FINTRAC-registered · MSB M23907027

Currency exchange in Toronto

Live interbank pricing on 15 currencies. No commission, no hidden markup, settled the same day — on Yonge Street, serving all of Toronto and the GTA.

International wires

Send to family, schools or suppliers worldwide. Documented, traceable, out the same business day.

Start a wire →
1 CAD = 0.6959 USD
You receive
34,797.13
  • SettlesSame business day
  • CommissionNone
  • At a big bankUSD 34,447.43
You save USD 349.70 compared with a big bank
Lock this rate

Indicative, from the desk's live board. The bank comparison assumes an all-in spread of 2.5% against the interbank mid. Your rate is fixed when you book.

Live rates

Straight from the dealer's board, updated 2:50 p.m. on Oct 16.

All 15 currencies →
Registered with FINTRAC as a Money Service Business
No commission, no hidden markup
Same-day settlement by wire, cash or EFT
A real dealer answers the phone

Keep up to 2% more than at the bank

Banks hide a markup of two to two and a half percent inside the rate, then call the exchange free. We quote off the interbank mid and show you the difference.

You send CAD 10,000.00 Recipient gets (USD)
Mid-market rate Reference — what banks trade at
7,066.14
Diplomat Exchange No commission
6,959.43
Typical big bank Est. 2.5% hidden in the rate
6,889.49

Indicative, from today's live board. The bank figure assumes a typical all-in spread of 2.5% against the mid-market rate; your bank's may differ.

Currencies we trade

Full rate board →

Everything you need to move money

Currency exchange

USD, EUR, GBP, AED and a dozen more quoted off the interbank mid with no commission — cash across the counter or straight to your account.

International wires

Funds to family or suppliers anywhere in the world: documented, traceable, and out the door the same business day.

Tuition payments

Canadian and overseas institutions paid on deadline, with the reference and student ID attached so the registrar can match it.

Gold, silver and platinum

Bullion bought and sold against the live metals board, settled by cheque with receipt, EFT, or cash by arrangement.

Business & import payments

Volume pricing and standing schedules for Toronto importers, exporters and professional firms working across borders.

Three steps. Same day.

01

Quote

Call or message the desk with the amount and the pair. The rate is quoted live off the mid, with no obligation.

Under five minutes
02

Verify & lock

Government ID, and source of funds on larger amounts — the FINTRAC file we are required to keep. The rate is then fixed.

Same day
03

Settle

Send by cash, debit, e-transfer, EFT, cheque or wire. Converted funds go where you direct them, confirmed in writing.

Same day by wire
Serving Toronto

Our home turf: North York.

On Yonge Street just north of Steeles — minutes from Yonge & Finch and the rest of North York. Clients come up Yonge from Sheppard and Finch, or across Steeles from Bathurst and Bayview — call ahead with the amount and it is ready when you arrive.

Currency exchange in North York →
“Best rate I have found in the GTA, and the transfer landed the same afternoon. No fuss, no surprise fee at the end.”
Atena S. · Google review

Questions, answered

How much better than the bank is your rate?

Typically 1.5 to 2 percent better on CAD/USD, depending on the amount. On a 50,000 dollar exchange that is usually 750 to 1,000 dollars kept rather than paid away inside the spread.

Is Diplomat Exchange licensed?

Yes. Diplomat Exchange Inc. is registered with FINTRAC as a Money Service Business under MSB number M23907027, and follows Canadian record-keeping and reporting requirements on every transaction.

Where are you located — do you serve all of Toronto?

Yes. Our office is at 7398 Yonge St, Unit 11D, Thornhill — on yonge street just north of steeles — minutes from yonge & finch and the rest of north york. We serve clients across Toronto and the GTA, and most come from North York neighbourhoods like Willowdale, Newtonbrook, Bayview Village and Bathurst Manor.

What identification do I need?

One piece of valid government photo identification for most transactions. Larger amounts require proof of source of funds — a bank statement, sale document or similar — which we confirm when quoting.

How long does an international wire take?

Wires sent before the afternoon cut-off usually arrive within one business day, and within two for less common corridors. You receive written confirmation with the transaction reference.

Can I buy or sell gold and silver?

Yes. Bullion is quoted by phone because the metals market moves through the day, and settled by cheque with receipt, EFT, or cash by prior arrangement.

Start your exchange

Speak to a dealer.

+1 905-709-9090
Office 7398 Yonge St, Unit 11D · Thornhill, ON L4J 8J2 On Yonge Street just north of Steeles — minutes from Yonge & Finch and the rest of North York
Hours Mon–Fri 9:30–18:00 · Sat 10:00–14:00
Email info@diplomatfx.com

Request a quote

A dealer replies with a locked rate the same business day.

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