“I saved a huge amount…about $3,000 over the bank quoted for U.S. dollars…everything went as smooth as a dream”
Florida Property Buyer interviewed by the Toronto Star
“You can save hundreds, if not thousands of dollars”
Calgary-based financial planner who specializes in cross-border financial issues.
“KnightsbridgeFX is an online currency exchange company that seeks to undercut foreign exchange rates offered by larger financial institutions”
columnist, for the Globe and Mail
“KnightsbridgeFX is “the costco’s of foreign exchange”
Financial Advisor quoted in the Globe and Mail
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As the world gets smaller and smaller, more people have the need to exchange currency. Whether you need to convert currency for travel, trade, commercial purposes, hedging or simple speculation, there are a number of ways to do so.
Unfortunately, the most common avenue used by individuals to exchange currency is also the most expensive as the major banks offer very poor exchange rates. Most banks have large infrastructure, administration and large overhead costs. They use their currency conversion service to subsidize other parts of the banks. They have many other lines of business and generally poor service. It may be difficult to find the conversion department or service person depending on the bank. However, Knightsbridge FX is focused only on this service, so we can provide the lowest rates. In general, large banks provide rates from 2% – 2.6% to convert currency. In contrast, Knightsbridge FX provides the lowest currency conversion rates on the market, ranging from 0.1% to 0.6%.
To find the best rate to convert currency take several simple steps. First, write down all of the local banks and their phone numbers. Those include RBC, TD Bank, Scotia Bank, BMO, CIBC and others. Ask each bank how many US Dollars (or whatever currency you need) they will provide in exchange for $1,000 Canadian. The bank that will provide the most has the best rate. Then check out the Knightsbridge FX rate. We guarantee that our rate will be the lowest, and if not then we will match the lowest rate on the market. Our lowest rate guarantee has helped countless clients achieve favorable rate on their currency conversion, saving themselves both time and money.
Canada has strong links to the US economy and a large demand to convert Canadian dollars to US dollars. We also have historic links to Europe, especially France and England. More recently, we’ve seen the growth of large Asian communities in Canada and have increasing links with that part of the world. As the links around the world grow stronger and stronger, there is an increasing need to convert currency on a frequent basis.
Canada is the one of the largest countries on earth by land area but only has 35 million people. Canada was originally settled by travelers from England and France but has a large native population as well. The economy is driven primarily by natural resources including oil, agriculture, minerals and potash. More recently, the economy has diversified into such industries as tourism, aerospace, finance, manufacturing, technology and media among others.
Canadians are frequently travelling to the US for fun and business. Currency conversion is critical to help make these trips go smoothly. Of course, Canadian companies do business with practically every country on earth and currency conversion is critical to these transactions.
Here are some of the locations throughout Canada where Knightsbridge FX offers currency exchange services:
|Calgary||Kingston||Quebec City||Thunder Bay|
|Edmonton||London, Ontario||Saguenay||Waterloo, Ontario|
Please call us directly at 1-877-355-5239 for a no-obligation quote on your currency exchange. Or you can just fill out the form below and one of our friendly consultants will contact you to walk you through every stage of the process. Our consultants will be sure to provide the best service and the best currency exchange possible in Canada.