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It is next to impossible for customers to find the actual Australian Dollar exchange rates today in Hosur especially on the Internet. Most websites on the net don’t provide currency exchange rates but only the interbank or base rate. However, BookMyForex has made this easy for the customers because now they can log on to our website at any point in time to see the live and real time Australian Dollar exchange rates today in Hosur. Customers have the choice to book their order at live rates or at Australian Dollar exchange rates today in Hosur that they can select by using the “Freeze the rate” option on our website. Our full suite of forex related products includes AUD currency notes, AUD forex cards, AUD traveler’s cheques and AUD money transfer and remittance services using AUD DDs and AUD wire transfers. Customers can visit Axis Bank and ING Vysya Bank, our nation-wide banking partners, to collect their orders.
While BookMyForex’s charges are based on live rates, other currency exchangers base their charges on ‘daily rates’ or “today’s AUD rate in Hosur” which are much higher. Charging “today’s AUD rate in Hosur” provides a cushioning effect to avoid incurring losses due to AUD price fluctuation in the market because just like stocks AUDs are also traded electronically across the globe like any other financial security. Unlike other foreign exchange dealers that exploit customers by basing their charges on daily rates or “today’s AUD rate in Hosur”, BookMyForex’s offerings are more customer-oriented in terms of price and convenience. The norm of “today’s AUD rate in Hosur” for basing forex rates only benefits the currency exchangers and earns them higher revenues. Because the AUD is traded across the world electronically just like stocks, its prices also fluctuate. Using it’s strong IT infrastructure to its advantage, BookMyForex offers far better options to customers
The foreign exchange market in India is fairly disorganized and there are several loopholes in the policies governing the market. Mr. Sudarshan Motwani, our CEO, who was earlier heading the foreign exchange division in HDFC Bank and ING Vysya bank, had established BookMyForex with a vision to revolutionize the forex market and make it more streamlined. Our services are already available across India.
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