GUELPH: Currency Exchange (1-877-355-5239)
Whether you’re a long standing resident of Guelph or just travelling through the area, the community provides a range of financial services that are on par with most major cities. If you’re seeking to exchange foreign currency, there’s no need to drive into Toronto for this service. In terms of providers, both the major Canadian banks and dedicated third-party exchange bureaus offer FX within Guelph’s limits, or in neighboring Kitchener-Waterloo. Before you drive straight to a nearby branch of your local bank, it may be worth learning a bit more about the foreign exchange industry.
As digitalization improves and informational barriers start reducing, many bank-dependant individuals are discovering that their own banks charge unreasonable rates for basic services. From setting maintenance fees on savings accounts to charging for simple bank activities like withdrawals, the banks have historically gotten away with issuing tons of unnecessary costs. Especially when it comes to currency conversions, many individuals go to their bank without giving it a second thought. Most individuals, regardless of their industry knowledge, understand that some airport FX booths charge outrageous exchange rates in order to profit off unsuspecting travelers. From our experience, many banks do precisely the same thing but it just goes widely unnoticed. There’s never been an easier time in history to become properly informed on foreign exchange. Allow us to help you receive the best rates on US dollars in Guelph, Ontario.
Places in Guelph Where You Could Find CAD to USD Conversions
Guelph is not a large city by any means, but there are still a few local currency exchange services with most of them being physical cash businesses. Cash transaction companies in Guelph also include the big Canadian banks and all other independent currency brokers. A good rule of thumb to follow is that banks generally charge the most for their exchange rates, while independent specialized brokers tend to provide the cheapest way to exchange Canadian to US dollars (and other tradable currencies for that matter). At the end of the day, it is most important to choose a provider that satisfies your requirements and gives you peace of mind during the transaction. That is why it is essential to perform your own research and due diligence to see which providers will work best for you, while simultaneously considering cost versus convenience. Some things to think about include timeline of transaction, ease of use, level of service, online reviews, overall reputation, and consumer experiences. These things can be found in online forums such as www.redflagdeals.com, Google reviews, and contacting a company’s service representatives directly.
The Ideal Way to Exchange Various Currencies in Guelph
Taking your business to a qualified foreign currency exchange can save you dozens or even hundreds of dollars. At Knightsbridge Foreign Exchange, we focus exclusively on providing individuals and businesses with foreign currency exchange services at a fair price. In fact, our rates regularly beat the costs that you’ll pay at your own bank. Compared with the average Canadian financial institution, our rates can save you 1% more at the very minimum. If you’re considering one of the major banks for currency exchange, such as RBC or ScotiaBank, we’ll typically save you up to 2.5%. On larger exchanges, those percentages can add up to real dollars and cents.
Currency exchange is a straightforward commodity service – it shouldn’t be marketed as something that needs to come with high fees. However, many major banks use the service as a means of making a little extra revenue, which helps them cover high overhead costs that get cultivated by their hundreds of business expenses. If you’re already in the lobby of your own bank, you may be tempted to just exchange your money there. However, that’s exactly what major banks count on. Instead, we suggest you shop around and constantly compare rates online. Call up your bank and ask for their rates, and then call us for our rates – the answer will surprise you! We’re confident it will end up being worth your time.
A Short Intro to Guelph, Ontario
Also known as “The Royal City”, Guelph is a Canadian city located in southwestern Ontario. Just about 100 km (62 mi) west of central Toronto, Guelph is a vibrant part of the greater Toronto region. With low crime rates and notable natural beauty, the community regularly wins awards as one of Canada’s most desirable places to live. The economy in Guelph is relatively diverse, including manufacturing, education and accounting sectors. Throughout the broader economic recession, beginning in 2008, Guelph was regularly singled out for its unusually high employment rates and relatively unscathed economic picture. While in Guelph, it is possible to bank at branches from any of Canada’s major banks, including ScotiaBank, RBC Royal Bank and many others.
We invite you to give us a call any time at 1-877-355-5239 for currency exchange quote with no obligation whatsoever. You’ll learn from one of our representatives how quickly and easily you can proceed. If you prefer, you can also submit the form below and we’ll get you all of the information that you need to get the best rates on currency exchange in Guelph.
To find other cities serviced by Knightsbridge please visit the Currency Exchange in Canada page.
Things You Probably Didn’t Know About Guelph, ON
- A study done by the Bank of Montreal in late 2018-early 2019 pronounced that Guelph had the lowest unemployment rates and highest levels of job growth in Canada
- The “Guelph General” hospital is widely regarded to be one of the best in Canada in terms of medical practitioner capability
- Sleeman Breweries Ltd was founded in Guelph, Ontario in 1988
- Many fantastic film and TV show productions were recorded in Guelph, such as: Total Recall, American Gods, and a few episodes of Murdoch Mysteries
You can also find us elsewhere online here:
- Foreign Exchange – anyone use Knightsbridge? – RedFlagDeals.com Forums
- Knightsbridge Foreign Exchange | Complaints | Better Business Bureau® Profile
- Knightsbridge Foreign Exchange | Better Business Bureau® Profile
- Knightsbridge Foreign Exchange Reviews | Glassdoor.ca
- Currency exchange: How to get more for your downward dollars
- How snowbirds can avoid being plucked when they buy U.S. dollars – The Globe and Mail
- Company Overview of Knightsbridge Foreign Exchange Inc.Bloomberg – Are you a robot?
- KnightsbridgeFX.com – Home | Facebook
- Knightsbridge FX (@KnightsbridgeFX) | Twitter
- Knightsbridge Foreign Exchange – Wikipedia
- Knightsbridge Foreign Exchange Competitors, Revenue and Employees – Owler Company Profile