Create a real-time currency exchange rate alert.

Thunder Bay Currency Exchange.

Get the best rates 1-877-355-5239.

Send your money wherever it’s needed, whatever the reason.

  • Pay international student tuition fee
  • Competitive import/export exchange rate
  • Receive money from abroad
  • Property purchase
BNN CTV The Globe and Mail Toronto Star CBC
  • 5-Star

    5-Star

    BBB Reviews

  • 130,000+

    130,000+

    Satisfied Customers

  • FINTRAC MSB Registration

    FINTRAC MSB Registration

    No. M09819788

  • AMF Regulated

    AMF Regulated

    No. 904210

  • Trading

    Trading

    since 2009

  • Best Rate

    Best Rate

    Guarantee

Video Thumbnail
Play Button
David Newman - Property buyer, Toronto

“I saved a huge amount… about $3,000 over the bank quoted to U.S. dollars… everything went smooth as a dream.”

David Newman - Property buyer, Toronto
Preet Banerjee - Columnist, Toronto

“KnightsbridgeFX is an online currency exchange company that seeks to undercut exchange rates offered by larger financial institutions.”

Preet Banerjee - Columnist, Toronto
Terry Ritchie - Calgary-based financial planner

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

Terry Ritchie - Calgary-based financial planner

Why choose KnightsbridgeFX

Why choose KnightsbridgeFX
  • Secure

    Secure

    KnightsbridgeFx is registered with FINTRAC, under the MSB registration number M09819788.

  • Fast

    Fast

    We offer same day delivery of funds to your desired destination if booked before bank cut-off.

  • Best rate

    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

    Transparent

    You’ll get a confirmation of the agreed upon exchange rate in writing before you send funds.

  • Convenient

    Convenient

    Register and book a transaction in minutes and send funds conveniently through any Canadian bank.

  • Great Customer Service

    Great Customer Service

    We understand that fast, efficient, and friendly service makes a difference.

Rahim Madhavji, the President of Knightsbridge Foreign Exchange Inc, interviewed by The Globe and Mail

Currency Exchange in Thunder Bay (1-877-355-5239)

The best way to save money when buying or selling US dollars is to stay informed. Understanding the influence of the global economy on exchange rates is a good place to start. When looking for the best exchange rate in Thunder Bay you must understand that the rates you see are constantly fluctuating. What you see in the morning can be very different from what you see later on in the day. Therefore securing a rate you are comfortable with can sometimes be challenging. You must also know that the rate that you see listed on the TV or online is not the rate which you will ever be given. This rate is known as the “spot rate” or “inter-bank rate”. It is essentially the rate that banks will sell to one another, and is usually in the millions of dollars. It is therefore very unlikely, that you will ever be receiving this rate. Instead, what you will receive is a marked up rate. Typical markups range between 2-5% depending on the currency you are looking for.

Now that you know this valuable information, you must seek a way to find where you can exchange your funds for the lowest mark-up possible.

The Best Place to Buy or Sell US Dollars in Thunder Bay

This is where we come in. At Knightsbridge Foreign Exchange we understand the power of knowledge. We therefore do everything in our power to offer you the best rates in Thunder Bay. We do all of the hard work for you by calling all of the leading banks and financial institutions to find out the rates they are providing. We then price our rates accordingly. Our customers typically enjoy rates on average 1-2% better than the banks. This means huge savings on your all of your foreign exchange transactions. The more money you transact, the larger the savings.

About Thunder Bay

Thunder Bay, which derives its name from the prodigious Thunder Bay at the Head of Lake Superior, is the most densely inhabited municipality in Northwestern Ontario. After originally being established as a fur trading hub by the French in the late 17th century, Thunder Bay evolved over the subsequent decades to become one of Canada’s most important shipping hubs, as the city became a link between eastern and western Canada. Today, Thunder Bay has grown to a population eclipsing 100,000 inhabitants.

Despite its origins in forestry and manufacturing, Thunder Bay has evolved into the services hub of Northwestern Ontario. Thunder Bay’s largest tourist attraction is Fort William Historical Park, which is a reconstruction of a trading post as it was in 1815. Due to Thunder Bay’s proximity to the wilderness, the city is near a multitude of conservatories and national parks. Education also features saliently in Thunder Bay, as the city is home to both Lakehead University and Confederation College.

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

You can also find us elsewhere online here:

Get your FREE No Obligation Quote Today

With 130,000+ satisfied customers, you're in good hands.

Frequently Asked Questions

We are guaranteed to offer you a better exchange rate than your financial institution. If you find a better rate from a competitor, once we verify the exchange rate quote we guarantee that we will beat their rate.

Our typical transaction size is between $2,000 per transaction and up to $40 million annually. We like to keep our minimum to $2,000 but we have some flexibility.When sending funds outside of Canada, intermediary banks and receiving banks may charge the receiving customer to receive a transfer.

Client funds are held in segregated client account at a major Canadian financial institution, separate from operating accounts, and are completely secure. A trade confirmation contract on our letterhead is sent to you upon execution of your currency transaction confirming all agreed upon details for your records. All transactions have a confirmation number and can be traced electronically with Canadian banks. Funds can be transferred quickly, generally same-day or next business day back to your specified destination. Funds are transferred securely by wire transfer or direct deposit.

All companies that transmit money in Canada must be registered and regulated by FINTRAC. We are registered and regulated by FINTRAC ( a Government of Canada agency) and our registration number is M09819788.

Over several billions of dollars have been converted for thousands of our Canadian clients and we have a number of testimonials in third party reputable business media including the Toronto Star and Globe and Mail.

Our client account and relationship with our Canadian financial institution is in good standing and they are willing to verify this with a bank letter or phone reference (please contact us if required).

We are conveniently integrated with all Canadian banks and you can test our service with a small amount to see how it works.

The rates change based on the amount you exchange. You can check the rate at any point by using the exchange calculator in your online account or our website . Furthermore, if you call or email us with the amount you want to exchange, we can give you the rate inclusive of our fees based on the dollar amount you are exchanging.

We are not able to accept payments by cash, cheque, or bank draft.

Our large transactional volume allows us to obtain purchasing power – we buy in bulk and pass on the great exchange rates to you along with free wire transfers. Moreover, unlike us, banks have very complex infrastructures and charge hidden fees to be able to cover their costs.

Banks are required to work with us for anti-competitive reasons.

You can easily open a free corporation account by clicking here or navigating to the Sign Up page in the top menu. Follow the registration steps, provide your company information, and upload the required validation documents. Once your account is activated, you can start booking your first trades.