Great Opportunities for Currency Exchange in Sydney Nova Scotia

Fortunately there is no shortage of different options for those looking for currency exchange in Sydney. If you were to break every provider down into their essential capabilities, they tend to fall into one of three groups: banks or credit unions, retail franchises or independent brokers. Each one of these groups comes alongside positive and negative attributes that define them. Ideally, foreign exchange customers that want the best deal on currency conversion should seek out the service that best suits their needs. Traditionally, most people seeking currency exchange in Sydney just want to go to their bank because they are comfortable with their service platform. In some cases, they will follow through with bank prices even if it means sacrificing the chance to obtain the best currency exchange rates in Sydney. To be completely honest, you’re more likely to get the best foreign money exchange rates in Sydney or the best USD exchange rates in Sydney at an independent broker or franchise. With that being said, the independent FX brokerage may not be well known, and may not be properly regulated by governing finance boards. The optimal way to avoid overpaying and putting your personal information at risk is by using KnightsbridgeFX. At KBFX, we have over 100 positive testimonials from real customers – just look us up on Google reviews!

Saint-Pierre Airport Exchange Close to Sydney

Is your top priority for your currency conversions to find the best currency exchange rates in Sydney? If so, you’d want to weigh the value of convenience versus cost in your head to decide which one is more important. Airports are certainly convenient because they feature so many foreign exchange booths inside, but they do come with a harsh drawback. Airports typically have some of the worst exchange pricing in the industry, and they are a long way away from providing the best foreign exchange rates near Sydney. The nearest international airport to residents of Sydney is Saint-Pierre Airport, and it’s very far – about 300 kilometers away. If you forget to do your exchange beforehand, you’ll be faced with considerably fewer options to book a last minute dollar conversion. To break things down further, exchange brokers in an airport are charged extremely high costs to lease space and continue operating. In turn, this greatly increases their operating expenses thus forces them to charge higher rates. Airport exchange booths primarily count on having last-minute, forgetful, or convenience seeking customers to make up their consumer base and keep them in business. If your goal is to save as much money as possible on an exchange, it’s recommended that you seek better alternatives.

Public Exchange Kiosks in Sydney and Cape Breton

While you’re out and about you can naturally encounter other options for currency exchange in Sydney. These currency conversion establishments are in the form of public exchange kiosks or small storefronts that offer dollar conversions. Generally you could find a handful of these scattered around areas like shopping malls, high-volume tourist locales, and hotels with overnight accommodation. It’s important to keep in mind that these are still physical retail locations and have costs associated with running them, like building maintenance and property fees, that can result in marked-up rates to compensate. As a result, if you want the best USD exchange rates in Sydney or the best foreign money exchange rates in Sydney you need to seek a provider that best mitigates these costs. Another important consideration that you need to make at a public exchange kiosk is the premium charged for cash. Most of these exchange services offer quick cash-in-hand conversions, but that typically comes at a greater price than a digital transfer.

Exchanging Canadian Dollars at Sydney Banks

It’s commonly understood that banks take up the majority of the business for currency exchange in Sydney, and many people believe that paints a picture of the bank being an ideal choice. Truthfully, it depends what you’re after. While bank currency exchange services are comforting, familiar, and convenient, don’t let those features distract you from the price at the end of the day. Banks won’t provide you with the best foreign money exchange rates in Sydney or even the best USD exchange rates. You also won’t get the base exchange rates that you’d typically come across in finance magazines or the news. Rather, they mark up their rates by quite a bit, usually as much as 3%, which can take a big chunk of change out of your pocket. In addition to featuring unfavourable rates, banks also have a habit of charging you service fees and other flat charges. If your goal is the best currency exchange rates in Sydney, then it may be wise to look towards an exchange provider such as Knightsbridge Foreign Exchange. Not only do we provide extremely competitive exchange rates in Sydney, but we never charge any flat fees for the service. With KBFX, you only pay the exchange rate shown.

New Age Currency Exchange: Online Digital FX Brokers

Exchange franchises and independent brokers have tried an endless number of ways to draw in more Sydney customers through the door. Two of the methods they use are offering customers delayed or installed payments along with lowering your rates based on the amount you’d like exchanged. To stay competitive, some foreign exchange establishments will lower your exchange rate the more you transact. However, if these companies still can’t offer the best USD exchange rates in Sydney or the best foreign money exchange rates in Sydney, then their savings to you will be negligible. At Knightsbridge Foreign Exchange, our top priority is to get our customers in Sydney the best exchange rates possible – with a rate-match guarantee on top of that. We’re able to do that by keeping our overhead as low as possible and passing down our savings to you in the form of low prices. We don’t pay to lease space on any physical stores and deal exclusively in electronic transfers, granting you the ability to choose exactly where and when you get your cash.

Which Company Will Give the Cheapest Foreign Exchange in Sydney?

At Knightsbridge Foreign Exchange, our customers save an average of 1-2% on their exchanges versus the leading major Canadian banks or exchange providers, and that’s a fact that we’re very proud of. If you need to exchange $100,000 then that 2% savings would keep an additional $2,000 in your pocket! That’s a big difference and not money you should just throw away, especially when you can choose Knightsbridge Foreign Exchange as the easiest and most customer-friendly method for currency exchange in Sydney. If you want to see for yourself, call us, and then call your bank right afterwards for their prices to see that our deals are more beneficial. We’re more than confident you’ll see we have Sydney’s most competitive exchange rates.

Some Background Info on Sydney, Nova Scotia

Sydney, Nova Scotia (formerly a city) is a population centre of about 32,000 people on Cape Breton’s east coast. It was initially founded and claimed in 1785 by English settlers, and then became an incorporated city in 1904 before it was dissolved into a Cape Breton community in 1995. Once Sydney’s city status was revoked it rejoined the Cape Breton Regional Municipality. The area experienced significant population growth during the early 20^th century, because Sydney was used as a staging zone for English ships and convoys. After the war, Sydney became the birthplace for SYSCO (Sydney Steel Corporation) which rapidly expanded and became the largest source of employment in the area. Nowadays, much of Sydney’s population migrated out and the city’s economy consists of support call centers and tourism.

If you consider yourself an avid user of currency exchange, then you must know the benefits of having a reliable source for currency exchange. We invite you to call us at 1-877-355-5239 and we’ll tour you through our simple process with a no-obligation quote. You can also apply online in just a few minutes!

To find other cities serviced by Knightsbridge please visit the Currency Exchange in Canada page.

5 THINGS YOU PROBABLY DIDN’T KNOW ABOUT SYDNEY, NS

• SYSCO in Sydney rapidly grew to become one of the world’s largest steel manufacturing plants
• Open Hearth Park in Sydney hosted an Aerosmith concert in 2014
• Sydney is the largest commercial area in Cape Breton
• Stanley Cup winner Paul Boutilier was born in Sydney, Nova Scotia
• The former premier of Nova Scotia, John Buchanan, was raised in Sydney