Charlottetown Currency Exchange.

Charlottetown, and Prince Edward Island as a whole, doesn’t have a major international airport, meaning you’d have to drive to Moncton or fly from Charlottetown’s domestic airport to a bigger one like Toronto or Montreal for any flights to the United States or internationally.

Because of all that hassle, you may just want to wait until you get there for your currency exchange in Charlottetown. You can do that, but you wouldn’t be able to get the best currency exchange rates in Charlottetown because their markup is so high due to the high rent. However, with KBFX being totally online, you can easily get the best USD exchange rates in Charlottetown or the best foreign money exchange rates in Charlottetown, without ever leaving your home, making it easy and convenient!

If and when you’re in and around town, there may be a kiosk for currency exchange in Charlottetown that you’ll find. The convenience of these kiosks, especially for tourists or visitors, is in their location as they’re typically found in popular areas like tourist attractions, shopping malls and hotels. If you’re interested in using one of these, it’s understandable, but if it’s because you think you’ll find the best currency exchange rates in Charlottetown then you may be disappointed. They’re significantly smaller than the average retail store, yes, but that doesn’t mean there aren’t a bevy of expenses that come with running one of these kiosks.

All these expenses, like with the airport brokers, lead to the dreaded markup that bumps them out of range for the best currency exchange rates in Charlottetown. Independent exchange brokers may be where you start looking for lower exchange rates, and they definitely have their pros. But, with a higher risk of discovering a scam or fraud, it’s wise to do good research to make sure you know who you can and can’t use. One of the first and easiest things you can check is whether or not they require identification.

It may not seem relevant, but it’s an easy government regulation to follow, and as such is a warning sign if it isn’t being followed. When you can already get the best USD exchange rates in Charlottetown or the best foreign money exchange rates in Charlottetown at Knightsbridge Foreign Exchange, it’s not worth it to take the risk of a scam or fraud.

With most customers choosing them as their provider of currency exchange in Charlottetown, major Canadian banks take advantage of the knowledge that they consistently own a major percentage of the market. No matter what rates they offer, they continue to get most of the business and they know it, so it allows them to continue adding their large markups and not attempt to provide the best USD exchange rates in Charlottetown or the best foreign money exchange rates in Charlottetown.

Because of this, we at KBFX are dedicated to be an alternative option for Canadians to use, providing another place to get a safe, simple and fast exchange, but with the best currency exchange rates in Charlottetown.

Currency exchange brokers are constantly looking for ways to carve out a large piece of the pie when it comes to currency exchange in Charlottetown, and that often leads to different deals and offers for customers. Some of those include delayed or installment plans for payment, or bulk discounts on bigger exchanges. If they can offer the best USD exchange rates in Charlottetown or the best foreign money exchange rates in Charlottetown (or close to it), then it makes those deals even better!

At Knightsbridge Foreign Exchange, we’ve designed the business model to be convenient and cost effective. By being online only, it makes it easy for you to exchange, and saves us money by not having a large list of expenses from running various retail stores. This results in us being able to shift those savings to you, providing the best currency exchange rates in Charlottetown.