BUY CURRENCY
How To Buy Currency In A Branch
Finding the best options for exchanging your currency as you travel can be difficult.
You could stop into a local bank, either before you leave or when you arrive at your destination, and get money in the currency you want to spend.
With Thamor FX, you can access any one of our six convenient branches in and around Toronto. This allows you to buy currency as you’re on your way out of town, as you’re on your way from the airport, or anytime you need to exchange currency.
Here’s what you need to know about buying currency in a Thamor FX branch:
Available Currencies
Thamor FX offers exchanges of a variety of currencies either into or from Canadian dollars.
This gives you the flexibility to exchange the money you have in your pocket to get the currency you need to pay for goods and services.
The currencies available for exchange at Thamor FX branches include:
⦁ Singapore dollars
⦁ Euros
⦁ Indian rupees
⦁ Sri Lankan rupees
⦁ Australian dollars
⦁ Great British pounds
⦁ Danish kroner
⦁ Swiss francs
⦁ Canadian dollars
⦁ United States dollar
⦁ Norwegian kroner
Book your exchange rate in advance on the Thamor FX website, then head into your chosen branch to pick up your money. It’s that easy!
How To Pay For Your Exchange
Not only is buying currency convenient with Thamor FX’s six branches in the greater Toronto area, but it’s easy to pay for your transfer.
You certainly can bring cash into the branch and exchange it directly for another currency. However, if you don’t usually carry cash, you don’t need to worry about stopping by the nearest ATM to take out enough cash to make your currency exchange.
If cash isn’t your thing, you also can pay for your exchange with your debit or credit card.
This makes it any currency exchange painless, allowing you to exchange even large amounts of money.
Things To Know Before You Buy
Buying currency has gotten quicker and easier than it used to be, and Thamor FX aims to make it as hassle-free and inexpensive to you as possible.
Here are some things you should know before you buy currency at a Thamor FX branch:
Does Thamor FX Charge Extra Fees?
No. There are no hidden fees or service fees for exchanging money at Thamor FX. Just lock in your rate online and drop into your chosen branch to pick up your money.
Do I need to bring identification or paperwork with me to pick up my money?
To ensure that we’re giving the right money to the right person, Thamor FX does reserve the right to ask for additional identification or documentation when you pick up your currency. That means you should plan to bring with you a photo ID or other proof of your identity.
How do Thamor FX’s exchange rates compare?
The exchange rates you’ll find at Thamor FX are among the best you’ll find at a currency exchange site in Toronto. This means you get more of the currency you want without spending a lot.
Buy Currency for Great Rates at Thamor FX
Exchanging your currency doesn’t have to be a hassle. And with Thamor FX, it only takes a few minutes. Just book your rate, stop in, and walk out with your money – Simple!
SELL CURRENCY
How to Sell Currency in a Branch
When you’re getting ready to leave Toronto, chances are you’re finishing your trip with at least a little cash leftover.
You could keep that money as a souvenir of your trip, but isn’t that just wasting money? And waiting to exchange at the airport can be a huge headache, with long lines, tight schedules, and terrible exchange rates meaning it ends up being far more hassle than it’s worth.
Before you go, get more for your money by selling your currency at a Thamor FX branch. With six convenient locations around Toronto, you won’t have to rush to finish your transaction.
Available Currencies
Trade your Canadian dollars for a variety of other currencies, and vice versa, so you’re ready to go home with money in your pocket.
Currencies available for exchange at Thamor FX’s six branches include:
⦁ Singapore dollars
⦁ Euros
⦁ Indian rupees
⦁ Sri Lankan rupees
⦁ Australian dollars
⦁ Great British pounds
⦁ Danish kroner
⦁ Swiss francs
⦁ Canadian dollars
⦁ United States dollar
⦁ Norwegian kroner
Visit the Thamor FX website before you leave your home or hotel, book your exchange rate, and stop in to get your cash in just a few minutes. No hassle!
Fees Charged
At Thamor FX, we want to make currency exchanges as affordable as possible for our customers.
We don’t charge any fees – hidden or otherwise – to sell us your currency.
Thamor FX also offers excellent exchange rates – among the best in the greater Toronto area – giving you more money in your pocket at the end of the transaction.
Things to Know before You Sell
Selling your currency doesn’t have to be complicated or time-consuming, leaving you standing in a line looking at your watch so you don’t miss your flight. It can be as simple as locking in your rate, stopping by the nearest branch, and selling your currency.
Here are some things you need to know before selling your currency to Thamor FX:
Do I need to bring identification or paperwork with me to sell my currency?
Making secure currency exchanges is important to us at Thamor FX, so we may ask you to present some form of identification before selling your currency. To be safe, bring with you some form of photo identification or other proof of your identity when you stop by to to make the exchange.
How do Thamor FX’s exchange rates compare?
At Thamor FX, you can expect to find some of the best exchange rates anywhere in Toronto. You’ll get better rates than you’d find at many banks, airports, and other currency exchange locations. That gives you more money when you leave than you can get anywhere else.
Sell Your Currency in Toronto
Don’t head home with a whole bunch of extra money in your pocket. Exchange your Canadian dollars for the currency of your choice – at great rates – at any of Thamor FX’s six locations around Toronto. Simply book your rate, pick a branch, and sell your currency. It doesn’t get any easier!
BUSINESS EXCHANGE
How to Exchange Currency for Business
Operating a business poses challenges, but doing business internationally is its own unique animal.
If you’re doing business across borders, you have to deal with taking and making payments in different currencies. This becomes challenging if you’re making these exchanges often, and the fees can add up rapidly.
Here’s what you need to know about exchanging currency for your business at Thamor FX in Toronto:
Business Currency Exchange vs. Personal Currency Exchange
When you exchange currency as an individual, you’re likely doing it on a relatively limited basis. You may exchange money at the beginning of your trip, and then again at the end, with perhaps an additional transaction or two depending on how long you’re traveling.
This means you’re not really subjected to the constant fluctuation of the exchange rates, which can change from hour to hour and easily devalue your money.
A business, on the other hand, is frequently exchanging currency. Exchanges from one currency to another – and back again – can happen several times a day or even several times an hour.
Because of this frequent exchanging, businesses are more susceptible to the volatility in the exchange rates. What was $100 earlier in the morning may fluctuate greatly by the end of the day, making cash flow difficult to predict long-term.
Additionally, business currency exchanges require extra protections and security. This typically sends businesses to banks, which can offer security and high-volume processing.
Business Currency Exchange at Thamor FX
While many businesses utilize banks for their international currency exchanges, those come with their own challenges.
First, banks often have slower processing times. That means your money isn’t accessible as quickly as you may need, causing difficulty managing your business’s finances.
Banks also often lack a personal touch that many business owners expect from their services providers. It may be difficult to call and talk to a person who knows anything about your account, causing problems getting your questions answered and your problems solved.
At Thamor FX, on the other hand, we can offer rates similar to those at big banks, but without the slow processing times.
Rather than waiting a few days for that big transaction to hit your account, we can process your international currency exchange quickly and reliably. This allows you to better project your cash flow, keeping your business on more solid footing.
Not only that, but we offer courteous personal attention, answering your questions thoroughly and responding promptly to any problems you may have.
Exchange Rates for Business
Exchange rates vary frequently, and these changes can put your hard-earned money at risk.
At Thamor FX, we offer optimal exchange rates to our business clients, helping you keep more of your money.
International Currency Exchange for Business in Toronto
As one of Toronto’s premier currency exchange providers in Toronto, we offer our business clients exceptional exchange rates, personal service, and fast processing times. See what a difference our services can make in your international business!
CAD TO USD EXCH. RATE
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CAD to USD Exchange Rate
Are you planning on spending some time in the United States?
For Canadians who want to travel to the US, exchanging currency can be expensive and full of hidden fees.
Did you know that you should always check the CAD to USD exchange rate before you travel? If you’re curious, keep reading to find out why.
Why You Should Check the CAD to USD Exchange Rate Before Travel
Going on holiday should be a pleasant experience. Sadly before you pack your bags you may be hit with a nasty surprise.
If you don’t do your research, you’ll get less USD for your budget than you might think. If you wait till you get to an airport kiosk or ATM, you’ll be getting the worst exchange rate possible. Your bank will also charge a fee for a USD withdrawal, usually 1-3 percent.
It’s important to look at your options. For example, should you use a bank or currency exchange store?
How Banks Calculate CAD to USD Exchange Rate
You may usually check the CAD to USD exchange rate online or in the media before you travel. Did you know, however, that if you choose to use a bank this isn’t the rate you’ll get?
This is because the rate that is quoted is the “interbank rate”, i.e., the rate that banks use between themselves. This rate applies to large amounts. When you as an individual go to a bank, they will apply a retail rate.
Fees, Charges and Indirect Costs
By not disclosing the true exchange rate, the bank is able to say that there is no fee.
If you’d like to check how much a bank is making, there’s an easy way to do so. Check the interbank rate, then compare it to what your bank is offering you. The difference between these two is how they make money on your transaction.
So that banks can make money, they apply a spread to their rate. By doing so, they account for any changes in the currency markets. That retail rate is rarely favourable to you, the customer.
How Other Exchange Stores Calculate Exchange Rate
Like banks, exchange stores try to make as much as they can off of you when exchanging money.
These bureaux de change may claim to have no hidden fees. In fact, their fees are built into the rate they quote you.
Other currency exchanges may advertise an extremely good rate, but charge you a commission for each transaction. This is especially true when you change small amounts.
Exchange CAD to USD With Thamor FX
Thamor FX uses the best exchange rate, based on the market spot rate when you book. The spot rate is the current price for a specific currency on the exchange market. These rates go up or down every second.
By using Thamor FX, you can be confident that the rate you see will be the one you get.
Benefits of Using Thamor FX to Exchange CAD to USD
Choosing Thamor FX for your CAD to USD transaction has a number of benefits:
⦁ There are no service fees or hidden fees for using Thamor FX.
⦁ You get to know your rate in advance and can lock it in.
⦁ You can pick a location near you in the Greater Toronto area for pickup.
⦁ Pickup is quick and easy as you have booked in advance.
⦁ Thamor FX has branches in Brampton, Mississauga and Scarborough.