Kingmark carries a selection of the major currencies around the world and offers competitive rates on cash exchanges with no service fees or commission. Customers who wish to purchase or sell foreign currencies can visit one of our three convenient locations for fast, safe and reliable service. We accept cash or debit cards (issued by Canadian institutions only) for payments of foreign currency. When paying by debit card, please ensure you are aware of your daily withdrawal limit. Contact your financial institution to increase your daily limit, if necessary.
If you wish to purchase a large amount of a foreign currency, we advise you contact us for currency stock availability before coming to a branch.
For large amounts of a foreign currency or an exotic currency we may not have in stock, we have the option of placing special orders as per customer requests. A deposit equivalent to 10% of the purchase total will be required when you place your order. There are no other service fees and the exchange rate will be fixed to the date we ordered the currency. For exotic foreign currencies we do not carry, a minimum purchase amount of CAD$5,000 equivalent is required for special orders, in addition to a deposit of 10% of the purchase.
To comply with FINTRAC (Financial Transactions and Reports Analysis Center of Canada) regulations and our own company policies, we require all customers to present a valid, government-issued photo ID for any transaction equal to or over CAD$1,000. Transactions over CAD$3,000 will require additional information, per regulations and policies. Transactions over CAD$9,500 will require 2 pieces of valid IDs.
If you are acting on behalf of a company/business, please see Corporate Services for more details.