LONGUEUIL: Currency Exchange (Call 1-877-355-5239)
If you own a business that deals with US dollars, plan on purchasing real estate south of the boarder, or need to pay your children’s international tuition fees, it is paramount that you find an institution that offers most competitive exchange rates. Why should you have to pay large hidden fees and additional costs when exchanging your hard earned money? Settling for the wrong rate is truly unnecessary – in many cases you can find the perfect blend of cost and convenience for your individual needs. When looking to exchange US dollars in Longueil, try to do as much research as possible so you don’t fall victim to common mistakes made by individuals looking to exchange money in Quebec.
Most of the time, people will run towards large financial institutions because they’ve established a trustable reputation that spans for decades. Individuals and small business exchange their hard earned money at one of the “Big Five” banks without a second thought. The truth is that the conventional banking system charges some of the worst retail FX rates imaginable – assuming you’re not subscribed to their premium travel/international banking packages. Banks have a ton of operating expenses to make up for from all of their departments, so they need to recover those costs somehow. In the many cases, their FX service helps pay for their large overhead because customers don’t look at the rate twice. After all, individuals trust the bank with their chequing and savings, so why wouldn’t they use them for currency exchange too?
Where to Find the Best Currency Conversion Rates in Longueuil
Figuring out exactly when to buy or sell US Dollars can be a very difficult task. The market price of a currency is constantly fluctuating, which results in differing exchange rates throughout the day. However, there is one thing you could do with absolute certainty to ensure that you are offered the best FX rates in Longueuil. The idea way to start your search is to contact all the banks and financial institutions in your nearby vicinity, on both sides of the river, to see who has the best US dollar exchange rate. The only drawback is that this can be exhausting and extremely time consuming, especially when you are simply looking to make a quick transaction. The unfortunate truth is, if you go by this option you’ll be giving up time, energy, and convenience just to get a lower cost.
The alternative choice is to call us at Knightsbridge Foreign Exchange. At KBFX, we offer better than bank US exchange rates, with a guaranteed price match policy. That means there’s no need to shop around and compare anymore – we’ve done all the work for you. We contact all the banks and major credit unions in Longueuil and Montreal on a daily basis so we can change our rates accordingly. If you happen to find a lower exchange rate that is commercially available, let us know and we will match it or beat it for you. Our company’s low overhead costs allow us to offer extremely competitive US dollar exchange rates, always with no hidden fees or additional costs. Our mission is to save you as much money as possible, and we do so by offering exchange rates that are 2% on average more favorable than your banks.
International Currency Exchange
ICE is a massive physical currency exchange franchise in Canada that has many branches scattered across Canada. Unlike other smaller sized FX firms located across the St. Lawrence River, ICE is a chain franchise – you can easily find them in other major Canadian cities by consulting their office directory. Their Longueil branch is situated at 1745 Chambly Rd, Longueil, in Quebec, and you could speak to their representatives at (450)-646-3059.
Globex 2000 Experts en Devises
This primarily French-speaking exchange franchise has multiple offices scattered throughout Quebec. While their main locations are found in the heart of Montreal, you could still find one of their branches across the river on the other side of La Ronde. Their weekday-only branch in Longueiul can be found at 2877 Chemin de Chambly at the Place Desormeaux. In regards to physical cash orders, you could reserve currency online and then walk in and pick it up. Their phone number is (514)-933-2555.
How to Get Cheap Currency Exchange in Longueuil
It’s not enough to just keep a close eye on the world currency market in a conversation about getting the most competitive FX rate. The affordability of a currency exchange rate is determined not by the rate itself, but by the spread. In simple terms, the spread is the difference between the rate you see posted by a financial institution and the mid market value. You could theoretically monitor the charts for years and wait for a downtrend, but if you’re exchanging on a high markup you haven’t maximized your savings potential. Furthermore, finding a provider that always charges low margins can be beneficial since timing the market perfectly (with consistency) is virtually impossible.
As a general statement, KnightsbridgeFX offers rates with a much smaller markup/spread than the major financial institutions you’d commonly find in Longueuil. Most of that has to do with KnightsbridgeFX being an online-only service. Through not having any brick-and-mortar walk in branches, we can save on that maintenance, staffing, and repair costs, letting us pass down our great rates to you. Each time you decide to go through with KBFX you can attain true peace of mind – you’ll know that you’re getting the best rate on USD. Regardless of what price a currency is sitting at on the market, we will always try to undercut our competition simply by accepting a smaller profit margin on our transfers. If our operations where to scale to the size of a bank like CIBC, RBC, BMO, or TD Canada Trust, we might not be able to afford the deals that we offer today.
By this point you’ve probably come to the conclusion that finding the ideal FX pricepoint in Longueuil is not an easy task. How many times have you found what seems to be an amazing deal online, only to get an advertisement a day later that promotes a better rate? Because of how the markets tend to move, you’ll have to compare deals every single day by calling your local providers manually. Fortunately, there is a reliable method to get around this. KnightsbridgeFX takes the stress out of your day by having company representatives check the rate offerings in Longueuil daily. Just give us a call anytime to obtain a quick summary, and you’re all set!
Longueuil’s Third Party Online FX Brokers
The absolute best way to save money on currency exchange is to book your transfers electronically as opposed to getting physical cash. Making transactions hand-to-hand transactions with cash at an exchange kiosk can feel really satisfying, and it’s definitely convenient. Unfortunately, the rates that come with dealing with physical money are slightly inflated. KnightsbridgeFX brings to the table an online-order system that converts your dollars electronically. You don’t need to bring your Canadian dollars to the bank anymore; you can switch them to US dollars from the comfort of your phone or laptop. It’s really that simple – anytime you place an order with us we are able to wire you money directly into your bank account. And the best part is that you can access that money after the transfer with no additional charges from us. Please note that sometimes banks have different policies for physical cash withdrawals, it’s best to check with them first before you decide to make any cash transactions.
A Little Review of Longueuil, Quebec
Longueuil, a city in the province of Quebec, is located on the south shore of the Saint Lawrence River adjacent to Montreal. Longueuil has a long history dating back to the 1600 and was officially declared a city just a century ago in 1920. Although the city includes some urban features, it is primarily viewed as a commuter town as many residents commute to Montreal daily for work.
What Longueuil lacks in urbanization, it makes up in its natural attractions. The city is home to three nature parks including the Parc Marie Victorin, Parc Michel-Chartrand, and Parc de la Citè. It also has a wildlife reserve, the Boisè du Tremblay.
Five Interesting Features of Longueuil, QC
- Longueuil has a well established aerospace industry, and hosts the Canadian Space Agency
- The PWC Company (Pratt & Whitney Canada) is headquartered in Longueuil and hires thousands of local employees
- The Longueuil International Percussion Festival is a massive musical event that occurs annually and features hundreds of musicians and thousands of spectators
- You can actually see the Montreal Olympic Stadium across the river from Marie-Victorin park
- Famous Canadian comedian Jon Lajoie is from Longueuil, QC
To find other cities serviced by KnightsbridgeFX please visit the Currency Exchange in Canada page.