Is CadRemit Safe?
Yes. CadRemit operates under applicable financial regulations in the markets where it provides services. We are regulated by FINTRAC in Canada, licensed by the Central Bank of Nigeria (CBN) as an International Money Transfer Operator (IMTO), and registered as a Payment Service Provider (PSP) with the Bank of Canada. We also use bank-grade security measures to help protect your account and transactions.
Which countries does CadRemit support?
CadRemit currently supports money transfers and payment services across Canada, Nigeria, the United States, and Europe, with additional corridors being added over time. Supported services and currencies may vary depending on your location.
How long do transfers take?
Most transfers are completed instantly, depending on the destination, payment method, and receiving bank. Some transfers, including certain bank settlement methods such as ACH or EFT, may take 1–2 business days.
Can I receive USD, CAD, or EUR payments?
Yes. Users can receive international payments through dedicated virtual accounts, making it easier to receive funds from employers, freelance platforms, family, and friends.
Is CadRemit safe for paying Canadian university tuition?
Yes. You can pay tuition to over 50+ Canadian educational institutions on the app. We are fully regulated by FINTRAC in Canada and licensed as an IMTO by the Central Bank of Nigeria, ensuring your institutional payments are safe and fully compliant.
What is the cheapest way to send money internationally?
CadRemit provides some of the most competitive rates with zero hidden fees. Send and receive Naira, CAD, USD, or EUR wallet on our app at a good rate today.
What currencies does CadRemit support?
CadRemit currently supports major currencies including Canadian Dollar (CAD), US Dollar (USD), Euro (EUR), and Nigerian Naira (NGN). Available currencies and services may expand over time.