Importing from Germany: Everything You Need To Know

RemitrBusiness

Importing from Germany: Everything You Need To Know

Germany is the European Union’s most politically and economically influential nation.  Germany is the EU’s strongest economy, and the fourth strongest in the world. In 2017, Germany’s Gross Domestic Product (GDP) amounted to €3.3 trillion.  Germany is the 3rd largest export economy in the world, with its top exports including cars, vehicle parts, packaged medicaments, planes and helicopters. The top export destinations of Germany are the US, France, the United Kingdom, China and the Netherlands. … Read More

Dropshipping: What It Is And How To Get The Most From It

RemitrBusiness

Dropshipping: What It Is And How To Get The Most From It

Dropshipping is a retail fulfillment method, where a store doesn’t keep the products it sells in stock. Instead, the retailer transfers customer orders to either the manufacturer, another retailer, or a wholesaler. The retailer will also transfer the customer’s shipping information, and the product is mailed directly to the customer. As a result of dropshipping, the retailer never sees or handles the product.Drop shipping is particularly common with expensive products and unique custom items. Another … Read More

Top 5 Shopify Plugins For Your E-Commerce Business

RemitrFinance

Top 5 Shopify Plugins For Your E-Commerce Business

If you’re running an ecommerce business, you should absolutely check out Shopify. The Shopify App Store provides you with so many useful tools that can help you start, grow, and manage your business. Once you have your Shopify store up and running, you should start thinking about making it stand out. Thankfully, there are many ways to do this. The Shopify App Store features a massive collection of plugins that can help you grow your … Read More

Easily Deactivate A Beneficiary You No Longer Need With REMITR

RemitrNews

Easily Deactivate A Beneficiary You No Longer Need With REMITR

Up until now, REMITR users could not remove beneficiaries from their REMITR Account. Now, with the simple click of a button (see below), users can deactivate a beneficiary at any time. If you are no longer working with someone, this is a simple way to ensure you don’t accidentally send a payment to them. As well as this, it helps to keep your account as clean and clear as possible. REMITR allows your business to … Read More

Everything You Need To Know About CIBC US Dollar Accounts

RemitrFinance

Everything You Need To Know About CIBC US Dollar Accounts

Many Canadian individuals and businesses deal with the US Dollar (USD) on a regular basis. Any Canadian who frequently deals with USD knows that it can be a muddy experience. Most banks charge a high markup percentage when converting currency, in order to make a profit from your transaction. On top of that, when using your credit card to pay in a different currency, many banks charge you around 2.5% extra. Worse still, if you … Read More

Maintain Unlimited Bank Accounts For Beneficiaries With REMITR

RemitrNews

Maintain Unlimited Bank Accounts For Beneficiaries With REMITR

REMITR users can now also add more than 1 bank account per beneficiary. This prevents you having to add the same beneficiary to the system more than once, removing the risk of sending money to the wrong account. If they have multiple accounts, whether it be a chequing account in their country or an account in another country, you can simply add it to their beneficiary profile on your REMITR Account. To add a new … Read More

Brexit Explained: What Is It And How Will It Affect Businesses?

RemitrBusiness

Brexit Explained: What Is It And How Will It Affect Businesses?

You can’t look anywhere these days without seeing the latest Brexit news. For some people – even for those involved with negotiations –  it can get a little confusing. What does it mean? Why did it happen? When will it happen? Will it have any impact on Canadian businesses? There are so many questions. So, we’ve put together an easy to understand guide to Brexit that will hopefully answer all of these questions for you. … Read More

REMITR Adds Beneficiary Notification To Further Simplify Payments

RemitrNews

REMITR Adds Beneficiary Notification To Further Simplify Payments

At REMITR, we aim to make international payments as simple, fast and inexpensive as possible. To further reduce the stress of sending money for our valued users, we’ve added features to let you notify beneficiaries about your payments. There’s nothing more annoying than someone asking your for their money when you’ve already sent it to them. At REMITR, we provide 1 day transfers – but that doesn’t always stop your clients putting pressure on you. … Read More

Best Way To Convert US Dollar Income To Canadian Dollars

RemitrFinance

Best Way To Convert US Dollar Income To Canadian Dollars

Canada’s biggest trade partner is the United States of America, so it’s no surprise that a huge number of Canadian companies work with clients and suppliers across the border. It also comes as no surprise that the number of Canadians working remotely or freelancing for companies in the U.S is growing all the time. As a result, a common issue faced by both Canadian businesses and individuals is finding the best way of converting US … Read More

New REMITR Update Further Improves US Business Payments

RemitrNews

New REMITR Update Further Improves US Business Payments

From April 1st 2019, REMITR users will be able to send US business payments via ACH. Users can continue to send payments to the US via wire transfer, but ACH payments will show as the preferred option as they are faster and cost less. It is important to note that the routing number for ACH payments may be different to the routing number for wire transfer payments. If customers are adding an ACH payment for … Read More