Saskatoon Currency Exchange Get the Best Rates

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.

Saskatoon Currency Exchange Get the Best Rates

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.

Saskatoon Currency Exchange Get the Best Rates

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.

Saskatoon Currency Exchange Get the Best Rates

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
40,000 +
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
KnightsBridge Foreign Exchange Has Been Interviewed by and Featured in
See our latest media interview
“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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Terry Ritchie,
Calgary-based financial planner

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.

Currency Exchange Saskatoon

If you are looking to exchange your currency in Saskatoon, your first thought would be to go to the closest bank. However, this may not be in your best financial interest to do so. Banks often do not offer the best exchange rates. Further, they may include some charges for wire fees and other costs. Since many banks are publicly traded companies and have a near monopoly on your business, there is often little incentive to offer you the best deal.

Exchange rates are moving on a daily, even hourly, basis. This makes it tough for you to know when the best time to exchange your currency is. This is even truer for those living in Saskatoon seeking to exchange their Canadian Dollars (CAD) for U.S. Dollars (USD). As you may have seen in the news, the CAD has taken a plunge versus the USD recently. Unfortunately, this means that the CAD has less value versus the USD. A major reason for the decline in the CAD is the big fall in the price of oil. Canada has significant stores of natural resources, including oil. If those natural resources are worth less, that can have a negative overall impact on the Canadian economy. It only makes sense that if there is less demand for oil products, Canadian energy companies will have less revenue. This is turn can impact the Canadian job market. On the other hand, the slide in the loonie makes it more affordable for tourists from the United States to visit Canada. This may have a beneficial impact on the tourism industry in Canada.

Where to Exchange Currency in Saskatoon

When it comes to Saskatoon currency exchange, there are a few options options. The options in the Saskatoon money exchange sector range from boutique cash retail providers, which provide cash exchange, to banks, to other independent retailers that deal online and in larger amounts. These providers can be found in various locations along the street, at the bank branch, or online. The difference between the options is mainly price and service with some offering a good deal on both ends. For example if you’re looking for the cheapest way to exchange Canadian to US dollars quickly and securely then perhaps an independent provider such as Knightsbridge Foreign Exchange is the best solution. However, if you’re really hesitant to using a provider besides your bank and cost is not a concern to you then perhaps the bank really is your best choice. Ultimately, in terms of cost, money exchange services that deal in cash will have the worst rates. This is because they have to hold physical cash which carries inventory costs and must also pay the cost of rent. It is important to work with a legitimate provider and a quick way to check is to see if they need to verify your identity. If they don’t, they are not complying with laws and regulations. Some examples of retail providers in Saskatoon are:

Saskatoon Airport Currency Exchanges Services

Airports are the last places you want to go to if you are looking for the cheapest US exchange rate or any rate for that matter. Airports charge expensive rents on top of the inventory costs that foreign exchange providers already incur. This results in high expenses which are passed on to consumers. However, if the circumstance is necessary most airports do provide currency exchange services. If possible, try to bring more money than you anticipate exchanged in your home country, but if this is not possible, you can go to ICE – international currency exchange for foreign exchange in Saskatoon airport.

Saskatoon Hotel Currency Exchanges Services

Hotels can sometimes be a convenient option when exchanging foreign currency while travelling. However, it is far from the cheapest option. One way to get foreign exchange services at a hotel is to contact the concierge if there is one and ask them for local and trusted foreign exchange providers. Usually they receive questions like that all the time and are familiar with a local destination. You can also try asking other hotel residents or locals on the street if they know a good place. Another option is to see if the hotel has in-house currency exchange services. Larger hotel chains sometimes provide this service for the convenience of their guests, but be sure to double check the exchange rate to see if it is acceptable. Some hotels that provide currency exchange services include the Hilton Garden Inn Saskatoon Downtown, Park Town Hotel, and the Holiday Inn Express Saskatoon. For a more exhaustive list, try doing a quick Google search to see if the hotel you’ll be staying at has these services.

Saskatoon Currency Exchange Kiosks Services

Kiosks are similar to boutique foreign exchange providers usually found along sidewalks on the street or in malls. They are usually found in popular public areas such as malls or tourist areas. Kiosks generally exchange in cash and as a result will not give the best rate. There are also generally many independent kiosks with varying levels of pricing and service. A good idea would be to look for reviews on a potential kiosk for use. Sometimes kiosks take advantage of unsuspecting consumers while others genuinely provide great service. Some examples of kiosks in Saskatoon include ICE – International Currency Exchange and Calforex.

Banks in Saskatoon Currency Exchange Services

As mentioned above, the banks generally overcharge on exchange rates with some charging up to 3% over the market rate. However, not everyone is comfortable with using independent providers and at times the bank can be more convenient. If the surcharge is worth it to you then you can be comfortable knowing that all Canadian banks offer foreign exchange services. This includes CIBC, BMO, TD, RBC, National Bank, and some credit unions. For frequent US travellers check to see if your bank has a foreign exchange plans that can provide better rates.

Saskatoon Currency Exchange Brokers

Other currency exchange brokers employ unique business models in order to reduce costs. They usually have online platforms where they help exchange money electronically avoiding the inventory costs associated with cash. These businesses sometimes have associated retail locations while others only operate online. Be careful to take the time to understand the brokers exchange process as some may be misleading by giving a lower quote first before surprising you with a worse quote at a late stage in the process. For the best exchange rate (Canada to US) and others, try Knightsbridge FX as they have a lowest rate guarantee.

How to Get the Best Exchange Rate in Saskatoon

A drawback to using banks for currency exchange is that it is tough to get updated quotes and the best rates.  Trying to get the best exchange rate with an updated quote can be a hassle.  At KnightsbridgeFX, we do this work for you.  We call the banks on a daily basis in order to offer you the best exchange rate possible.  By using KnightsbridgeFX to exchange your currency, you can save both time and money.  Give your bank a call and give us a call, we guarantee we will be better.

KnightsbridgeFX is a non-bank provider that seeks to offer competitive exchange rates combined with excellent customer service.  Give us a call at 1-877-355-5239 for a no-obligation currency exchange quote and one of our representatives will walk you through the process and next steps. Alternatively, you can fill out the form below and we’ll walk you through the process of how to get the best currency exchange possible in Saskatoon.

About Saskatoon

Saskatoon is the largest city in the province of Saskatchewan, with an estimated metropolitan area population of 300,000.  Saskatoon is often called the Bridge City for its many river crossings over the Saskatchewan River.  The city’s economy is based around agriculture, including wheat and livestock, potash production, and other natural resources including uranium, gold and diamonds.  Cameco, the largest publicly traded uranium company, is based in the city.  In addition, there are a number of financial institutions headquartered in Saskatoon, including the First Nations Bank of Canada and Concentra Financial.

Unusual Trivia About Saskatoon

  • Saskatoon is named for the berry, not the other way around. It gets its name from the Cree name mis-sask-quah-toomina, which refers to the sweet saskatoon serviceberry.
  • The city was originally founded as a way to be free of alcohol. A temperance group was granted the parcels that make up the modern city in 1882, but it wouldn’t receive an official charter until 1903.
  • Saskatoon is so far north that the sun doesn’t rise until 9:13 AM local time on the winter solstice. On the other hand, it rises at 4:45 AM local time on the summer solstice.

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

Best Currency Exchange Rates in Saskatoon

Best USD Exchange Rates in Saskatoon

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