Get the Best Currency Exchange Rates in Victoria
Washington State borders Victoria, BC, meaning many locals on the Island often take regular trips to the U.S. border. If you plan on visiting the States, it’s nice to have American dollars to spend. First, however, you’ll need to locate a service for currency exchange in Victoria.
Our currency exchange brokers at KnightsbridgeFX would be glad to assist you in converting your CAD to USD. Check out how it works below.
How Our Service Works: Victoria Currency Exchange
Through our services KnightsbridgeFX, over 2 billion Canadian dollars have been exchanged so far. Want to work with us? Follow the steps below to book your transaction:
Get a Quote
Foreign exchange transactions can be finicky, especially when there’s confusion over how much money you’ll receive.
At Knightsbridge, we are happy to provide you with a free quote so you know exactly how much money you’ll get after we apply the exchange rate to your funds.
You can phone us at 1-877-355-5239 and speak to one of our customer service representatives to receive your quote.
You are under no obligation to use our services after getting a quote. It’s free!
Book Your Transaction
If you’re pleased with your quoted exchange rate, you can start the next phase of the process by book your transaction. When filling out the transaction form, confirm the rate you were provided, and we will send a trade confirmation receipt to your email.
This receipt will confirm your transaction details so there’s full clarity around the amount of money you’ll receive. We won’t process your funds until you confirm your trade receipt.
Complete the Transfer
You can complete the transfer process via bank transfer or online bill payment once you’ve reviewed your trade confirmation receipt.
Concerned about compatibility? Don’t be! You can conduct currency exchange in Victoria with us through any Canadian bank!
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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To conduct foreign exchange in Victoria, you need to choose a company that you trust to look after your hard-earned funds and ensure they are transferred fully intact.
At KnightsbridgeFX, your money is in safe hands! Our services are regulated by FINTRAC, a Canadian government agency that prevents scammers from getting a hold of your funds during transactions.
Our $1,000,000 safety net in place ensures further protection of our customer’s funds.
Where to Complete Currency Exchange In Victoria, BC
If you’ve never conducted currency exchange in Victoria, you may not be aware of all the options available for this type of financial service.
Here are some of popular locations:
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Victoria International Airport (YYJ) currency exchange services
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Hotel money transfer services
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Currency exchange kiosks
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Bank foreign exchange services
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Currency exchange brokers
While each option is reputable, they may not help you save the most money possible. The services mentioned above will complete your foreign income transfer successfully, but in the process, you may end up paying higher fees and receiving a substandard rate.
However, at KnightsbridgeFX, our staff is tasked with finding the lowest rates available for Canadian consumers, particularly for larger transaction volumes (transfers totalling $5,000 or more).
Currency conversion rates are usually charged at 2-3% at most banks. However, we only charge half a percentage of our client’s transfers, saving you up to thousands of dollars in the process!
Knightsbridge’s services are incredibly beneficial for Victoria residents who have international business ventures, tuition fees, or any other high-volume money exchange.
The Benefits of Using Knightsbridge Foreign Exchange in Victoria, BC
At KnightsbridgeFX, we ensure that we provide the best exchange rate available in Canada. In fact, we contact the banks on a regular basis to analyze our rates, so we still have the best offer around!
However, in addition to receiving low exchange rates, potential customers can also experience the following benefits:
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Security
Our services are regulated by FINTRAC to prevent fraudulent activity during transactions. We also retain a $1,000,000 safety net for enhanced consumer protection.
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Quick Delivery
Customers receive their funds on the same day they process their transaction and no later than the following day if they do so after their bank’s cut-off time.
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Transparency
We send all of our clients an exchange rate confirmation before processing their funds to ensure they aren’t blindsided by hidden fees and deductions on their accounts.
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Convenience
It only takes a few minutes for customers to complete their registration and booking, and they’ll receive their funds on the same day.
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Quality Customer Service
Our customer service agents are friendly and offer streamlined assistance. Customers can call our toll-free number and receive extra help if needed!
Why Choose KnightsbridgeFX for Currency Exchange in Victoria?
Banks are great but they can fall short on their foreign exchange services. Customers will often end up paying overinflated fees so that the bank can avoid paying their operational costs.
At KnightsbridgeFX, though, you’ll receive rates that are 2.5% lower than any Canadian bank.
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 Victoria
Canadian consumers have been exchanging their funds into foreign currency with KnightsbridgeFX since 2009. Over the last 14 years, we’ve assisted over 130,000 customers convert their funds. We want to help you, too!
You can contact us over the phone to receive your free quote and go over the next steps of our transfer process.
To get in touch with one of our brokers, you can call the below numbers:
Toll-Free: 1-877-355-5239
Victoria Office: (877) 355-5239
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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