Kelowna Currency Exchange Get the Best Rates (1-877-355-5239)

Send your money wherever it's needed, whatever the reason:
Pay international student tuition fee
accredited business
We've helped customers save $25,000,000.
It's your turn.

Kelowna Currency Exchange Get the Best Rates (1-877-355-5239)

Send your money wherever it's needed, whatever the reason:
Property purchase
accredited business
We've helped customers save $25,000,000.
It's your turn.

Kelowna Currency Exchange Get the Best Rates (1-877-355-5239)

Send your money wherever it's needed, whatever the reason:
Receive money from abroad
accredited business
We've helped customers save $25,000,000.
It's your turn.

Kelowna Currency Exchange Get the Best Rates (1-877-355-5239)

Send your money wherever it's needed, whatever the reason:
Competitive import/export exchange rate
accredited business
We've helped customers save $25,000,000.
It's your turn.
Up to 5x cheaper than banks
Compare our currency exchange rates with all the banks
Over $2B transferred so far.
5-Star
BBB Reviews
70,000 +
Satisfied Customers
FINTRAC Regulated
No. M09819788
AMF Regulated
No. 904210
Trading
since 2009
Best Rate
Guarantee

How we’ve helped clients trade over $200,000,000,000?

Get a no-obligation quote
Call us at 1-877-355-5239 to obtain a free no-obligation exchange rate quote.
Book a transaction
Confirm an exchange rate and receive a trade confirmation receipt confirming all details before you transfer funds.
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. We work with all Canadian banks.

How much can you save?

Interbank Equivalent
Current interbank rate: 0.7639
Exchanging with KnightsbridgeFX vs. your bank could save you CAD $ 841.83
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“I saved a huge amount…about $3,000 over the bank quoted for U.S. dollars…everything went as smooth as a dream”
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David Newman,
Property buyer, Toronto
“KnightsbridgeFX is an online currency exchange company that seeks to undercut foreign exchange rates offered by larger financial institutions”
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Preet Banerjee,
Columnist, Toronto
“You can save hundreds, if not thousands of dollars”
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Why choose KnightsbridgeFX

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Secure
We are regulated by FINTRAC (Government of Canada agency) and have a segregated account at major Canadian financial institution. We are also bonded and insured for $1,000,000.
Fast
We offer same day delivery of funds to your desired destination if booked before bank cut-off.
Best Rate
We guarantee to beat your bank’s exchange rate. Period. In fact, we call the banks every morning to ensure our exchange rates are significantly better. You can save hundreds to thousands of dollars.
Transparent
You’ll get a confirmation of the agreed upon exchange rate in writing before you send funds.
Convenient
Register and book a transaction in minutes and send funds conveniently through any Canadian bank.
Great Customer Service
We understand that fast, efficient, and friendly service makes a difference.

KELOWNA: Currency Exchange (Call 1-877-355-5239)

If you’ve ever wondered where the best place is to trade your Canadian dollars to US dollars in Kelowna, you’re not alone. Truthfully, most individuals often find it difficult to know exactly where to go for optimal price points. The global foreign exchange market is constantly fluctuating and therefore converting your funds may seem like a confusing or complicated task. Due to extensive trading and interwoven global economic conditions, exchange rates can change in value all throughout the day, making it hard to efficiently time an uptrend or downtrend. The reality is, there is no way of predicting exactly which direction the market will go; even analysts perform market forecasts with a great deal of uncertainty. Luckily there is a way to ensure that you are always receiving the most competitive rate in Kelowna, regardless of what price the dollar is sitting at.

What to Consider Before Exchanging Money in Kelowna

At Knightsbridge Foreign Exchange, we understand the difficulties and hidden costs that can arise during the currency exchange process. That is why we do everything in our power to help our customers complete their transactions as smoothly as possible with fully transparent rate quotes. At KBFX we do a periodic comparison of all leading banks in Kelowna in order to ensure that our rates are more competitive. We offer all of our retail customers a guaranteed better rate than the banks as long as they’re willing to transact $2000 or more – that is the only requirement. Higher transactional volumes allow us to tap into more favorable rates, which we can then pass on to you. If you’re worried about currency prices rising and falling throughout the day, we also offer the ability to lock in a rate for peace of mind. If you set a target price that you’re anticipating, we will only exchange your funds when the market hits that exact rate. The reason we perform daily due diligence and constantly scan the market is so you don’t have to. Think of us like a one-stop shop for your foreign money exchange needs!

In order to get started all you have to do is register for an account with us. This can be done by filling out a form online, or you could have one of our representatives complete it by phoning in. Our support staff will be happy to walk you through the entire process. After registering, let us know which currencies and dollar amount you wish to exchange, and we will send you a written confirmation before any funds are actually placed in transit. Once you approve and agree to the going rate, we will take care of everything else. For the rest of the day you can rest easy and wait until your funds get directly deposited into your account. Feel free to call us anytime for a complimentary quote on our services with absolutely zero obligations to buy. KnightsbridgeFX proudly stands by their free wire transfer policy and never includes any hidden fees to your order.

Kelowna’s Foreign Exchange Opportunities

Since Kelowna is situated close to the United States border with British Columbia, the demand for Canadians purchasing and selling US dollars in Kelowna is quite high. Luckily, there are a number of really effective options for swapping between the neighboring dollars within the city’s limits. We’ll take a look at some of these different options and compare the best rates between them. It’s important to understand the details of each foreign exchange, since each one features its own various pros and cons. Don’t forget that many Canadian businesses (typically ones close to the border) accept US dollars in cash, but the exchange rate that they give you is generally very poor. It’s always best to trade into Canadian dollars beforehand if you want to maximize your savings.

Using the In-House FX Services at Kelowna Hotels

Kelowna is a prominent tourist destination for those visiting Canada from south of the border. Kelowna even receives travelers from around the world due to its many natural attractions and its beautiful location on Okanagan Lake. To accommodate all these tourists, the city has a plethora of hotels and other forms of temporary vacancies. A large number of these hotels also provide an in-house currency exchange service. Amongst these, the most popular hotels in Kelowna include the Delta Kelowna, the Accent Inn Kelowna, the Sandman hotel Kelowna, the Kelowna Inn and Suites, and the Comfort Inn Kelowna. The city also boasts three hotels that are rated 4 stars; these are the Delta Grand Okanagan Resort & Conference Centre, the Royal Private Residence Club, and the Bellasera. All of these hotels provide an on-site cash exchange service with competitive rates for their guests. If you’re staying at any of these hotels, these are convenient options for smaller volume transactions. Although you don’t technically have to be staying at any of these hotels to use their currency exchange services, we only recommend using them to exchange a couple hundred dollars or less. No matter how good an exchange rate may seem, generally there’s a premium hidden in the markup whenever you receive physical cash.

Lake City Casino Exchange

One of the major tourist attractions in Kelowna is the Lake City Casino. Even though it is frequented by Americans, the casino only accepts Canadian dollars, so you’d have to swap any USD before you could gamble. They purposely set up cashier clerks that will exchange your US dollars for you in order to profit off the transactions. Fortunately, the casinos usually have amongst the best physical cash exchange rates in the whole city of Kelowna. Even if you’re not looking to play at the casino, you can take advantage of their more favorable rates, especially if it’s a short walk from the hotel. Since most visitors are tempted to spend the money on site, they aren’t as worried about their FX profit margin.

Kelowna International Airport FX Booths

Due to its geographical location and its activity of inbound and outbound flights, Kelowna has its own international airport. While the airport is not anywhere as large as the Vancouver International or Toronto’s Pearson, it does provide many of the same services. Unfortunately, this airport – unlike most airports – does not offer currency exchange within any of its terminals or facilities. Fortunately there is a Four Points Currency Exchange nearby Sheraton Kelowna Airport hotel that is located right across the street. The lack of an in-house FX option at the hotel itself might be a logistical inconvenience, but it’s actually a blessing in disguise when considering the rate markups you’re avoiding. Given the number of options within close proximity, it’s not really too much of a hassle. The only time it may be an issue is if you’re about to board your flight and need a last minute conversion.

Traditional Canadian Banking in British Columbia

Banks are among the most popular choices for exchanging money, primarily because people aren’t generally aware of better alternatives. Since most Canadians bank with the Big Five Banks (which comprise of RBC, TD Canada Trust, BMO, CIBC and Scotia Bank) there is a large presence of them in Kelowna. In addition to these banks with long-standing national roots, there is also HSBC, the Business Development Bank of Canada (BDC), and the Canadian Western Bank. There are also a number of credit unions including the Interior Savings Credit Union, Prospera Credit Union, Valley First, Northern Savings Mortgage & Investment, and Envision Credit Union. The majority of these various bank branches are situated around East Kelowna in the downtown district of the city. If you’re looking for the credit unions instead, they are more concentrated near the Springfield and Cooper Road intersection.

Foreign exchange rates at banks and credit unions are generally better than hotels and airports, but they are still not the absolute most affordable. In some cases, certain credit unions might have better rates than the banks, but their FX policies are not as set in stone. Their profit margin/spread on exchanges is changing constantly so it’s hard to predict the best window of opportunity. The main FX advantage Kelowna residents have is that there are a number of different banking options, so it’s relatively easy to compare multiple providers.  Banks and credit unions typically only give favorable dollar swap rates to individuals that are subscribed to a cross-border banking plan. Please note that these side initiatives don’t come with your main account balance; they involve their own additional costs. That said, if you convert between different currencies frequently then it may be worth your while.

Exchanging at the Thomas Cook ATM in Kelowna

Kelowna has limited options in terms of kiosks and currency exchange retail services. The first kiosk option is with international currency exchange (ICE). The company has a kiosk location at the Orchard Park Shopping Centre. The benefit you receive with them is they usually have a number of exotic currencies in stock, and you can actually reserve them beforehand. Many individual exchange centers like the one’s you’d find in a hotel only have a few forms of currency. The alternative, which isn’t exactly a typical kiosk option and is actually unique to Kelowna, is the Thomas Cook four-currency ATM machine. This machine provides you with direct exchange rate quotes, giving you a more informed exchange decision. As the name suggests, it provides four types of currency: Canadian dollars, US dollars, Euros, and British pounds. It’s the only ATM of its kind in Western Canada and is located at the My Travel Store at 2067 Enterprise Way. You can spot it just off of Harvey Avenue. While these kiosks options can provide you with cash and are definitely convenient options, the rates offered tend to be very poor, so only use them if your options are limited. In the majority of cases, individuals use ATMs to trade currency because they are pressed for time.

Obtaining the Best Dollar Exchange Deal in Kelowna

Ultimately, the best foreign exchange rates are usually stumbled upon through personal research. This means shopping around and comparing different rates from different sources. Sometimes, you might accept a bad rate just out of convenience – unfortunately this happens each time you convert with a bank. While on small amounts the difference in savings on a given rate is negligible, costs add up quickly based on the transaction amount size. With the concept of services moving online and spreading into the digital space, you can actually find a number of reputable Canadian companies that can electronically deliver money straight to your bank account. Their rates will usually be much better than your banks and other local providers, so on large amounts you can save hundreds and even thousands of dollars. Consider using these services but do your research first to ensure that the transaction goes as smoothly as possible. KnightsbridgeFX is a highly reputable company that has filled over 70,000 transactions and is federally regulated by FINTRAC, AMF, and the BBB.

An Introduction to Kelowna, BC

Situated in the Okanagan Valley, in the southern interior of British Columbia is Kelowna, a city which got its name from an Okanagan language equivalent for “grizzly bear”. The city has early settler roots dating back to the 1800s, but more recently it is known for its service industry due to its profitable tourism activity. During the summer season, popular activities include boating, golf, hiking and biking with Alpine skiing and Nordic skiing being the winter favorites. Beyond the service sector, Kelowna is known for its vineyard of internationally recognized wines due to the areas ideal climate for wineries. Kelowna’s moderate population also gives rise to the area as a market trial area where many national businesses test new consumer products.

Although Kelowna has a thriving economy it does have some drawbacks, including the highest reported crime rate in Canada in 2012. Furthermore, the area is subject to seasonal wildfires resulting from very dry air. One of their more recent wildfires took place in August 2017, where a 400 hectare fire caused a mass evacuation. Sadly, the city does not have many cultural or art features however it has been used as a film locale for Shred and Shred 2 which were partially filmed at Big White, a ski hill near Kelowna.

To find other cities serviced by Knightsbridge please visit the Currency Exchange in Canada page.

Fun Facts About Kelowna

  • Although Kelowna is a relatively small city by Southern Canada standards, it has its own international airport (YLW) and it is one of the busiest flight centers in the country
  • The Okanagan Valley wineries near Kelowna produce roughly 80% of BC’s wine export, and are only behind the Niagara Region in terms of national wine influence
  • Justin Schultz, a defensive hockey player for the Pittsburgh Penguins, was raised in Kelowna BC
  • The most potent wildfire in Kelowna occurred in 2003 when roughly thirty-thousand people were displaced from their property
  • Popular Canadian DJ and music producer “Datsik” was born in the city

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