KnightsbridgeFX for Foreign Currency Exchange in Calgary
Transferring money from CAD to USD can sometimes be a confusing and frustrating process. You want to ensure you’re not losing money, but if you’re unfamiliar with the many options available for foreign exchange in Calgary, you may end up with higher profit margins.
However, our team at KnightsbridgeFX is here to ensure that Calgary residents receive the best exchange rate available for their foreign funds. But how does our service work, and how will you benefit?
How Our Service Works
At KnightsbridgeFX, we’ve helped Canadian clients trade over 2 billion dollars successfully. Potential clients can enlist our services by following the steps below:
Receive a No Obligation Quote
Knowing what you’re signing onto before you commit is good, especially regarding monetary transactions.
Therefore, we are happy to provide a free exchange rate quote for the sum you want to transfer before we begin the official process.
To receive a quote, call us at 1-877-355-5239.
There is no obligation to use our service after making this request.
Book the Transaction
Once you’ve read your quote and are pleased with the exchange rate you’ll receive, it’s time to book your transaction. Confirm your quoted exchange rate to make a booking, and we will send you a trade confirmation receipt.
This receipt will reaffirm all your transfer details before it is processed to ensure you’re fully aware of what will be received after the transfer is completed.
Complete Your Money Transfer
After confirming your booking, you can complete the process through an online bill payment or bank transfer.
Don’t worry about checking if your bank qualifies – our service is compatible with all Canadian banking institutions.
Additionally, we offer a quick turnaround time so that you’ll receive your converted funds on the same or following day.
Complete Security of Funds
As mentioned above, our exchange rates are significantly better than what your local banks offer.
In fact, we make a point of calling Canadian banks regularly to analyze the difference in our rates and ensure we’re offering the best available.
While banks usually charge 2-3% for currency conversion, our rates come out to half a percentage of your funds.
By working with a KnightsbridgeFX broker, you’ll save hundreds to thousands of dollars, which is ensured by the use of our advanced technology.
Conducting Currency Exchange In Calgary for Large Transactions
There are many different ways to conduct currency exchange in Calgary. It’s a very competitive market, so it’s essential to do your research.
Currently, you can get your large transactions issued through a currency exchange in Calgary at the following general locations:
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Hotel exchange services
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Calgary airport exchange
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Kiosk services
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Bank
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Calgary exchange brokers
While all of the above options are viable, using a currency exchange broker provides a greater guarantee of receiving lower rates for larger sums of money.
By using the other services mentioned, you may end up paying high overhead fees or be at the receiving end of a sub-optimal exchange rate.
In contrast, at KnightsbridgeFX, our foreign exchange brokers are able to secure much lower rates, particularly for large transaction volumes ($5,000+).
This is ideal for businesses in Calgary that import/export goods to and from the US, international students paying tuition fees, and other bulk foreign transactions.
What Are the Benefits of Using KnightsbridgeFX?
In addition to providing the best rate available for Calgary currency exchange, the other benefits of our service include the following:
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Security
Our services are regulated by FINTRAC (an agency from the Government of Canada). We also guarantee consumer protection by having a $1,000,000 safety net.
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Fast Delivery
You'll receive same-day delivery of your money to your desired location, provided you book the transfer before your bank's cut-off time. If you still need to, the latest you'll receive your money is the following day.
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Transparency
We send all our clients a confirmation of the exchange rate before processing any funds. Therefore, you don’t need to worry about any hidden deductions or confusion over the exact sum you’ll receive.
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Convenience
Registration and booking only take a few minutes to complete, and you can send money from any bank in Canada.
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A Great Customer Service Experience
We provide streamlined assistance to ensure you receive your funds as quickly as possible. We care about our clients and strive to offer friendly service with a smile!
Why You Should Choose KnightsbridgeFX for Currency Exchange in Calgary
Client funds are held in a segregated account at a major Canadian bank and are completely secure. Rest assured, your funds are safe – we have set aside $1,000,000 for consumer protection.
When it comes to receiving the best exchange rates for US dollars in Canada, banks often fall short. These institutions are in the business of making money, and over-inflated rates guarantee their ability to avoid the cost of operations.
However, many consumers are unaware that banks are not the only source of foreign exchange in Calgary. As we read above, there are many options available, such as the use of our broker services.
By using KnightsbridgeFX, the rate of exchanging Canadian and US dollars is 2.5% lower than what a bank is able to provide.
If you …
- Are moving to the US
- Hold investments in US real estate
- Own a business that imports and exports goods to the US regularly
- Are paying international student tuition fees
- Traveling abroad long-term
…Then our system is the ideal choice for exchanging Canadian and US currency.
Get the Best Money Exchange Rate in Calgary with KnightsbridgeFX
At KnightsbridgeFX, we have helped over 130,000 customers successfully convert and transfer their funds since 2009. We’d love to help you with your foreign currency exchange in Calgary and provide you with the best rates available.
Once you contact us, we’ll send you a free quote and go over the next steps in more detail. If you’d like to speak to us over the phone, we’d be glad to take your call. You can reach us at the numbers below:
Telephone: (403) 800-3025
Toll-Free: (1-877)-355-5239
You can also contact our Calgary office at the below address:
500 4th Avenue SW Suite 2500
Calgary, AB T2P 2V6
Frequently Asked Questions
Tell me about Knightsbridge Foreign Exchange's Best Rate Guarantee.
We are guaranteed to offer you a better exchange rate than your financial institution. If you find a better rate from a competitor, once we verify the exchange rate quote we guarantee that we will beat their rate.
What is the minimum amount I can exchange?
Our typical transaction size is between $2,000 per transaction and up to $40 million annually. We like to keep our minimum to $2,000 but we have some flexibility.When sending funds outside of Canada, intermediary banks and receiving banks may charge the receiving customer to receive a transfer.
Tell me more about the security of funds.
Client funds are held in segregated client account at a major Canadian financial institution, separate from operating accounts, and are completely secure. A trade confirmation contract on our letterhead is sent to you upon execution of your currency transaction confirming all agreed upon details for your records. All transactions have a confirmation number and can be traced electronically with Canadian banks. Funds can be transferred quickly, generally same-day or next business day back to your specified destination. Funds are transferred securely by wire transfer or direct deposit.
All companies that transmit money in Canada must be registered and regulated by FINTRAC. We are registered and regulated by FINTRAC ( a Government of Canada agency) and our registration number is M09819788.
Over several billions of dollars have been converted for thousands of our Canadian clients and we have a number of testimonials in third party reputable business media including the Toronto Star and Globe and Mail.
Our client account and relationship with our Canadian financial institution is in good standing and they are willing to verify this with a bank letter or phone reference (please contact us if required).
We are conveniently integrated with all Canadian banks and you can test our service with a small amount to see how it works.
Why don’t you show your rates online?
The rates change based on the amount you exchange. You can check the rate at any point by using the exchange calculator in your online account or our website . Furthermore, if you call or email us with the amount you want to exchange, we can give you the rate inclusive of our fees based on the dollar amount you are exchanging.
Can I pay with physical cash, cheque, or bank draft?
We are not able to accept payments by cash, cheque, or bank draft.
How can you get an exchange rate better than what banks offer?
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. Moreover, unlike us, banks have very complex infrastructures and charge hidden fees to be able to cover their costs.
Why banks allow you to use them when you are a competitor?
Banks are required to work with us for anti-competitive reasons.
How do I register as a Corporation?
You can easily open a free corporation account by clicking here or navigating to the Sign Up page in the top menu. Follow the registration steps, provide your company information, and upload the required validation documents. Once your account is activated, you can start booking your first trades.
