If you are here while searching for Currency Exchange Near Me then you are on the right page. When traveling abroad, you may need to exchange your foreign currency. There are currency exchange locations in every city, from airport kiosks to banks. To find the nearest exchange, use Google Maps. You can zoom in on specific regions or view the full-sized map for a more detailed search. 

Currency exchange rates vary significantly. Choosing the best rate can save you a significant amount of money. For example, a one-to-two percent difference in a currency exchange can mean thousands of dollars. This difference can be substantial when making a large transaction.

Currency exchange services may charge high fees or add a markup to the exchange rate. Before you use a foreign exchange service, check the mid-market rate, terms, and conditions of service, and ask for the exact amount after fees are deducted. Some companies offer a free currency exchange service for transactions of $300 or more. 

Banks also offer currency exchange services, but you may don’t want to exchange your currency there. Most people unknowingly choose banks as they are generally considered trustworthy but you will be shocked to know that it is one of the biggest misconceptions. Yes, you read it right banks have really bad and terrible exchange rates. They play psychological games very smartly and make people fool. 

Another catch is they provide the respective services only to their account holders. If you don’t have an account with a particular bank, then they will charge you a hefty amount in the name of random XYZ convenience fees. Apart from that, you should also avoid using bank ATMs as you will be charged very high fees again in the name of transaction charges and they generally have bad interbank exchange rates. And you will get to know them all when you finalize your transaction.

Our Recommendation

If you live in Surrey or Abbotsford, you should try Columbia Currency Exchange. It is amongst the best currency exchanges that you can find while searching for currency exchange near me. We are recommending this exchange just in case you want to make the most of your exchange. If you are worried about its authenticity, then there is no need to worry as it is Fintrac regulated. It offers you better rates than banks. Apart from that, they don’t charge any hidden fees. With them, you can exchange more than 70 countries' currencies. Need more? Visit their official website for more information, or if you are just nearby, visit the branch right now.