“I saved a huge amount…about $3,000 over the bank quoted for U.S. dollars…everything went as smooth as a dream”
Florida Property Buyer interviewed by the Toronto Star
“You can save hundreds, if not thousands of dollars”
Calgary-based financial planner who specializes in cross-border financial issues.
“KnightsbridgeFX is an online currency exchange company that seeks to undercut foreign exchange rates offered by larger financial institutions”
columnist, for the Globe and Mail
“KnightsbridgeFX is “the costco’s of foreign exchange”
Financial Advisor quoted in the Globe and Mail
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If you are travelling and looking to exchange physical cash in Abbotsford there are a number of different places that you can go. Many retail vendors around the city specialize in these transactions, so they might be your best bet. However, retail vendors are usually located in busy city centers such as airports, train stations or shopping malls. This means their overheads are incredibly high, resulting in inflated rates. Your other option is to go to your local bank. You might be able to find more favorable rates here when looking to exchange physical cash; however banks too have high overheads so you might run into a similar problem. The key is to shop around in order to find the best rate. Physical cash exchange is always more expensive than electronic cash exchange, so try to buy in large amounts to take advantage of better exchange rates.
If you don’t need physical cash, and are looking to transact an amount higher than $5,000 than Knightsbridge Foreign Exchange is the place for you.
There are many different types of financial institutions that offer currency exchange services in Abbotsford. The primary factors to be considered when exchanging funds are convenience and cost. Finding a service that meets your needs from both a convenience and cost perspective is essential. Foreign exchange services can be found in Abbotsford at the hotels, exchange kiosks, brokers, as well as local bank branches. The benefits of conducting your exchange at each of these venues will be detailed below.
You could potentially find international currency exchange services in Abbotsford at one of the many hotels located in the area. The Ramada Hotel, located in Abbotsford, is one of the more popular locations. It is located in close proximity to both the airport, and the amusement park, making it a popular choice. Another option is the Sandman Hotel & Suites, which offers free shuttle to the airport and is located close to the Abbotsford Centre Arena. You can potentially find cash exchange at either of these locations.
Foreign currency exchange can be found in Abbotsford at a variety of kiosks as well. One such operation is the BC Currency Exchange Inc. in Abbotsford. They offer a variety of cash exchange rates, and are focused largely on travel. They offer locations in Surrey, White Rock, and now Abbotsford. Western Union can also be used if making cash withdrawals/exchanges.
A number of credit unions, as well as all of the big five Canadian banks, have a presence where an individual can conduct money exchange in Abbotsford. However, most banks and deposit institutions mark up their retail FX rates heavily, and will therefore not offer the cheapest US exchange rate. RBC, TD, BMO, Scotiabank, and CIBC will all offer exchange services, and you can view the exchange rates they offer right on your computer. If you are exchanging an exotic currency, using your bank might be the best option, provided you call in to ensure they have the currency in stock.
If you’re looking for the cheapest way to buy and sell US dollars, using a specialized foreign exchange broker would be the optimal choice. Specialized brokers operate with low costs, as they don’t carry the costs of stocking physical cash on-hand. You will receive the best exchange rate from Canadian to US dollars with a specialized currency exchange broker, especially on larger amounts as the savings compound.
When exchanging large sums, it is always advisable to contact a specialized broker to get a rate quote. KnightsbridgeFX offers a best rate guarantee, which ensures you get the best exchange rate on your transaction, so you can use the service with confidence.
Travel currency exchange is located in the Seven Oaks Mall, and it is a retail outlet for currency conversion, where clients can buy and sell. In Abbotsford, the Seven Oaks Mall is a common destination, so this location could be convenient for small cash currency exchanges. If you are in the area, you can read reviews about Seven Oaks Travel Currency Exchange and decide whether it is a viable option for your exchange transaction.
In the Guildford Town Centre, you can exchange currency at the Thomas Cook Foreign Currency located there. If you are in the area and looking for a physical cash exchange, this could be a convenient option for you.
When contemplating where to exchange funds, the two primary considerations will be convenience and cost. Generally speaking, the larger the amount you wish to exchange, the more important the exchange rate becomes, as it works on a percentage basis. For small exchanges, convenience plays a large factor, so a convenient location would be the better place to do your exchange. For the best exchange rates, a specialized foreign exchange broker should be the choice.
At Knightsbridge Foreign Exchange our goal is to save you as much money as possible on your exchange transactions. Our rates are extremely competitive, and are on average 1-2% better than the leading banks and financial institutions. This means huge savings whether you are buying a property south of the boarder, paying tuition fees abroad, or just simply converting large amounts of money back into your local currency. At KBFX we believe in full transparency and have no hidden or additional fees to the rates which we give you. What you see is what you get. After getting a free, no obligation quote, you just have to tell us whether or not you want to book a deal. If you agree, we will then send you a confirmation in writing before any funds are actually sent. We’ll take care of the rest and offer same day delivery of your funds if booked before bank cut-off. What are you waiting for? Call us at Knightsbridge and get the best currency exchange rates in Abbotsford.
As the fifth-largest municipality of British Columbia, Abbotsford is a city located in the Lower Mainland Region of British Columbia. It has been named by Statistics Canada as the most generous city in terms of donations for nine straight years and has the third highest percentage of visible minorities in Canada after the Greater Toronto Area. Abbotsford’s development was in response to the Gold Rush along Fraser River in 1858 and today has grown to a city that employs 62% of its residents in the agriculture, transportation, manufacturing, and retail industries. Success is evident in its agricultural sector having earned the highest dollar per acre of agricultural land in the country. However, crime continues to be a problem as it has the highest property crime rate and second highest violent crime rate for Canadian cities in its size category.
To find other cities serviced by Knightsbridge please visit the Currency Exchange in Canada page.