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Remitbee international money transfers review

Send money overseas with Remitbees's range of payment options, including bank transfer and card.

This product is not currently available via Finder. Visit the provider's website directly, or compare other options.

Quick verdict


  • Low transfer fees, fee-free above $500 CAD
  • Competitive exchange rates
  • Money-back guarantee if anything goes wrong with your transfer


  • Doesn’t support a lot of currencies
  • Not suitable for large transfers, new users are limited to $3,000 CAD per day
  • Limited to Canada, you can only send money out of the country

See our full list of pros and cons below.

Remitbee exchange rates and fees

Remitbee adds a relatively small markup to exchange rates. For example, they add a 0.50% margin when sending money from Canada to India. Generally their markup ranges from 0.50% to 3%. Currencies such as the South African Rand have a 2.80% margin.

The fees you’ll pay depend on how much money you’re sending, as well as whether you’re paying from your Remitbee wallet, or with a debit or credit card. If you send more than $500 CAD if you can avoid paying a $2.99 transfer fee. Compare fees in the table below to get a better idea of what your transfer will cost.

AmountWalletInteracVisa or Mastercard Debit

Available currencies

Remitbee sends money to 48 countries worldwide – popular currencies include:

  • INR Indian rupee
  • PHP Philippine peso
  • USD United States dollar
  • EUR Euro
  • GBP British pound
  • JPY Japanese Yen
  • SGD Singapore dollar
  • THB Thai baht

What types of transfers can you make with Remitbee?

Although it varies from country to country, Remitbee offers a range of ways you can send money, including:

  • Mobile wallet. Send to your recipient’s smartphone wallet. This option is helpful if your recipient doesn’t have a bank account and isn’t near a cash pick-up location.
  • Cash pick-up. You can send money to a cash pick-up location for your recipient to collect in person. If you choose this option, the person picking it up will need a valid photo ID on hand and the reference number.
  • Bank transfer. The money will be deposited directly in the bank account you choose. You’ll need to know their SWIFT code as well.
  • Door-to-door delivery. Instead of picking up the cash at a fixed location, this option means your cash is delivered physically to your recipient’s home.

How long does a transfer with Remitbee take?

Most transfers with Remitbee will arrive in 1 – 3 business days, depending on how you’ve paid for it and whether your account needs to be verified.

Transfers typically takeClock icon for transfer speed

1 business day

What payment methods does Remitbee accept?

You can pay for your transfer with Remitbee through a bank transfer or a card.

If you’re sending through debit or credit card, you’ll pay higher fees than if you use your Remitbee wallet (which offers free transfers above $500).

Is Remitbee safe to use?

Since starting in 2015, Remitbee has built up a strong reputation as a safe and reliable money transfer provider in Canada. The company is regulated by FINTRAC and Reports Analysis Centre of Canada. In addition, Remitbee is Better Business Bureau accredited. On Trustpilot customers rated them 3.9 out of 5, based on around 195 reviews (February 2023).

How does Remitbee make money?

Remitbee makes money by charging a small fee and a margin on the exchange rate. The fee depends on if you’re paying through a bank transfer or a debit/credit card (check fees for your transfer).

Remitbee, like most other providers, also adds a margin onto the exchange rate. This is why the exchange rate you get quoted varies from company to company, and also from what you can see on Google or Xe.

For example, a provider may quote you CAD$1= PHP 36.99 for a money transfer to the Philippines, while the rate you can see on Google is CAD$1 = PHP 38.12. This difference is the margin and it’s how providers cover their own fees.

How to create a Remitbee account and send your first transfer

You can sign up for Remitbee for free, and use a piece of ID to verify your account. Then all you need to do is add your recipient details, figure out how you want to make your payment and away you go.

You can also track your transaction from start to finish using your tracking ID.

    What is Remitbee’s background?

    Remitbee was launched in 2015 by Canadian immigrants for Canadian immigrants. The company is looking to spark a financial revolution in the remittance market by offering customers a low-cost way to move money across borders. Currently, they only operate out of Canada and offer transfers to 48 countries.

    In a nutshell


    • Competitive fees and great exchange rates. No fees if you send more than $500 and only charge narrow margins, making them much cheaper than Canadian banks. On their website, they claim to offer the best exchange rates in Canada.
    • Easy-to-use website and app. We were able to sign up and start a transfer in about five minutes.
    • Several payment options. You can pay through direct debit from your bank or a credit or debit card.


    • Limited maximum transfer. You can only send $3,000 per day for a verified account (and only $995 for unverified).
    • Low monthly transfer. You can’t send more than $25,000 per month.
    • Fewer countries and currencies. They’re aiming to add more to the list but for now you can only send money to 48 countries.

    How does Remitbee compare to other providers?

    Our table below lets you compare services you can use to send money abroad. Compare fees, exchange rates and discounts from different money transfer services, and when you have made your choice, click Go to site.
    1 - 9 of 9
    Name Product Filter Values Fastest Transfer Speed Fees (Pay by Bank Transfer)
    Within minutes
    From $0
    Use code FINDER20X2 to get $20 off on first two transfers on a min transfer of $250. Valid until December 31, 2023.
    Instarem offers zero transfer fees on all transfers.
    Wise (TransferWise) - Under 10k
    24 hours
    From 0.41%
    Wise uses the mid-market rate and transparent fees to help you send money in 45+ currencies.
    Finder Award
    Within minutes
    From $0
    Special offers like free transfers and better exchange rates available for new customers.
    Remitly has quick, affordable transfers around the world, with both express and economy options.
    Within minutes
    From $0
    Send money in CAD to Africa on this blockchain and P2P powered provider.
    Finder Award
    Within minutes
    From $4.99
    For a limited time, get $0 fees on your first money transfer from Canada. Conditions apply.
    MoneyGram has fast cash pick-up transfers to more than 350,000 agent locations worldwide.
    Finder Award
    24 hours
    Exclusive offer: Discounted exchange rates for your first and ongoing transactions. $0 transfer fee.
    OFX has no maximum limit transfers, with competitive exchange rates for 50+ currencies.
    Finder Award
    24 hours
    Exclusive offer: Discounted exchange rates for your first and ongoing transactions. $0 transfer fee.
    OFX has no maximum limit transfers, with competitive exchange rates for 50+ currencies.
    Within minutes
    From $0
    Use promo code 3FREE and pay no fees on your first 3 transfers. Conditions apply.
    WorldRemit sends money to 110+ countries for bank-to-bank deposits, cash pick-ups or mobile top-ups.
    24 hours
    CurrencyTransfer lets you shop around for the best exchange rate on its online marketplace.

    Frequently asked questions

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