SCARBOROUGH: Currency Exchange – (416) 479 0834

With so many foreign exchange providers in Scarborough, it can be tough to find the absolute best deal in town. As a piece of advice, it is best to avoid banks, airports, and physical cash exchanges for your currency conversion needs. These locations often charge high fees and commissions when they’re swapping your money. Often their rates can be from 2% to over 3% higher than the market rate. This means that on larger transactions you could be losing hundreds to thousands of dollars depending on the amount. This hard-earned money is better left in your pocket to spend elsewhere. If you are looking for a better deal, don’t hesitate to give Knightsbridge Foreign Exchange a call.

Knightsbridge rates are typically 2.5% better than the major banks and are guaranteed to be the most competitive around. They offer various exchange services to fit your unique needs all at an incredibly affordable price, especially if you’re looking to convert CAD to US dollars. Whether you are a business person dealing in different currencies, a snowbird, a traveler, a student, or just someone needing to convert funds for personal use, KnightsbridgeFX is there to help you save. We understand how hard you’ve worked for your money, and we believe you should keep more of it in your wallet. If you’re exchanging $10,000 at a rate that is 2% better, you will save $200 for the exact same service!

How to Receive the Cheapest Foreign Exchange Prices in Scarborough

As with any purchase, getting the best deal is all about shopping around, comparing rates and waiting for the market to turn favorable.  Those exact same tactics can be applied to currency exchange. Although you can’t rely on the market to get you the best rate at a specific time, you can still compare the mid market rate against all the FX providers you’re deciding between.  If you’re only transacting a smaller amount then it’s probably not worth the time to shop around as the savings will be minimal anyway.  In this case, any local bank or cash retail location in Scarborough would suffice – a cheaper rate on a few hundred dollars transacted would only save you a couple bucks (at best).  On the other hand, if you’re looking to exchange a larger amount, see if your bank can offer you preferential rates. It’s worth mentioning that their rates still won’t be as competitive as other specialized currency exchange vendors.  Consider looking for other service providers online who exchange money digitally by making electronic direct deposits. Online-only companies like KnightsbridgeFX will usually feature the best rates if you live in Scarborough.

Here’s why our clients love using KnightsbridgeFX for their currency exchange inquiries:

• Low overhead compared to banks
• Lower profit margins taken per exchange
• Find out the exchange rates with the banks daily without having to call
• Get a locked in and guaranteed exchange rate BEFORE you send the funds
• Benefit from the best rates since the currency exchanges are done in bulk amounts
• Advanced technology makes currency exchanges less costly
• Monitor the constant fluctuations in exchange rates

How to Send Funds From Canada to USA

Sending funds through Knightsbridge FX is a quick and simple process. There are several methods that include wire transfers, online bill payment, and account to account services where we move funds from one account to another while doing the conversion for you. Funds can be sent to any bank in Canada and the US and to some banks overseas using a system called international money transfer.

Reliable Currency Exchange Zones in Scarborough

There are a number of options for foreign exchange in Scarborough ranging from hotels, banks, malls, retail cash operations, and other independent currency exchange brokers and specialists.