“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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AMHERSTBURG: Currency Exchange (1-877-355-5239)
Have you decided to buy a second home overseas and are wondering how to go through with the process financially? In many cases, the intermediaries involved in acquiring foreign real estate for you will offer to exchange your Canadian dollars at their provided rates. While this sounds great, since it removes the hassle of currency conversion from your responsibilities, the rate they provide is usually not very competitive. Alternatively, you could go to your bank to convert dollars, but that wouldn’t get you the best foreign money exchange rates in Amherstburg. Where you go for currency exchange in Amherstburg can mean a lot in terms of how much you’ll be spending. If you’re willing to go the extra mile and using an online-only exchange, you can get a rate that will potentially save you thousands of dollars on your exchange. At Knightsbridge Foreign Exchange we’re aiming to provide everyone who needs to exchange their money with the most favourable currency exchange rates in Amherstburg.
When you’re looking for a reliable currency exchange provider in Amherstburg, there is a range of options available to you. Generally speaking each foreign exchange option tends to fall into one of three categories: independent brokers, exchange franchises and major Canadian banks. Each one individually comes with their own array of positives and negatives for potential customers to explore, that way you can decide what’s best for your specific needs. If you want to leverage a familiar financial relationship, then you can stick with your bank at a higher exchange rate. Just know that in the currency exchange market, convenience comes at a price. If you want the best foreign money exchange rates in Amherstburg you will have to try using more competitive FX providers. If you’re exchanging large sums of money and wish to get the lowest exchange rate, an independent broker may be best for you. For the easiest and most advantageous way to exchange your currency, along with the best currency exchange rates in Amherstburg, then Knightsbridge Foreign Exchange is a great choice.
If you’re thinking you’d rather wait until you get to the airport to exchange your Canadian dollars then you should be prepared to receive some of the most inflated currency exchange rates in Southern Ontario. Amherstburg is unfortunately pretty far for boarding planes in Canada, where the nearest international airport is in Detroit about 64 km north, and the nearest Canadian international airport is about 217 km away at London International Airport. The reason you’re so unlikely to get the best currency exchange rates at an airport is because they charge a ton of rent and other costs to retail spaces inside. With operational expenses running so high just to continue doing business, airport exchange providers will mark up their rates unfavourably. They ultimately rely on last-minute customers and on those seeking to eliminate an extra trip for currency exchange from Amherstburg.
While you’re exploring out around town you may find public kiosks for currency exchange in Amherstburg in locations like shopping plazas, relevant tourist areas and hotels. You also have a good chance of finding these establishments close to the Detroit River. These locations may be smaller, but they’re still physical retail locations which come with standard storefront costs like rent or government fees. That means their overheads are higher and as a result they generally don’t offer have the best foreign money exchange rates in Amherstburg on any type of currency. If you’re looking for different independent brokers to use, it’s important to do your research and make sure they’re a broker you can trust. One of the first things you should check is to see if they require identification. If they don’t, then you’ve caught them breaking a government regulation. Even if a currency exchange company claims to offer the cheapest currency conversions in Amherstburg, it’s not worth jeopardizing your financial security and personal information.
Banks find themselves owning the majority of the market share for currency exchange in Amherstburg, but that doesn’t necessarily mean that banks are the best option for currency exchange. See, banks don’t typically provide the best foreign money exchange rates in Amherstburg because they know they’ll continue to bring in a lot of customers regardless. Without the need to be competitive on pricing, they can mark-up their rates by quite a bit (around 2% to 3%) which makes for a huge loss in savings potential. This certainly would lead to the banks status as not having the best currency exchange rates in Amherstburg.
Exchange franchises and independent brokers alike are always in search of ways they can bring in new customers for currency exchange in Amherstburg. Some of the methods they choose to offer are installed or delayed payment plans, and the lowering of rates based on how much you’re exchanging. In other words, smaller currency conversion specialists are doing whatever they can to compete on the market. The companies that succeed tend to put the customer experience first by giving them bountiful opportunity to save money. Most of these deals can help quite a bit, especially if you can’t quite offer the best foreign money exchange rates in Amherstburg. At Knightsbridge Foreign Exchange, we operate entirely online which keeps our overhead low and our customer satisfaction high. Operating as a “lean” online foreign exchange gives us the opportunity to pass those savings to you by offering very affordable currency exchange rates to residents of Southern Ontario.
The one accomplishment we’re proud of more than anything is that Knightsbridge FX customers save about 1-2% on their exchanges over customers of major Canadian banks and retail exchange franchises. That’s why when we declare to have the best USD and international currency exchange rates in Amherstburg we truly mean it. For exchanges of $100,000 or more, you could save $2,000 just by making us your primary service provider. If you don’t believe us, check us out on Google Reviews – we have dozens of real customer testimonials that rate us highly! We strongly suggest that you reach out to us for a quote, and then call your main bank for a quote on that same currency. That comparison alone should show that we provide the best currency exchange rates in Amherstburg.
Amherstburg is a small town of about 22,000 that is situated near the Detroit River in southern Ontario. Fort Malden was established there in 1796 which has since been designated a National Historic Site. The Amherstburg locale played a vital role in its location across the Detroit River right before the American Civil War happened. As the end of slavery became a major talking point in our southern neighbor country, many African-Americans crossed the river into Fort Malden to escape their hostile treatment in the United States. This migration of freedom took place during the Underground Railroad historical event leading up to the civil war.
Anyone who has to exchange their currency often knows the value of having a reliable currency exchange provider. We strive to be your primary provider at Knightsbridge Foreign Exchange and invite you to see our prices first hand. Call our toll free number at 1-877-355-5239 and allow one of our representatives to guide you through our process. During your discussion, feel free to ask for a no-obligation exchange rate quote. If online transactions are more your style, you can fill out our online web form application in just a few minutes.
To find other cities serviced by Knightsbridge please visit the Currency Exchange in Canada page.