Guaranteed to Beat Most Currency Exchange Rate in Nanaimo
Nanaimo, also called “The Harbour City,” is located along the eastern coast of Vancouver Island. With such a prime location, many residents may want to take a trip south to the United States. It’s wise to have a bit of US cash handy for these trips, but where can you exchange your Canadian dollars without worrying about the high fees?
Here at KnightsbridgeFX, we pride ourselves on offering a transparent and straightforward currency exchange service at unbeatable rates. Curious about how we can help you maximize your money exchanges? We’ll cover it all below.
How Our Service Works
We consider it a privilege to help you with your currency exchange needs. Over the past 14 years, KnightsbridgeFX has helped Canadians successfully exchange over 2 billion dollars, and we’d love to help you.
To get started, simply follow the steps below:
Request a Free Quote
Understanding that trust is paramount in any financial transaction, we do our best to avoid hidden surprises.
To ensure this, we gladly offer potential customers a free, no-obligation quote for the amount they wish to exchange. Simply call us at 1-877-355-5239, and one of our friendly customer service team members will gladly assist you.
Reserve Your Transaction
Happy with the quote you’ve received? Great! You can book your transaction.
To fill out the booking form, confirm the exchange rate you were quoted and the desired currency. You’ll receive a trade confirmation receipt of this booking via email.
This receipt will provide you with a final review of your transaction details to give you a clear understanding of the exchange rate applied to your funds.
Complete Your Exchange
With all the transaction details ironed out, it’s time to finalize your money exchange. You can pay through a bank transfer or via an online bill payment.
Concerned about your bank’s compatibility? Don’t be. Our service works seamlessly with all Canadian banks!
At KnightsbridgeFX, we’re dedicated to providing top-notch service to our clients, ensuring they get the best value for their money. Get in touch with us, and we’ll help you get the funds you need.
Use our savings calculator to see how much you can save on your next transaction
Take advantage of the best exchange rates when buying US real estate, moving to another country, sending money to family, and paying foreign tuition.
Free same-day transfers, no hidden fees and professional service.
Our converter uses mid-market rates. The rate is subject to change.
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USDPeace of Mind with Our Guaranteed Fund Security
When picking a company to handle your money, always choose one that guarantees the safety and security of your funds. That way, you can be confident knowing your hard-earned money is protected.
At KnightsbridgeFX, we ensure your money is 100% secure. Our services are not just reliable, but we are also regulated and monitored by FINTRAC, a Canadian Government agency. This initiative keeps your financial transactions safe from fraudulent activity.
Places for Currency Exchange In Nanaimo
There are several locations where Nanaimo residents can convert their money into foreign currency. However, if you’re new to trading your Canadian dollars, you may not be as familiar with the process.
Here are some places to do money exchange:
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Nanaimo Airport (YCD) currency exchange services
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Hotel currency exchange services
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Currency exchange kiosks
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Foreign exchange services at the bank
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Currency exchange brokers
While all of the options listed above are reliable and acceptable methods for foreign currency exchange in Nanaimo, if you want to save money, work with a currency exchange broker.
Getting your money exchanged at a kiosk or bank could lead to a high rate of 2-3%. At KnightsbridgeFX, on the other hand, our brokers promise the most competitive exchange rates in Canada, charging only half a percentage of your overall transfer. This is great for larger transactions ($5,000+).
These competitive rates are ideal for residents with international business commitments, properties in other countries, and international students paying high tuition fees.
The Benefits of Using Knightsbridge Foreign Exchange
We’re committed to offering you the best exchange rates in the market, outdoing all Canadian banks by charging 2.5% less. But our benefits go beyond that. Here are five other things you get with our service:
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Security
We're regulated by FINTRAC to ensure maximum protection against fraud. To further safeguard our clients, we maintain a $1,000,000 safety net to cover any unexpected losses.
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Quick Delivery
If you complete your transaction before your bank closes, you’ll receive your money that same day. If not, rest assured your funds will arrive no later than the next day.
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Transparency
We value our clients' trust. That's why we send all of our customers a confirmation of their exchange rate before processing their transactions to ensure they’re fully aware of all fees and deductions.
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Convenience
We've designed our registration and booking process to be quick and painless, and our service is compatible with all Canadian banking institutions.
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Quality Customer Service
Our dedicated team is here to ensure a smooth transaction process for you. We also offer friendly customer service via our toll-free number. Call us today!
KnightsbridgeFX vs. Traditional Bank Services
Traditional banks often disappoint when it comes to services like foreign exchange, with their primary goal being profit. This typically leads to customers paying high fees and receiving subpar exchange rates.
At KnightsbridgeFX, our primary focus is on you, our client. We’re committed to offering the lowest available rates, a whole 2.5% lower than any Canadian bank.
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 Rates In Nanaimo, BC
Since 2009, Knightsbridge Foreign Exchange has helped over 130,000 Canadians convert and transfer their CAD into US dollars. Our team of brokers will provide you with the best service for less.
Looking for the top services in Nanaimo? Let us help you. Just give us a call, and one of our agents will start you off with a complimentary quote.
Reach out to us at the following telephone numbers:
Toll-Free: 1-877-355-5239
Vancouver: (604) 229-1065
You can mail our Vancouver location at:
1285 W Broadway #600
Vancouver, BC
V6H 3X8
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.
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