Get the Best Currency Exchange Rates in Vancouver
With Vancouver Island right next to the U.S., many residents of Southern BC regularly exchange their CAD for USD so they can take a trip across the border with sufficient funds. If you plan on visiting the United States, perhaps you’re wondering how to exchange your Canadian income for foreign currency.
At Knightsbridge Foreign Exchange, not only can we help you exchange your CAD for foreign funds quickly and efficiently, but at the lowest exchange rate currently available. Take a look at how our service operates below.
How Our Service Works: Vancouver Foreign Exchange
Over 2 billion Canadian dollars have been exchanged successfully at KnightsbridgeFX. Need a way to do currency exchange in Vancouver? Recruit our help by following these steps:
Get a Quote
It’s always a good idea to familiarize yourself with a new service before committing, especially when it involves a financial transaction. Therefore, we’re pleased to offer you a free quote for the amount of money you would like to exchange before you book your transaction.
If you would like to receive a quote, phone us at 1-877-355-5239, and one of our friendly customer service agents will complete the request.
Note that there is no commitment to use our services after requesting a quote. We completely understand if you decide not to move forward.
Book Your Transaction
If you would like to proceed with our services after reviewing the rate, the next step is to book your transaction. Simply confirm the exchange rate you were provided via your quote, and we’ll send you the receipt.
The confirmation receipt will restate the details of your transfer before it’s processed so you know how much money you’ll receive after the transaction is complete.
Complete the Transfer
Once you’ve confirmed the details, the last step is to send your money either online or in a bank transfer.
Note that you can complete your currency exchange in Vancouver with any local bank, as our service is integrated with all banks across Canada.
Use our savings calculator to see how much you can save on your next transaction
Take advantage of the best exchange rates when buying US real estate, moving to another country, sending money to family, and paying foreign tuition.
Free same-day transfers, no hidden fees and professional service.
Our converter uses mid-market rates. The rate is subject to change.
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Choosing the right service for Vancouver currency exchange comes down to who you can trust to look after your money.
At KnightsbridgeFX, you don’t have to worry about the safety of your funds – our services are regulated by the FINTRAC Agency, a Canadian government initiative focused on guarding transactions from interceptions and criminal activity.
How to Conduct Currency Exchange In Vancouver
Foreign Exchange in Vancouver is a competitive market, so it’s important to do accurate research to ensure you’re choosing the best service for your financial needs.
There are a variety of ways to conduct foreign exchange:
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Vancouver International Airport currency exchange services
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Hotel money transfer services or kiosks
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Bank services
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Exchange brokers
Each of the options listed is valid and safe, however, they may not be the greatest options if you want to avoid extra fees and keep your hard-earned money in your pocket. Your money will be exchanged successfully, but you may get hit with high fees.
In contrast, our foreign exchange brokers at KnightsbridgeFX are tasked with locating the lowest exchange rates available in Canada, especially for larger transactions ($5,000 and over).
Most banks will charge 2-3% for currency conversion but we charge less than 1% of your funds. At a 0.5% fee rate, you can send more without spending more.
These lower rates are ideal for international business and property owners, families, students and more.
Why Use Knightsbridge Foreign Exchange?
At Knightsbridge, we ensure that we provide the best exchange rate. In fact, we contact the banks countrywide on a regular basis to ensure our rates are still the lowest available.
We don’t only have low rates, our clients can receive other benefits by using our service, such as:
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Security
FINTRAC regulates our service to safeguard against fraud. We also have a $1,000,000 safety reservoir for enhanced consumer protection.
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Quick Delivery
Customers will receive their funds on the same day that they process their transaction, provided they do so before their bank closes for the day.
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Transparency
Customers don’t have to worry about any hidden deductions on their transfer balance – we always send confirmations prior to processing funds.
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Convenience
Registration and booking in minutes. And enjoy the ease of completing your transaction at any Canadian bank.
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Quality Customer Service
We provide quick and easy assistance to ensure our clients receive their funds as soon as possible.
Why Choose KnightsbridgeFX for Currency Exchange in Vancouver?
While banks are essential services and help us protect our finances, when it comes to extended services like foreign exchange, they don’t typically have the best rates. The first goal for all banks is to make money, meaning customers will often pay over-inflated rates so the bank can avoid paying high operation fees.
However, by choosing KnightsbridgeFX for foreign exchange in Vancouver, you’ll receive rates up to 2.5% lower than any Canadian bank will provide.
If you …
- Are moving to the US
- Hold investments in US real estate
- Own a business that imports and exports goods to the US regularly
- Are paying international student tuition fees
- Traveling abroad long-term
…Then our system is the ideal choice for exchanging Canadian and US currency.
Get the Best Money Exchange Rate In Vancouver
We’ve helped Canadian consumers exchange their funds for almost 15 years. During this time, we’ve successfully helped thousands of customers convert their money. Let us help you send more.
If you’d like to utilize our services and receive the best currency exchange in Vancouver, you can contact us via phone to obtain a quote.
Call either of these numbers for assistance:
Toll-Free: (1-877)-355-5239
Vancouver Office: (604) 229-1065
You can also visit our Vancouver office in person or mail via the following address:
1285 W Broadway #600
Vancouver, BC
V6H 3X8
Frequently Asked Questions
Tell me about Knightsbridge Foreign Exchange's Best Rate Guarantee.
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.
What is the minimum amount I can exchange?
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.
Tell me more about the security of funds.
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.
Why don’t you show your rates online?
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.
Can I pay with physical cash, cheque, or bank draft?
We are not able to accept payments by cash, cheque, or bank draft.
How can you get an exchange rate better than what banks offer?
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.
Why banks allow you to use them when you are a competitor?
Banks are required to work with us for anti-competitive reasons.
How do I register as a Corporation?
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.
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