How do I receive Canadian or U.S. Dollars within Canada?

When you receive Canadian or U.S. dollars from KnightsbridgeFX and the funds are being deposited into a bank account in Canada under your name, we usually send it through direct deposit, which doesn’t have any receiving fees.

If you need the funds to be sent to you by wire transfer or sent to a third party, we will cover the outgoing wire fee, but your bank may charge you a small fee to receive the wire transfer.

Direct deposit is generally the most efficient way to receive funds in Canada, and it is our default method for sending funds in Canada.