“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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BELLEVILLE: Currency Exchange (1-877-355-5239)
Are you planning a recreational or business getaway from Canada for a while? Looking to take a trip to Europe, Asia, Africa, South America, or just south of the border? If so, you’ll need the best foreign money exchange rates in Belleville to get your cash without paying more than you have to. Typically offshore trips can cost you several hundred to a few thousand dollars when you consider all the payments you’ll be making. Remember that your spending doesn’t stop once you’ve bought your plane ticket! Once you arrive at your destination, you’ll surely make payments for overnight stays, food, entertainment, and other basic needs. It’s important not to underestimate just how much foreign cash you would need abroad.
Our goal at KnightsbridgeFX is to raise your awareness of better currency exchange alternatives out there. Digital currency conversion specialists are a fairly new concept to the foreign exchange industry, so they are not as well-known as the big Canadian banks. With that being said, most competitive foreign exchange deals in Belleville can be found with these smaller companies online. Traditionally, the default way of thinking used to be that banks and credit unions are the best places to go for currency exchange in Belleville. Nowadays with the advantage of the World Wide Web, there are numerous beneficial alternatives. Independent foreign exchange specialists like KnightsbridgeFX will guarantee rates that are better than your bank. In fact, you’ll find that banks are a long way out from offering Belleville’s most competitive money exchange deals. We suggest checking out Knightsbridge Foreign Exchange for an easy fund transfer process and the cheapest guaranteed currency exchange rates in Belleville.
When seeking a foreign exchange location in Belleville, it’s important to consider the details behind your currency conversion inquiries. Do you know what your ultimate goal is for currency exchange in Belleville? Such as, how soon you need the money by, how affordable it should be, and whether you’re exchanging large or small amounts. Once you’ve narrowed down the reasons behind your desire to exchange money, you can start looking through the available options in Belleville. There are numerous providers located throughout the city, but they all effectively place in one of three categories: banks, independent providers and exchange franchises.
Each of these categories has their own set of pros and cons that you can read about to find the service that best suits your needs. To give you a quick rundown of what the foreign exchange market looks like, banks will inevitably offer the most convenience and comfort, but you’ll lose the potential of getting the best foreign money exchange rates in Belleville. You’re more likely to find cheaper dollar exchange at smaller independent companies, but you’ll be losing some of that guaranteed convenience because of the additional paperwork. Fortunately, there is a way for you to get the perfect blend of cost and convenience on foreign exchange and international money transfers. And that way is to utilize KnightsbridgeFX for your currency conversion needs.
You’ll find that if you plan on leaving your currency exchange to the last minute, the closest airport to Belleville is the Toronto Pearson International Airport. Typically if you’re looking to travel overseas from southern Ontario you’ll be primarily using this airport to book flights. Regardless of how many times you travel per year, you may be thinking of waiting until you get there from Belleville for your flight to do your currency exchange. While you can definitely do that if it’s convenient on small amounts, you’d be losing out on getting the most favourable exchange rates from back home in Belleville.
Airport providers (among other retailers inside an airport) are paying incredibly high fees for their rent which makes it difficult for them to offer any competitive rates. It’s not enough that these businesses pay the ridiculously high costs to lease retail space in an airport, but they must also earn some profit to stay afloat. Airport foreign exchanges have to markup their rates substantially to cover the losses and it prevents them from providing the cheapest foreign exchange in Ontario.
While driving around the city limits or even as far west as Trenton, you may notice there are some smaller kiosks around for currency exchange in Belleville. These locations can be convenient to use as they’re usually located in areas where you’ll find a lot of foot traffic like shopping malls, tourist attractions and hotels. These are all typically walk-in brick and mortar establishments, which means that you may disappointed if you’re hoping to find the most favourable exchange rates in Belleville.
If you’ve decided that you want to try using an independent broker, be sure to look them up and see if you can trust them. One easy thing you can check is if they require some personal identification documents from you. That’s a regulation set out from the Canadian government’s financial boards, and while it may seem threatening it’s a much more serious issue when a foreign exchange avoids asking you for I.D.
If you’re ever about to do business with a currency conversion company that doesn’t properly verify your identity, you should stay far away. These companies may advertise really great exchange rates in Belleville, and the offer will certainly look tempting, but they are operating without proper regulation. In other words, exchanging with just any company can put you and your funds at risk.
Whether or not they actually provide fair currency exchange prices, banks are the most commonly used provider of currency exchange in Belleville. In the vast majority of cases, banks don’t compete on price when it comes to foreign exchange because they rely on customer loyalty. They tend to inflate their rates much higher than the mid market base rate, at a markup of around 2% or 3%.
Even though this may not sound like much, on a $10,000 conversion it represents the difference between saving and losing an extra $300. Because banks and other large financial institutions know they don’t have to compete with other retail exchange providers for market share, they take advantage of the situation by keeping prices high. In order to find much better currency exchange deals in Belleville, you should avoid the big Canadian financial institutions in favor of online providers.
Brokers and franchises of currency exchange in Belleville know they need to offer a variety of ways to entice customers to use them instead of other providers or the banks. At this current moment in time, getting people to switch to independent exchanges is a matter of raising awareness. There are great currency conversion alternatives out there as long as you’re open to them.
These third party companies have found groundbreaking exchange platforms that allow delayed or installed payments on conversions and lowering exchange rates based on the amount exchanged. They are designed to make them a more desirable destination for currency exchange in Belleville, especially if they can also provide the cheapest rates with their service. Here at Knightsbridge Foreign Exchange, our standout feature is an online-based business model that allows us to provide you with the best USD exchange rates in Belleville along with the most affordable foreign money exchange rates in Belleville. With our overhead costs set extremely low, we can afford to pass down our great prices down to you. Most importantly, we have the best currency exchange rates on popular denominations guaranteed – if you find a better retail rate in Belleville we will match it for you.
We continue to say we have the best foreign money exchange rates in Belleville because it isn’t just a slogan, it’s the truth. Our customers save an average of 1-2% per transaction over the leading providers of currency exchange in Belleville. If you were exchanging $100,000 then you’d save $2,000 just simply by transacting with Knightsbridge Foreign Exchange. Since we believe in full rate transparency, any quotes you’re given from us over the phone will be timely and accurate. Call us for an exchange rate, and then call your bank right after or another provider to confirm that we have the best currency exchange rates in Belleville.
Belleville is a city of about 103,000 residents that is located off of Highway 401 along the Quebec City-Windsor Corridor. The city’s shorelines are established around the Bay of Quinte which extends all the way to Trenton, Ontario. Belleville was originally the site of an Anishnaabe village, before becoming a settlement of the United Empire Loyalists. It was given the name Belleville in 1816 after Lady Arabella Gore. When the town was initially incorporated back in the mid 19th century, Belleville was a prospering area for lumber production and agriculture. Today, Belleville is a city most known for its large scale manufacturing facilities for companies like Kellogg’s, P&G, and Black Diamond cheese.
Anyone regularly exchanging currency wants to have an affordable and reliable exchange provider, and we hope to be that at Knightsbridge Foreign Exchange. We want to show you how simple it is, so we hope you’ll call us at 1-877-355-5239 and let us take you through the process with a free no-obligation quote. You can also apply online and be done in no time!
To find other cities serviced by Knightsbridge please visit the Currency Exchange in Canada page.