EDMONTON: Currency Exchange (587-405-4049)

With the rapidly increasing concept of globalization, the world is getting smaller and smaller. Countries and other world powers are doing more international trade and travel than ever before in history. Thanks to a more interconnected world, Canadians have closer ties to France, England and other regions of Europe, but at the end of the day our neighbor to the South is still our most important trading partner. Therefore, being able to exchange Canadian Dollars to US Dollars at the best possible rate is crucial for most Canadian individuals and businesses.

Getting the best currency exchange rate historically involved a lot of shopping around and caused big issues. Foreign money conversions continue to present themselves as a large expense for businesses and individuals alike. Whether you are seeking to change the currency for commercial reasons, real estate investment, solo travel, or offshore education, getting the best rate is crucial.

In the vast majority of cases, the big banks often don’t usually give out the best rates to their retail clients. Banks have high overhead expenses along with tons of infrastructure, administration and legacy costs. In other words, they use the profits derived from their currency exchange platform to subsidize other parts of the business. However, as a consumer, you should find the best place to exchange your money, which doesn’t always mean find the biggest one. KnightsbridgeFX provides the lowest rates of any institution in Edmonton. While some banks are offering rates at a whopping 2.6% markup and more on US dollars, KnightsbridgeFX markups are typically only 0.5% to 0.8%.

Places Where You Could Exchange Currency in Edmonton

If you are looking to exchange CAD for other tradable currencies, Edmonton has numerous options that you can choose from. Whether you are looking to book a cash exchange for an upcoming trip, or just looking for the best exchange rate (Canada to the US), there is an option out there for you. Given this knowledge, it’s imperative that you do a little bit of your own supplementary research. The majority of Edmonton money exchanges are located at the city’s main points of interest, such as airports, train stations, shopping malls, and hotels. If you’re an Edmonton resident whose only concern is finding the most convenient exchange, you could simply perform all of your FX-related duties at your primary bank. Our services are not limited to Edmonton alone. We also offer the best exchange currency in Laval and the surrounding areas.

How to Optimize Your Currency Exchange in Edmonton

In order to compare different rates properly, call all the local banks that you’re familiar with in your region. As a baseline, you could use a test case of $1,000 Canadian dollars. Ask each bank how many US dollars they will provide you in exchange for your denomination in Canadian dollars. Without having to do much calculation on your part, the bank that provides the most USD on your CAD provides the best rate. By doing this, you’ll start to notice that banks usually fare very poorly in comparison to the rates of KnightsbridgeFX.

For those that are interested in using our services to get the lowest possible rate, simply start by filling out the form on our Get Started page and we’ll take it from there. Don’t forget that we have a best exchange rate guarantee – if you find a US dollar rate that is better than ours we will beat it!

Please contact us by phone at 1-877-355-5239 for a no-obligation quote on your currency exchange. One of our friendly consultants will walk you through the entire process to completion. In addition, you may also fill out the form on this website and we will contact you about how our services work.