“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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Currency Exchange Newmarket
If you need to make a large international purchase, then having the right exchange rate to get the currency you need make a big difference in the amount you’ll spend. The bank is many people’s go to for currency exchange in Newmarket, but there are other options out there too. If you’re looking to get the best USD exchange rates in Newmarket, or the best foreign money exchange rates in Newmarket, you’ll definitely want to explore those other options. There is one provider that offers a simple and fast exchange process, all while providing the best currency exchange rates in Newmarket. That provider? Knightsbridge Foreign Exchange.
You have a variety of different providers of currency exchange in Newmarket at your fingertips, and there are a lot of factors to consider when deciding where to exchange. Each provider can usually be classified as a bank, independent broker or exchange franchise. Each varying type has their own positives and negatives you can use to decide the best option for you and your situation. Banks provide a level of comfort and familiarity, along with an easy process. But, with their high markup you won’t be getting the best currency exchange rates in Newmarket. With an independent broker on the other hand, you don’t get as easy or secure a process, but the rates are usually much better. There is a way, however, that you can get the safety and simple process of the bank, along with the best USD exchange rates in Newmarket and the best foreign money exchange rates in Newmarket. That’s by choosing Knightsbridge Foreign Exchange.
You mat thinking about choosing the more convenient option of doing your currency exchange in Newmarket at the airport, since you’re heading there for your flight anyway. While this is certainly viable, be aware you won’t be getting the best USD exchange rates in Newmarket or the best foreign money exchange rates in Newmarket. Major airports, including Toronto Pearson International Airport (the nearest to Newmarket), charge very high rent for their retail spaces which is why everything in the airport is so expensive. For airport brokers this comes to fruition in the markup they add to their exchange rates. This makes getting the best currency exchange rates in Newmarket at an airport broker nearly impossible. You’ll find that most customers of airport brokers are exchanging at the last-minute or have put their priority on the convenience factor.
If you’re driving about town you may run into some public exchange kiosks you can use for currency exchange in Newmarket. These kiosks are convenient for many, as they’re in common areas like shopping malls, popular tourist areas and hotels. The important thing to keep in mind about these locations is that they are still physical spaces, meaning they have fees to pay that add to their overhead. When the costs add up, it leads to a markup that takes them out of the running for the best USD exchange rates in Newmarket or the best foreign money exchange rates in Newmarket. If you’re looking at using an independent broker, do remember to make sure you’ve done your research. For example, if they don’t require identification you know they aren’t to be trusted, and you can move on. Even the best currency exchange rates in Newmarket aren’t worth it if you’re using a shady company.
Most people stick to the bank for their currency exchange in Newmarket, and they know it, which is why the banks don’t feel compelled to offer the best USD exchange rates in Newmarket or the best foreign money exchange rates in Newmarket. They add a markup to their rates, usually of about 3%, that significantly higher than others and makes a huge difference. While the bank works for many, if you want to choose a provider that has the best currency exchange rates in Newmarket, try Knightsbridge Foreign Exchange.
Exchange brokers know that just having better exchange rates isn’t enough to get a bigger portion of the market for currency exchange in Newmarket, which is why they explore different deals they can add to entice customers. A couple examples include lowered exchange rates for higher exchanged amounts and allowing customers to pay in multiple installments or even delay their payments. For us at Knightsbridge Foreign Exchange, our focus is on providing amazing service and offering the best currency exchange rates in Newmarket. The reason we’re able to provide that is because we’re entirely online based, meaning that we don’t have all the expenses associated with it. With a lower overhead, we pass our savings on to you in the form of the best USD exchange rates in Newmarket and the best foreign money exchange rates in Newmarket.
Our customers of KBFX save about 1-2% per exchange compared to other major providers of currency exchange in Newmarket as we have the best USD exchange rates in Newmarket and the best foreign money exchange rates in Newmarket. If you need to see for yourself, then call us and a bank for a rate on the same currency. You`ll see we have the best currency exchange rates in Newmarket.
Newmarket, Ontario is a town in the Greater Toronto Area, ranking 69th in Canada for population with over 84,000 residents. Newmarket is a common town for people who work in Toronto, but don`t want to live directly in the city. It was initially formed as a farming community, and it`s most notable landmark is the Upper Canada Mall.
We know the value of a reliable exchange provider as much as anyone who regularly exchanges currency, which is why we invite anyone interested in KBFX to give us a call at 1-877-355-5239 to allow us to take your through our simple and fast process, with a free no-obligation quote for any currency you want. Or, you can go online to fill out our fast, online application.
To find other cities serviced by Knightsbridge please visit the Currency Exchange in Canada page.