Below you will find the mid-market foreign exchange rate for many popular currencies. Use KnightsbridgeFX’s comparison chart to evaluate the foreign exchange rates offered by other financial institutions against Bank of Montreal foreign exchange rates to ensure you are getting the best rate possible!

BMO Exchange Rates Overview

The Bank of Montreal (BMO) offers foreign exchange services for over 50 tradable currencies and exotics, including over 100 currency pairs. BMO holds a dominant position in the Canadian dollar FX market. For businesses, they also offer risk management solutions, including derivatives, swaps, and options.

Bank Exchange Rates	Markup %	Source	Potential Savings when buying $10,000 USD with KnightsbridgeFX.com
BMO – Bank of Montreal	2.65%	BMO Exchange Rates	$235
RBC – Royal Bank of Canada	2.60%	RBC Exchange Rates	$230
TD – Toronto Dominion Bank	2.64%	TD Bank Exchange Rates	$234
CIBC – CIBC Bank	3.34%	CIBC Foreign Exchange Rates	$304
Scotia – Scotia Bank	2.88%	Scotia Bank Foreign Exchange Rates	$258
HSBC – HSBC Bank	2.10%	HSBC Foreign Exchange Rates	$180
Desjardins	2.49%	Desjardins Foreign Exchange Rates	$219

You can easily find your closest BMO branch using their online branch locator. You can contact BMO about their exchange rates and other exchange services at 1-877-225-5266. This is a very convenient option if you are looking for a smaller amount of foreign currency for travelling.

Accessing BMO’s Exchange Rates

BMO posts their foreign exchange rates online. Remember that not all currencies are available at all branches, and that currency exchange rates are subject to change.

Alternatives to BMO‘s Foreign Exchange Services

There are several alternatives to BMO available to you when evaluating where you should conduct your foreign exchange transactions. All of the five major Canadian banks (BMO, CIBC, RBC, Scotiabank, TD) offer foreign exchange services. You can access the resources at the bottom of this page to compare BMO’s exchange rates with that of the other big banks, as well as most major credit unions. If you are looking to exchange cash, make sure you compare BMO’s foreign exchange rates with those of competitors to ensure you get the best exchange rate.

If you are looking to do a currency transaction for a large amount ($5000+), you should shop around in order to ensure you get the best foreign exchange rate. At KnightsbridgeFX we offer a best rate guarantee, beating bank rates by 1-2%. If you are looking to make a large transaction, give us a call at 1-877-355-5239 to get a comparison quote.

Compare Other BMO Products

The Bank of Montreal offers a full complement of financial services, including bank accounts, credit cards, mortgages, loans, investments, financial planning, and travel services.

BMO’s product breadth is among the most comprehensive in the globe. Compare your current provider for the aforementioned financial services to BMO’s offerings to ensure your financial needs are being met in the best possible way.

More on BMO

The Bank of Montreal (BMO) was established in 1817. BMO provides a wide breadth of services, including retail banking, wealth management, and investment banking products to over 12 million customers. In the United States, clients are served by BMO Harris Bank, and BMO Private Bank. BMO Capital Markets services North American investment and corporate banking.

Exchange Rates from Other Financial Institutions

RBC Exchange Rates Overview	Scotiabank Exchange Rates Overview
TD Exchange Rates Overview	HSBC Exchange Rates Overview
BMO Exchange Rates Overview	National Bank Exchange Rates Overview
Desjardins Exchange Rates Overview