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Customers looking for forex rates have to constantly struggle to find the actual Australian Dollar rates today in jhamshedpur. This is because most websites only provide the base rate or the interbank rate on their websites. With BookMyForex now in the market, this is no longer a challenge. It is the only website in India that provides live and real time Australian Dollar exchange rates today in jhamshedpur. Customers can buy/ sell their currency at live rates or at a rate they can 'lock-in' using the 'Freeze the rate' option on the website to avail the best Australian Dollar exchange rates today in jhamshedpur. Our other forex related products and services include AUD forex cards, AUD traveler's cheques, money transfer and remittance services. Orders can be collected at our branches or at our partnering bank/ currency exchange locations, in jhamshedpur. Orders can also be delivered at home free of cost.
Unlike other foreign exchange dealers that exploit customers by basing their charges on daily rates or 'today's AUD rate in jhamshedpur', BookMyForex's offerings are more customer-oriented in terms of price and convenience. The norm of 'today's AUD rate in jhamshedpur' 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. While BookMyForex's charges are based on live rates, other currency exchangers base their charges on 'daily rates' or 'today's AUD rate in jhamshedpur' which are much higher. Charging 'today's AUD rate in jhamshedpur' 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. To protect themselves from any losses on account of price fluctuation, currency exchangers keep higher margins and therefore their rates are higher. 'Today's AUD rate in jhamshedpur' therefore, is just a means to exploit the customer.
The very purpose of setting up BookMyForex was to tackle the challenges of a disorganized forex market such as the widely fluctuating prices and lack of uniformity in forex products and regulations in India. Having successfully established and run the Foreign Exchange division at some of India's leading banks, Mr. Sudarshan Motwani, our CEO, took the challenge head-on. Our services are already available across India on our website.
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