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PNC Bank Foreign Exchange

Calculate your savings now with our currency calculator and see how much more you can save compared to PNC Bank’s foreign exchange rates!

Use the currency calculator to see how much more you could receive by choosing KnightsbridgeFX instead of PNC.

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What You Need to Know About PNC Bank Foreign Exchange Services

If you’re considering PNC Bank for your foreign exchange needs, it’s essential to understand what they offer and how their rates compare to other options.

PNC offers a variety of foreign exchange transactions, including:

  • International payments and receipts
  • Online banking foreign currency platforms
  • Multicurrency accounts
  • Foreign currency risk management
  • Foreign currency loans

While PNC Bank is a major financial institution with over 2,500 PNC branches across the U.S., it does not publish its foreign exchange rates online. To access its rates or services, you typically need to contact its sales or trading desks by phone.

How Competitive Are PNC Bank’s Foreign Exchange Rates?

When exchanging currency, it’s essential to understand that there is only one actual exchange rate—the mid-market rate, the real rate used by banks and financial institutions when trading currencies.

However, banks like PNC Bank add hidden fees by marking up this rate, meaning the rate you get as a customer is less favorable. This markup is how banks earn revenue from foreign exchange, but it also means you pay more in transaction fees.

There is no such thing as a 0% commission—the fee is embedded in the exchange rate you receive.

To help you understand the difference this makes, here’s an example comparing PNC Bank’s estimated exchange rate to what you could receive with KnightsbridgeFX:

  • Transaction Amount
    Amount You Receive from PNC Bank
    Amount You Could Receive with KBFX
    Savings with KBFX
  • Send $1,000 USD to CAD
    C$1,280 (example)
    C$1,310 (example)
    C$30
  • Send C$1,000 CAD to USD
    $735 (example)
    $745 (example)
    $10

Note: These figures are illustrative and based on typical market conditions. Actual rates vary daily.

Alternatives to PNC Bank Foreign Exchange Services

Canadians looking to exchange currency have many options beyond PNC Bank, including the five major Canadian banks and specialized providers like KnightsbridgeFX.

Unlike PNC Bank, KnightsbridgeFX offers:

  • Transparent, competitive rates based on the actual mid-market exchange rate (also known as the interbank rate).
  • No hidden fees—what you see is exactly what you get.
  • Convenient online tools that make currency exchange quick and easy.
  • Personalized support from a dedicated team for large or regular transfers, ideal for exporters and businesses needing efficient cross-border payments.
  • Local Canadian support in all major cities.

Many customers lose money unknowingly by accepting unfavorable exchange rates from banks when converting U.S. dollars, which hide fees in their rates.

With KnightsbridgeFX, you get clear, upfront pricing and better value on every transaction.

How to Access PNC Bank Foreign Exchange Rates

Since PNC Bank does not list exchange rates publicly, the best way to find out their rates is to contact your PNC local branch or their trading desk directly.

Keep in mind:

Orders for foreign currency may take 24 to 48 hours to process, with delivery often by the next business day.

PNC Bank may charge markups that are not immediately visible.

Larger currency orders could involve additional waiting time during busy periods.

Why Choose KnightsbridgeFX Over PNC Bank?

At KnightsbridgeFX, we believe currency exchange should be:

  • Transparent
    We show you the real-time mid-market rates with no hidden fees.
  • Cost-effective
    We guarantee better rates than PNC Bank for amounts over $5,000.
  • Convenient
    Book your transactions online or by phone, with quick processing times to streamline your cash flow.
  • Trustworthy
    We are a Canadian company with local support and excellent customer service.

Ready to see how much you can save?

Ready to Leave PNC Bank behind?

If you’re ready to get better exchange rates, fewer fees, and personalized service, create a free account with KnightsbridgeFX today and start saving on your next currency exchange.

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