Vaughan Currency Exchange Get the Best Rates (1-877-355-5239)

Send your money wherever it's needed, whatever the reason:
Pay international student tuition fee
accredited business
We've helped customers save $25,000,000.
It's your turn.

Vaughan Currency Exchange Get the Best Rates (1-877-355-5239)

Send your money wherever it's needed, whatever the reason:
Property purchase
accredited business
We've helped customers save $25,000,000.
It's your turn.

Vaughan Currency Exchange Get the Best Rates (1-877-355-5239)

Send your money wherever it's needed, whatever the reason:
Receive money from abroad
accredited business
We've helped customers save $25,000,000.
It's your turn.

Vaughan Currency Exchange Get the Best Rates (1-877-355-5239)

Send your money wherever it's needed, whatever the reason:
Competitive import/export exchange rate
accredited business
We've helped customers save $25,000,000.
It's your turn.
Up to 5x cheaper than banks
Compare our currency exchange rates with all the banks
Over $2B transferred so far.
5-Star
BBB Reviews
70,000 +
Satisfied Customers
FINTRAC Regulated
No. M09819788
AMF Regulated
No. 904210
Trading
since 2009
Best Rate
Guarantee

How we’ve helped clients trade over $200,000,000,000?

Get a no-obligation quote
Call us at 1-877-355-5239 to obtain a free no-obligation exchange rate quote.
Book a transaction
Confirm an exchange rate and receive a trade confirmation receipt confirming all details before you transfer funds.
Transfer Funds
Send funds by online bill payment or bank transfer and converted funds will be sent to your destination same day or next day. We work with all Canadian banks.

How much can you save?

Interbank Equivalent
Current interbank rate: 0.7639
Exchanging with KnightsbridgeFX vs. your bank could save you CAD $ 841.83
KnightsBridge Foreign Exchange Has Been Interviewed by and Featured in
See our latest media interview
“I saved a huge amount…about $3,000 over the bank quoted for U.S. dollars…everything went as smooth as a dream”
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David Newman,
Property buyer, Toronto
“KnightsbridgeFX is an online currency exchange company that seeks to undercut foreign exchange rates offered by larger financial institutions”
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Preet Banerjee,
Columnist, Toronto
“You can save hundreds, if not thousands of dollars”
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Terry Ritchie,
Calgary-based financial planner

Why choose KnightsbridgeFX

couple
Secure
We are regulated by FINTRAC (Government of Canada agency) and have a segregated account at major Canadian financial institution. We are also bonded and insured for $1,000,000.
Fast
We offer same day delivery of funds to your desired destination if booked before bank cut-off.
Best Rate
We guarantee to beat your bank’s exchange rate. Period. In fact, we call the banks every morning to ensure our exchange rates are significantly better. You can save hundreds to thousands of dollars.
Transparent
You’ll get a confirmation of the agreed upon exchange rate in writing before you send funds.
Convenient
Register and book a transaction in minutes and send funds conveniently through any Canadian bank.
Great Customer Service
We understand that fast, efficient, and friendly service makes a difference.

VAUGHAN: Currency Exchange (1-877-355-5239)

When most people seek to exchange currency in Vaughan, their first impulse is most likely to go to the local bank or financial institution. The fact of the matter is, there are so many better alternatives that are more affordable. The Canadian banks and other major financial institutions set up in Vaughan are not optimized for foreign exchange, especially when you consider how many other financial service departments they involve. If you hunt for more affordable foreign exchange options, you’ll likely stumble across a handful of third party services that specialize in currency exchange. These companies tend to offer cheap FX rates, which can lead to massive savings on large transaction amounts (a few thousand dollars or more).

In all honesty, performing money exchange transactions with the bank can be extremely expensive, and you may be paying more than you actually need to. At Knightsbridge Foreign exchange, our customers save an average of 1-2% on their transactions compared to the banks. While this may not sound like much at first, it can add up quickly if you find yourself booking sizeable conversions frequently. This means that you have the ability to save a huge amount, whether you are buying a property, paying tuition, or converting your income back into Canadian dollars. As a responsible business, we believe in full price and rate transparency. To emphasize this point, we have made it our mission to help our customers save as much money as possible by including zero hidden fees in our service. The rate that you are quoted is what you pay for the transfer – that’s all.

Where to Buy US Dollars or Sell Canadian Dollars in Vaughan

No matter what your priorities are for currency exchange, it’s always in your best interest to shop around when looking for the best exchange rate in Vaughan. You should start by calling all of the banks in your area and other FX service providers to find out who is offering the cheapest deal on USD. This, however, can be extremely time consuming and tiresome – especially when you have other responsibilities to take care of. When you call Knightsbridge Foreign Exchange, you are instantly guaranteed the best possible rate from the start.

We do all of the laborious work for our clients so they don’t have to. Every morning we contact various banks and financial institutions around Vaughan and other parts of the GTA and price our rates accordingly. In the vast majority of circumstances, our rates beat theirs because our margins are much lower. Where one bank might charge a markup of 3% over the mid market rate, we’ll only charge a 0.8% markup. If you happen to find a more competitive retail exchange rate during your search, it’s not a problem. Let us know about it and we will be happy to match it for you. The rates that we provide our customers with are all inclusive; and like we mentioned earlier they feature no hidden fees or additional costs. The beautiful thing about KnightsbridgeFX is that what you see is what you get. Let us know which currencies you’re searching for (Canadian and US dollars are the most popular ones) and what value you wish to buy or sell, and one of our customer service representatives will help you out. Our talented team can swiftly provide you with the exact amount you need to either provide or receive in that currency.

 

Save More Money on Currency Exchange by Going Digital

 

One of the basic rules of foreign exchange is that physical cash conversions tend to be more expensive – on average – than electronic conversions. This rule can basically be applied anywhere, it’s not exclusive to Vaughan. While this might seem unfair, it makes a ton of sense from a business perspective. Companies that place an emphasis on in-hand cash exchange have to take the risk of owning that currency in inventory. They cannot immediately “upload” that currency to the world markets and trade it whenever they want, they would have to go to a bank intermediary first. Since there is that additional step before a foreign exchange can trade money, you’ll undoubtedly be faced with either a premium in the exchange rate or a fixed transfer fee.  Luckily, digital third party FX providers in Vaughan have discovered a way to navigate this issue – just remove cash from the process! Nowadays, so many payments are being placed electronically through an online money balance and the trend shows no signs of slowing down.

As a leading provider of exclusively online currency exchange in Vaughan, KnightsbridgeFX avoids doing physical cash exchange because it will save you the premium. In the simplest terms possible, part of the reason why KnightsbridgeFX has such affordable FX rates is because they don’t need to hold storage at brick and mortar walk-in branches. As an even more efficient alternative, any US/Canadian dollar conversion you place with KBFX will go straight to a receiving bank account. While this might initially sound negative, since you don’t get to receive physical cash, the savings on large transactions are hard to pass down. It’s also not recommended to go to a foreign exchange building and walk out carrying bags with thousands of dollar bills. The reasoning there is pretty obvious; secured digital transactions are less likely to compromise your personal safety. Simply by transacting with KnightsbridgeFX, you’re getting a currency exchange service that is both more discrete and more affordable. The best part of it all is, you can still access your money in cash once it’s been wired to an account. There’s typically no holding period, funds should be accessible as soon as they arrive – although you may want to check with your individual bank’s policy on this. Some banks also charge cash withdrawal fees depending on the circumstances, but that cost won’t come from us.

 

Why You Should Make the Switch

 

KnightsbridgeFX proudly stands by the belief that all of our customers deserve the most competitive exchange rates out there. You should constantly be searching for the best price whenever you wish to switch to US dollars, because cost is ultimately the deciding factor. Foreign exchange, at its core, is a commodity service – while there are some differentiating aspects from one company to another, lower cost is king. With that said, convenience is still an important consideration to make. In some cases, it may eve outweigh the importance of cost. When transacting small amounts you would be correct to value convenience over cost. If you’re only exchanging a couple hundred dollars or less, a slightly improved exchange rate will only save you a few bucks. Sometimes you just want to book a quick conversion without thinking too much about it. However, if you truly want the highest propensity to save on FX, you’ll need to sacrifice a marginal amount of convenience.

A Very Brief Description of Vaughan, Ontario

The city of Vaughan, located in the Ontario region of York, was recently pronounced the fastest growing municipality in Canada between 1996 and 2006 with a population growth rate of 80.2% during that period. The area was once home to roughly 2000 Huron natives in the sixteenth century and saw little population growth until World War II boosted immigration with the arrival of many cultures including Italians, Jews, and Eastern Europeans.

Notable features within the city limits include education centers such as York University, which lies on the border of Toronto and Vaughan, and hosts over 43,000 students through 10 different faculties. In addition, Vaughan is also home to many notable people such as Elizabeth Arden, founder of the Cosmetic Company Elizabeth Arden, and Russell Peters, an internationally recognizable comedian. Interestingly, Vaughan is home to the Seed-Barker archaeological site, where more than a million artifacts were discovered and excavated by U of T Professor Norman Emerson circa 1950, that revealed remnants of an Iroquois village which occupied the land from 1500-1550 AD.

LESSER KNOWN TRIVIA BITS ABOUT VAUGHAN, ON

  • Vaughan is actually officially made up of 5 major communities: Woodbridge, Concord, Thornhill, Maple, and Kleinburg
  • Vaughan is the largest Canadian metropolitan city without its own General Hospital
  • Canada’s Wonderland, the biggest and most notable theme park in the country, is situated within Vaughan
  • Famous Canadian artist Franklin Carmichael was from Vaughan
  • Golden State Warrior’s small forward Andrew Wiggins went to high school in Vaughan

 

To find other cities serviced by Knightsbridge please visit the Currency Exchange in Canada page.

Best Currency Exchange Rates in Vaughan

Best USD Exchange Rates in Vaughan

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