It wasn’t in our wild cards, that in 2024, we’d be pivoting to the USA soon enough. Of course, it's a vision we had - to move from helping diasporans living in Canada send CAD and Nigerians send Naira to their loved ones. But now the future is closer than we thought, as you can send or receive USD through your CadRemit app. This means that if you have a USD account domiciled in the USA you can now send or receive USD through CadRemit.
Here’s What You Can Expect
No Hidden Fees: What you see, is what you get. As we’ve always maintained, you’ll only have to pay for the transaction fee you’re being charged. No other fees are hidden, either when you’re sending CAD, Naira, or now USD.
Great Rates: You never have to break the bank when making USD transfers. They’re flexible and cheaper than what you’ll get anywhere else.
Fast, Easy, and Secure Money Transfers:This expansion is a testament to our growth but more than that it’s our commitment to make sure you can continue sending money in a convenient, easy, and secure way to those you love. Whether you’re sending money to support family, contribute to school fees, or help a friend, CadRemit ensures that you do it with ease — in just a few taps and your transfer is on its way.
So, where do you begin?
You’ll need to set up a virtual USD account on CadRemit. Your account will be approved once your information is reviewed—usually within 24 hours. You will then receive an email confirming that you can start making deposits into your account.
How to deposit USD in your CadRemit account:
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1. Sign in to your CadRemit account, and make sure your account is funded.
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2. Tap Deposit, then choose USD as the currency you’d like to deposit.
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3. Then, use the virtual account details to initiate your transfer, which include the account name and number, bank name, and address to send to.
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4. Log into your banking app, and initiate the e-transfer using the provided details.
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5. Once you’re done with the transfer, you’ll receive a notification to confirm its success, and your wallet will be credited.
How to transfer USD from your CadRemit account:
And if you’re going to travel to Canada from Nigeria while working remotely, you can use the CadRemit app to send Naira from your Nigerian account to your CadRemit wallet and spend it in CAD when you arrive in Canada. Just by following these steps:
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1. Download the CadRemit app and sign in to your account.
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2.Tap Transfer, then choose USD as the currency you’d like to send.
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3. Tap Continue.
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4. Add the amount you want to send and the recipient's account details, then tap Next.
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5. Add the recipient's address and tap Continue
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6. Review the details and send.
Are you ready to start sending USD? Go ahead, and open a CadRemit account at cadremit.com, then download the CadRemit app on the Google Play Store or the Apple App Store to start sending USD to show love to those who matter to you while being away from home. It’s time to step up your love from your pockets!
Sade
CadRemit Editorial
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