“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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Confirm an exchange rate and receive a trade confirmation receipt confirming all details before you 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.
CLARENCE-ROCKLAND: Currency Exchange
If you’re taking a vacation and need a reliable provider of currency exchange in Clarence-Rockland, it is important to know there are options other than just your bank. You’ll definitely want to explore these options if you want a chance at finding best USD exchange rates in Clarence-Rockland, or the best foreign money exchange rates in Clarence-Rockland. Knightsbridge Foreign Exchange is the service we recommend since it is easy to use, responsive, and has the best currency exchange rates in Clarence-Rockland.
Every alternative currency exchange provider can be placed in one of three groups when looking for currency exchange in Clarence-Rockland. The options essentially range from banks to independent brokers and currency exchange franchises. Each one naturally comes with their own group of pros and cons that determine how they fit each particular customer. Banks are the most commonly used option because of the comfort and familiarity they bring, but they don’t offer you the best USD exchange rates in Clarence-Rockland or the best foreign money exchange rates in Clarence-Rockland. With an independent broker though, you’re more likely to get closer to the rate advertised on TV, but you trade away the security and comfort you’d immediately receive at a bank. Some people prioritize convenience over their exchange cost, but most individuals are typically seeking the best rates. In order to get the optimal balance of convenience and cost for your currency exchange, look towards using Knightsbridge Foreign Exchange.
A lot of people may want to do their currency exchange in Clarence-Rockland at the airport, mainly because it feels convenient and easy. This can be a good idea, but not one that is ideal if your goal is to get the best USD exchange rates in Clarence-Rockland or the best foreign money exchange rates in Clarence-Rockland. Ottawa Macdonald-Cartier International Airport is the nearest airport to Clarence-Rockland, and like other major airports it overcharges their businesses. After all, setting up shop in an airport is very expensive and you’re almost guaranteed foot traffic. As a result of these higher than average rent fees, the airport brokers need to increase the markup on their exchange rates in order to turn a profit. This means that you’ll be very far from the best currency exchange rates in Clarence-Rockland if you choose to exchange at the airport. Most people exchanging at the airport are last-minute customers or people who only worry about convenience.
When you’re in town, you might run across a public exchange kiosk for currency exchange in Clarence-Rockland. These are generally found in highly circulated areas like shopping malls, notable tourist areas and major hotel chains. Seeing as these establishments are physical retail locations, the exchange services do still have expenses to consider when it comes to their exchange rate markups. That means you won’t likely have the best USD exchange rates in Clarence-Rockland or the best foreign money exchange rates in Clarence-Rockland in common currency conversion zones. Now, for independent exchange brokers it is crucial to make sure you look further into the ones you don’t know. Make sure they are a legitimate business and upstanding organization. One thing you can check is very easily is if they require the input of personal identification. If they do it doesn’t automatically clear them, but if they don’t it’s a clear sign of an untrustworthy or illegitimate brokerage. Even if they’re offering the best currency exchange rates in Clarence-Rockland, it’s not worth it if you can’t trust them with your personal information.
For currency exchange in Clarence-Rockland, the most frequently used providers are the major Canadian banks. Banks don’t offer the mid market rate that you would typically see on the news or online, instead they add a markup of about 3% to most rates, keeping them from providing the best currency exchange rates in Clarence-Rockland. They’re able to do this because they know they don’t have to compete with other providers as this isn’t their main revenue source and they have most of the consumer base anyway. This means they can confidently markup their rates far above the best USD exchange rates in Clarence-Rockland and the best foreign money exchange rates in Clarence-Rockland. Avoiding the bank’s currency exchange rates can save you a lot of money and should definitely be considered when deciding how to exchange your currency.
Both exchange franchises and independent brokers are always looking for ways they can bring in new customers for currency exchange in Clarence-Rockland. A couple of those ways are to offer delayed payment plans on their transactions or to lower the given rate based on how much is being exchanged. At Knightsbridge Foreign Exchange, our top priorities are to offer our customers both the best USD exchange rates in Clarence-Rockland and the best foreign money exchange rates in Clarence-Rockland. We’re able to do that based on the cost-efficient business model we’ve built. Knightsbridge FX doesn’t have any physical retail stores, instead everything we do takes place in an online space operated by electronic funds. This gives us a high degree of flexibility in terms of who we can service and keeps our expenses much lower than exchange providers who do have stores. As a result, we can offer you the most ideal currency exchange process in Clarence-Rockland.
One thing we see at Knightsbridge Foreign Exchange fairly often is that our customers save about 1-2% on exchange compared to the leading banks, credit unions, and retail foreign exchanges in Clarence-Rockland. For those who need to exchange high volumes, such as international businesses or anyone making a major purchase in another currency, you will find that our rates makes a ton of difference. If you exchange $100,000, Knightsbridge Foreign Exchange could save you $2,000 outright, just because of a better exchange rate. And we don’t just offer the best USD exchange rates in Clarence-Rockland and the best foreign money exchange rates in Clarence-Rockland, but the easiest and most convenient process. If you need to see it first-hand, then the easiest thing you can do is call us and the bank back-to-back to get a rate on the same currency exchange. That will show you directly that Knightsbridge FX has the best currency exchange rates in Clarence-Rockland.
Clarence-Rockland is a small city just east of Ottawa with a population of about 24,000 people. It officially became a city as of January 1st, 1998 and due to its proximity to Ottawa it is an official part of the National Capital Region. The median family income in Clarence-Rockland is around $88,000 which is much higher than the national average. Since Clarence-Rockland is not a big city, we can assume that it is a great retirement community for affordable property near Ottawa. The city is also officially bilingual, where almost 70% of residents identity french as their main language. This statistic means that Clarence-Rockland is the largest francophone-majority establishment in Canada, outside of Quebec.
Here at Knightsbridge Foreign Exchange we know what it means to have an affordable exchange provider you can count on, and that’s why we take pride in being exactly that. To see what we’re all about, call us at 1-877-355-5239 for a no-obligation quote and a walkthrough of our process. Applying online is an option too and it only takes a few minutes!
To find other cities serviced by Knightsbridge please visit the Currency Exchange in Canada page.