Compare Our Currency Exchange Rates with the Banks
Currency Exchange with Knightsbridge Foreign Exchange
Knightsbridge Foreign Exchange provides better currency exchange rates than the banks. In fact, we call the banks every morning and ensure our currency exchange rates are better. Exchange rates are typically better by up to 2.5% compared to the Canadian banks. Give us a call for a no-obligation quote and we will help you compare exchange rates.
Our currency exchange rates are so much better than the banks that we have been featured in the Toronto Star and Globe and Mail. Thousands of Canadians are using our service and in 2013 Knightsbridge Foreign Exchange was recognized by PROFIT HOT 50 magazine as one of Canada’s fastest growing top new companies. We continue to grow and work with Canadians in all provinces in Canada.
As foreign exchange specialists, our large transaction volume allows us to obtain preferred foreign exchange rates from global financial institutions.
We work with thousands of Canadians helping them save their hard earned money. Individuals and businesses that have a need to buy or sell US dollars often overpay by using the banks. The exchange rate they receive from their bank has a high markup. We undercut the bank exchange rates and help save you money.
Whether you are buying US real estate, moving to the US, or own a small business that is importing or exporting, we can help you save money when buying US dollars.
We pride ourselves in being the best place to buy or sell US dollars and our team is ready to show you how we can save you money and just how easy the process is. To get more details, give us a call at 1-877-355-5239. We have a best rate guarantee and we would be delighted to work with you.
Best Exchange Rate Guarantee
We work hard to obtain ultra competitive exchange rates. The reason we can offer ultra competitive exchange rates is based on a couple of factors. The first is based on the fact we have special relationships with Canadian financial institutions because of our currency exchange volume. Since we regularly buy in millions of dollars, we get access to specialized currency exchange pricing. This means we can buy our currency very cheap, at the wholesale exchange rate. Most Canadians cannot access the wholesale currency exchange market due to small volumes and end up paying steep retail margins.
Secondly, we have invested heavily in technology to conduct transactions quickly and at a very low processing cost. This allows us to reduce our cost per transactions compared to other financial institutions that have large overhead or carry physical cash currency exchange. In fact, we focus on large currency exchange transactions, which allows us to obtain volume and reduce our currency exchange costs.
Thirdly, we regularly call financial institutions to check up on their exchange rates. Since the traditional financial institutions have large marketshare in Canada, they have no need to provide competitive exchange rates as most of their customers will deal with them regardless of price. We price our currency exchange pricing to ensure you are saving money on currency exchange with us compared to other financial institutions. We have been awarded and ranked in PROFIT HOT 50 magazine as the fastest growing currency exchange company in Canada primarily because of the value we deliver to Canadians that need to exchange currency.
Currency Exchange Tips
Firstly, nobody can predict where the Canadian dollar is going to go. It can go up, down, or stay the same.
Secondly, just because a currency has been going up, doesn't mean it will continue to go up. The value of a currency is based on supply, demand, and other economic forces. Things can change very quickly and most of the time they are based on factors outside of your control.
Thirdly, don't spend your entire day watching exchange rates. This is what we are here for. We watch currency exchange markets all the time and we are happy to watch the currency exchange market for you to let you know when the currency reaches your desired level.
Why Use Knightsbridge Foreign Exchange
Give us a call at 1-877-355-5239 for a no-obligation currency exchange quote and one of our representatives will walk you through the process and next steps.
Knightsbridge Foreign Exchange Inc.
First Canadian Place, 100 King Street West, #5700Toronto, ON, M5X 1C7