How long does school fees payment take?
School fees payments are processed on the same day they are initiated; however, it's common for educational institutions to confirm receipt within 3-5 business days.
To learn how to pay school fees,
click here.
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How long does it take to send money to a Canadian account via EFT?
Bank to bank transfers, also known as EFT transfers, typically take 48 business hours to process. For quicker transactions, we recommend using the e-transfer option, which can be completed within minutes.
How long does it take to send money to a USD account via ACH?
Bank to bank USD transfers, also known as ACH transfers, typically take 24- 48 business hours to process. For quicker transactions, we recommend using the Zelle option, which can be completed within minutes.
What are the fees for CAD transactions?
Here are the fees for different transactions involving CAD on CadRemit: - Depositing CAD into your CadRemit account: Free - Sending CAD via Interac e-transfer: CAD 1.5 - Sending CAD via EFT: CAD 1.5 - Sending CAD to a school: CAD 1.5
How long does the verification process take?
The KYC verification process is automated and typically takes between 3 to 5 minutes to complete, provided all instructions are followed correctly.
Can CadRemit be used for bill payment?
Currently, CadRemit’s services are limited to cross-border transfers and tuition payments. Bill payment services are not available at this time.