Best Currency Exchange in Toronto
If you intend to exchange amounts larger than $5,000, you will find that Toronto currency exchange rates vary from bank to bank and from one financial institution to another. By doing a simple online research on your own you can see how the exchange rate in Toronto vary, which can save you large amounts of money. Firstly you should call your bank to give you their best quote for the amount that you intend to exchange. Then, call us at Knightsbridge Foreign Exchange and we will do the same. You will be able to gauge the difference by yourself and calculate the amount that you are going to save by using our services. Depending on the exchange amount, you will be able to save from a few hundreds to several thousands of dollars. Definitely worth considering.
Best Exchange Rates in Toronto
It is always a good idea to watch out on Toronto currency exchange rates several days before you decide to make the actual exchange, to see if there are any notable fluctuations. Knightsbridge Foreign Exchange offers you the ability to lock-in the rate you receive from us. All you need to do is to tell us the rate you wish to receive and we will make the transaction of your funds at the very moment when that rate becomes available.
The exchange rate your Toronto bank will offer you will always include a significant markup for your currency exchange and other transactions. We at Knightsbridge Foreign Exchange regularly monitor the rates that the banks and other financial institutions are offering and we make sure to always go cheaper and offer you the best exchange rate in Toronto.
To receive the best currency exchange in Toronto, set up an account at our site, after making certain that you have bank accounts in both US and Canadian dollars currencies. After you book a transaction with us, Knightsbridge Foreign Exchange will lock-in your exchange rate and you will receive a trade-confirmation about the amount that you wish to exchange and your preferred exchange rate. You will receive this without any obligation to actually do a transaction. When you decide to do it, send the funds by an online bill payment or through a wire transaction.
Once the funds are exchanged they are sent either back to your account, or to a destination of choice in the US or Canada.
When you initiate the transfer, it may take about six business days to receive the funds, but it usually takes no longer than 3 business days.
To find other cities serviced by Knightsbridge please visit the Currency Exchange in Canada page.