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Tips for Canadians Studying in the US or Abroad

Where to Get the Best Exchange Rate for Canadian Dollars

It’s probably your first time visiting Canada, and you are contemplating where to get the best exchange rate for Canadian dollars. Canada is a great country to visit, thanks to its exciting cities and spectacular natural sites. While Canada shares many similar things with the United States, it doesn’t share the same currency. Therefore, visitors […]

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How to Transfer Money Online Without a Debit Card?

Sending money from one country to another can be very easy and affordable when you know how to transfer money online. We live in a technology-driven world, and you can access a digital banking app or website that offers international money transfers. The good news is, you must not have a debit card to send […]

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How to Calculate Real Exchange Rate with Inflation?

If you know how to calculate the real exchange rate of USD to CAD, you can quickly find out the purchasing power of your currency against another. An exchange rate is the rate at which an individual can exchange one currency for another at a particular time. There are different types of exchange rates, including: […]

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Self Employment Tax Canada - KFX Blog

An Introduction to Self-Employment Tax in Canada

Individuals with an entrepreneurial mindset can often find ways to generate income by running their own business and starting a company. While this goes against the traditional wealth goal of finding a job, in can prove to be very lucrative assuming the right amount of work gets put in. With that being said, self-employed entrepreneur […]

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Commodity Currency - KFX Blog

Forex Investing: A Short Guide to Commodity Currencies

Unlike a precious metal like gold or silver, a commodity currency is slightly more complex than just a simple commodity on its own. At its most basic definition, a commodity currency is money that is strongly influenced by the price movements of one main commodity.  In other words, if a commodity currency’s underlying commodity declines […]

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Canada Real Estate - KFX

How to Buy Real Estate in Canada as a Non-Resident

It’s a common practice for many foreigners living in Canada to want to purchase their own properties on Canadian soil. Fortunately due to some fairly relaxed laws, buying and retaining ownership of real estate in Canada is certainly feasible. If you’re an expat, international traveller, global scholar, or a foreign investor, you may be looking […]

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canadian dollar update - knightsbridge fx

The 5 Best Online U.S. Bank Accounts to Open

With much gratitude for modern day technological advancements, the conventional banking system has been permanently disrupted for the better. If you can’t see yourself walking into a bank branch to register an account, you’ll be glad to hear that nowadays bank registering methods are much more convenient. With a steadily rising demand for more banking […]

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moneytransfercost

What Fees You Can Expect When Receiving Money in Canada

Whenever you’re dealing with international money transfers, whether they are inbound or outbound, they are subject to certain costs or fees. After all, currency conversion and money transfers are the “bread and butter” of a foreign exchange service, and using these platforms cost money to use. Different foreign exchange companies deal with different cost structures […]

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KFX - COVID19 Mask Travel

Best Practices for Travelling Internationally During COVID-19

It’s important to commit a few basic COVID-19 considerations and best safety practices to memory before embarking on an international journey. The COVID-19 situation is rapidly developing all around the globe and country-specific updates are coming in at a very fast rate. Whether you need to travel for business or leisure, make a conscious effort […]

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KFX Blog - IMT

How to Send an International Money Transfer from Canada to USA

When you’re seeking to understand the different service offerings provided by foreign exchange institutions, such as Assiniboine Credit Union, it’s important to get a firm grasp of the essentials. At the end of the day, any forms of payment that extend across national borders undergo a mandatory conversion process. In North America, you can occasionally […]

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