About Knightsbridge Foreign Exchange Inc.

Knightsbridge Foreign Exchange’s head office is located in Toronto, Ontario. We have a team across Canada to serve your needs and can work with Canadians in all provinces. Our entire focus is on you, the customer. Our goal is to ensure you save money on currency exchange.

Our bank beating exchange rates and free wire transfers are great for Canadians buying US real estate, moving to another country, sending money to family, and paying foreign tuition. We undercut the bank exchange rates. Bank exchange rates can include margins of up to 2.5% and most Canadians are unaware they can do a lot better. We call the banks every morning to ensure our exchange rates are better.

We’re proud to be one of the most trusted names in foreign currency exchange in Canada with over 70 media news interviews including 20 video interviews all by Canadian news outlets including the Toronto Star, Globe and Mail, Bloomberg, Reuters, CTV News, and BNN TV, etc. View our leading media presence here. We were also featured on CBC’s hit show Dragons’ Den where we were offered $1,000,000 by two Dragons.  We’re also proud of our A+ rating with the Better Business Bureau. Our goal is to give you a smooth transaction and ensure you save money when exchanging money.

Canadians love using our currency exchange service and we continue to grow. In 2013, Knightsbridge Foreign Exchange has been recognized by PROFIT HOT 50 among Canada’s Top New Growth Companies. Knightsbridge Foreign Exchange was recognized by PROFIT 500 among Canada’s Top-Growing Companies in 2017 and GROWTH 500 in 2018 in Macleans magazine.

We have processed almost two billion dollars on behalf of clients and our employees have significant experience with currencies. We have preferred exchange rate pricing agreements with Canadian banks. Our large transactional volume allows us to obtain purchasing power – we buy in bulk and pass on the great exchange rates to you along with free wire transfers. Transactions can be done same-day through your existing bank branch or through online bill payment.

Our customers continue to use our services because of our consistent bank beating currency exchange rates, free same day transfers, and professional proactive service. We look forward to working with you.

It is free to sign up, fast, and easy to use. One of our friendly agents will call you to walk you through the process.

Our Mission

How Do We Get Great Exchange Rates?

Review, Testimonials, and Media Coverage

Our Banking Partners

Transfer of Funds

Regulated and Registered with FINTRAC

Your Next Steps

100% Satisfaction and Rate Guarantee


We offer a best rate guarantee. We can beat any competitors exchange rate. In fact, we check exchange rates every day and ensure we beat them. It is always a pleasure to give you our personal attention and to ensure you are 100% satisfied with our service. We guarantee highly competitive exchange rates, great service, and timely delivery of your funds. Please contact us if you are not completely satisfied and we will credit your account if you are not satisfied in any way. We want every customer to be a satisfied customer and we mean it.

Complete Security of Funds

Knightsbridge Foreign Exchange is a BBB Accredited Business. Click for the BBB Business Review of this Foreign Currency Exchange Broker in Toronto ON
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Message From The President

Welcome to Knightsbridge Foreign Exchange,

As a leading provider of foreign exchange and international payment solutions, we are driven, every day, by a mission to improve the value we provide to you.

Having transacted well over a billion dollars, I am pleased to report that we continue to thrive and be a leader in our field. We continue to invest in the best people and technology to ensure your transfers are completed expeditiously and to your satisfaction. At the core of our belief is a “win-win” mentality that allows our customers to feel the impact and benefit to their bottom line through working with us. We appreciate your loyalty and will continue to work hard to continuously deliver value to you. That is my promise to you.


Rahim Madhavji

Rahim Madhavji, President

Rahim Madhavji brings a number of years of private equity and investment banking experience to Knightsbridge Foreign Exchange Inc. Most recently, he worked at TorQuest Partners, a $550 million Canadian private equity fund, where he focused on leverage buyouts, expansion capital investments, and existing portfolio company investments. Prior to that, he worked at the Global Investment Banking Division at RBC Capital Markets in the Mergers and Acquisitions group in Toronto. Mr. Madhavji has been involved in a number of advisory assignments including buyside, sellside, valuation and fairness opinion mandates across several industry sectors. He is a frequent guest on such respected financial shows such as BNN and CTV News and is quoted in the Globe and Mail, Reuters News, Toronto Star, Bloomberg, CBC, Financial Post, and Wall Street Journal. Mr. Madhavji is a graduate of the Richard Ivey School of Business at the University of Western Ontario.


Our clients take comfort in knowing that Knightsbridge Foreign Exchange complies with federally mandated “Money Laundering and Terrorist Financing” legislation, and employs a risk-based methodology to detect, prevent, and report activity that does not comply with this legislation.

Knightsbridge Foreign Exchange is governed by the government of Canada’s money laundering and terrorist financing policies as set forth by The Financial Transactions and Reports Analysis Centre of Canada, or FINTRAC. This regulatory body was created to detect and deter money laundering and terrorist activity by collecting reports on suspicious and prescribed financial transactions, as well as cross-border movement of large amounts of currency or monetary instruments. For a full description of FINTRAC’s mandate go to www.fintrac.gc.ca.

Knightsbridge Foreign Exchange’s registration number is M09819788.


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