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The forex market in India has been quite disorganized and lacks proper regulations, due to which currency rates vary significantly and there is a lack of uniformity and transparency in the system. BookMyForex, a leading e-commerce website for forex, was established in 2012 by Mr. Sudarshan Motwani to plug these gaps in and streamline the market. He has earlier headed the forex function at HDFC Bank and ING Vysya Bank.
It can be quite a pain for a customer to find out the Australian Dollar exchange rates today in Bathinda. It is only BookMyForex that now provides live and real time Australian Dollar exchange rates today in Bathinda. You also have the option to lock-in the Australian Dollar exchange rates today in Bathinda to exchange currency by using the ?Freeze the rate? option on the website. Other currency exchangers and websites use the base rate or interbank rate as ?today?s AUD rate in Bathinda?, which isn?t actually the rate at which currency is exchanged. The actual rate for exchanging currency is far higher than the so-called ?today?s AUD rate in Bathinda? because the forex dealers have to keep high margins to avoid any losses on account of AUD price fluctuation in the global market. So the concept of ?today?s AUD rate in Bathinda? is in reality just a farce and a means to exploit the customers. Unfortunately it also is a standard practice in the market.
The Company?s offerings of forex and related services are already available across the country and include currency exchange, AUD currency notes, AUD forex cards, AUD traveler?s cheques or remittance products such as AUD demand drafts and AUD wire transfers.Orders are delivered at our own branches or at the branches of ING Vysya bank and Axis bank, our banking partners in India.
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