“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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Call us to obtain a free no-obligation exchange rate quote.
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Confirm an exchange rate and receive a trade confirmation receipt confirming all details before you 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.
Planning to purchase a property south of the border? Perhaps you are looking to take an extended vacation abroad, or maybe you just need some US dollars for personal expenses? Whatever your specific situation may be, you are most likely interested in receiving the best exchange rate possible to obtain foreign currency. When seeking the best US dollar exchange rates in Terrebonne, there are many options to choose from. It’s imperative to find the option that best suits your needs, and that can be a difficult task; it involves a lot of comparison. First, you need to establish your currency exchange goals. Do you value convenience or cost more? Most foreign exchange users would much rather have lower prices than a convenient process, they just don’t know how to get it.
At first glance, bringing your business to the bank might seem like the best solution for your foreign exchange inquiries. Truth be told, we agree with this philosophy if you’re only exchanging small amounts of money. However, did you know that all major Canadian banks offer exchange rates with extremely large markups? On larger sized transactions this can lead to a lot of money lost unnecessarily. Banks are able to buy currency for cheap and sell it at very high prices simply because they are not starving for business. Both banks and credit unions operate with a high degree of customer loyalty and a long history of being trusted. These major financial institutions typically mark up a currency’s mid-market rate by around 2%, which is not very competitive in today’s climate.
Instead, it is recommended that you approach a non-bank institution that specializes in currency exchange. Companies like Knightsbridge Foreign Exchange specialize entirely in currency conversion and use much more affordable business practices. This is all done as an effort to reduce the total cost to the consumer, and grants us the ability to offer lower exchange rates.
There are several places you can go for currency exchange in Terrebonne, with each of them consisting of either a major Canadian bank, independent exchange broker or currency exchange franchise. When considering all the different options within these three categories, you’ll end up with a list of pros and cons attached to each provider. Banks are convenient, secure and easy to exchange with, but you won’t get a very competitive exchange rate with them. Then there are the independent exchange brokers, where you’ll find a less convenient service with more paperwork, but the exchange rates are typically much better. If you want the best currency exchange rates in Terrebonne paired with a quick and simple transaction, look towards converting your currency with KnightsbridgeFX.
At Knightsbridge Foreign Exchange we specialize in currency exchange transactions. With lower overhead costs compared to the banks, we are able to offer extremely competitive rates. We guarantee a better than bank rate to all of our customers in Terrebonne and around the country. Our rates are on average 1-2% better than what you will see at the leading banks across the city. At KBFX, our mission is to save you as much money on all of your currency exchange transactions. Why lose your hard earned money to the banks?
Call us today for a free, no-obligation quote. One of our helpful customer service representatives will be happy to the quick and easy steps to get started.
Terrebonne is a suburb community located in western Quebec, Canada on the north shores of the Rivière des Mille-Îles and of the Rivière des Prairies. With a history dating back to the 1600s, the community was founded in 1670 with Franco-European colonization starting in 1647. Terrebonne is known for its historic monuments and sites that include Île-des-moulins, a pre-industrial complex, and the Moulin-Neuf water dam. Related to this, the area is known for its Ecclesiastical architecture which can be traced all the way back to the late 19th century.
Today, Terrebonne hosts over 110,000 residents within its suburban limits, ranking it as one of Montreal’s top 5 largest suburbs. From the break of the 21st century to late 2006, the population of Terrebonne more than doubled from 40,000 individuals. Beyond its history and architecture, the city also has several educational institutions and is connected to Montreal’s Central Station by commuter rail.
To find other cities serviced by Knightsbridge please visit the Currency Exchange in Canada page.