Interbank Equivalent
Current interbank rate: 0.7639
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David Newman,

Florida Property Buyer interviewed by the Toronto Star

“You can save hundreds, if not thousands of dollars”

Terry Ritchie,

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”

Preet Banerjee,

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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ORILLIA: Currency Exchange (1-877-355-5239)

Have you finally decided to take action on a considerable international purchase? Perhaps you’re looking to buy foreign real estate or some other sizeable asset overseas. If this is the case, you’ll need to locate a reliable provider of currency exchange in Orillia that can give you the lowest rates. Most individuals would only think to go to the bank, but there are other sources out there if you just want to acquire the best foreign exchange rates in Orillia. Whenever you’re spending a large sum of money, even if you plan on paying it in instalments, you should always seek advantageous savings opportunities. After all, getting the most return out of any investment involves buying in at the right price. Getting the best foreign exchange rates you can, especially for substantial international purchases, could save you hundreds or even thousands of dollars. Using a professional currency conversion specialist like Knightsbridge Foreign Exchange can make all the difference. We take pride in being able to give you the best currency conversion and money transfer deals in Orillia.

Where Can You Do Foreign Exchange in Orillia?

The options are vast for currency exchange near and within Orillia city limits, ranging from retail exchange franchises, independent brokerage firms, and banks. When you first think of currency exchange, what financial institution comes to mind? Each one of these three categories has their own particular set of pros and cons that you could analyze to determine which provider best suits your exchange needs. Put simply, currency conversion isn’t always performed on the same terms. It’s possible to transact small, medium, or large sums of money and different services have varying delivery speed and service quality. The banks, for example, may provide you with the safest and easiest exchange process, but you’d lose out on the best currency exchange rates in Orillia by picking them. On the other hand, an independent broker isn’t as well-known or reputable as a bank, nor is the process as convenient, but more often than not you’ll get significantly better rates than you would at the bank. However, if your primary interest in currency conversion is to save as much as possible, the best foreign money exchange option for you is KnightsbridgeFX.

 

Pearson International Airport Near Orillia Foreign Exchange

If you’re heading to Toronto Pearson International Airport from Orillia to board an overseas flight, you may be thinking about saving your currency exchange for when you get there. After all, there are plenty of currency conversion opportunities at the airport’s multiple terminals. Many would consider this a great idea, since it’s convenient if you’re heading there anyway, but you should truly reconsider the rate you’ll be getting. If you go to an airport broker, you won’t get anywhere close to the best FX deals near Orillia due to the rent costs for retailers at airports. The cost to lease space and conduct business is extremely high at the airport, inflating the prices of all goods and services within it. For airport exchange brokers, their price inflation comes in the form of a mark-up. The mark-up gets put on their exchange rates and results in rates significantly out of the target range for cost-efficient conversions. Because of this, you may find that most airport currency exchange users typically convert their currency as a last resort. To avoid paying unnecessarily high currency exchange prices at the airport, make sure you convert your funds well in advance.

 

Public Currency Exchange Kiosks around Orillia

Public exchange kiosks can often be found around town in highly trafficked zones like tourist hubs, shopping areas and hotels. These kiosks specialize in delivering convenience, as you may encounter them casually just by walking around. As a result, they can be ideal for a quick currency exchange in Orillia. However, don’t let their small-sized nature mislead you into thinking their FX rates are the best. Just like any other physical retail business, they need to recover costs from owning a brick and mortar storefront. The expenses they do have, while they are on a smaller scale than a full-size retail store, prevent them from offering the cheapest foreign exchange around Orillia. Oftentimes you’ll find plenty of public exchange kiosks claiming to offer you the best currency exchange in Orillia, but it’s crucial you check their legitimacy first. Apart from just getting a quote on their rates, you can see if they adhere to government policies. A relatively simple thing to check is if they require personal identification, because if they don’t it’s a sure-fire sign not trust them. Reputable financial service providers will always verify your personal information since it shows that they handle your security with a great deal of care.

 

Using Orillia’s Banks and Credit Unions for FX

For the most part, currency exchange in Orillia is primarily performed through a major bank. This is generally because a lot of people enjoy the familiarity of their regular bank and assume that their bank is the only fair FX provider. However, there are other options out there that should be explored if you want the best currency exchange rates in Orillia. Instead of hitting prices that are near mid market rates, banks add a mark-up instead that can even scale upwards of 3%. That markup is larger than most other providers, which usually falls around the 1% to 2% mark. Whenever you’re converting currency at a bank, you won’t be getting the best currency exchange in Orillia.

 

Digital-Only Online Currency Converters

Since they’re losing out on a large percentage of the consumer base for currency exchange in Orillia, currency exchange franchises, along with some independent brokers, will try out different deals to try and bring in more customers. Some examples of these deals include delayed payment plans, installed payment plans and lowered rates on high exchanges. These deals can be especially useful in lieu of the best foreign money exchange rates in Orillia. Our goal at KBFX is to give our customers most affordable currency conversion process possible. In order to do this, we eliminated the need for physical retail brick-and-mortar branches. We make our goal of saving you money a reality because we’ve created a low overhead with our online based business model. Since we don’t incur any traditional expenses that come with owning a storefront, we are able to pass down our cheap bulk currency down to you in the form of great rates.

 

How to Obtain Orillia’s Most Favourable Currency Exchange Rates

With Knightsbridge Foreign Exchange, our savings are shown in the form of the best currency exchange rates in Orillia. On top of that, we don’t feature any service charges or flat fees as long as your order size is eligible. Based on how we price our rates relative to our competition, the data that shows our customers save an average of 1-2% on their exchanges over the leading providers in Orillia. Need to see for yourself? Call us and then call your bank for a rate on the same currency and witness firsthand the savings potential with KnightsbridgeFX.

Looking Into Orillia, Ontario

Orillia, Ontario is a city in the Simcoe County with a population of about 30,000 people. Orillia was incorporated back in 1867, and despite falling geographically under the Simcoe County, it is actually politically independent. Orillia’s nickname is the “Sunshine City of Ontario” and rightfully so. During the warmer seasons, Orillia is a prime destination for waterfront activities and those wishing to explore the great outdoors. The economic climate in Orillia focuses heavily on tourism, manufacturing, and a few civil sectors, but the area’s largest employer by number of total hires is actually Casino Rama.

At the end of the day nothing can beat a safe and reliable exchange provider. 1-877-355-5239 is the number to call to get a free quote on our lowest rates with absolutely no obligation to transact. We’ll use our time over the phone to take you through the process and show you how easy it is. Alternatively, you can go online and get the application started by yourself in just a few minutes!

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

 

NOTABLE INFORMATION ABOUT ORILLIA, ON

 

  • Scientists have discovered archaeological remnants of Huron and Iroquois people in Orillia that date as far back as 4000 years ago
  • Orillia was North America’s first adopter of the daylight savings clock reset technique
  • The Ontario Provincial Police (OPP) headquarters is located in Orillia
  • Franklin Carmichael, one of the Canadian artists in the “Group of Seven,” was born in Orillia
  • In 2012 Orillia held Ontario’s award for the municipality with the best waste diversion/recycling efforts

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