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Actual Australian Dollar exchange rates today in Karaikudi have never been easy to find until now. Unlike other websites that provide only the interbank rate or base rate, BookMyForex now provides live and real time Australian Dollar exchange rates today in Karaikudi. Customers have the choice to book their order at live rates or at Australian Dollar exchange rates today in Karaikudi 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 or they can have the order home-delivered free of cost.
Unlike other foreign exchange dealers that exploit customers by basing their charges on daily rates or “today’s AUD rate in Karaikudi”, BookMyForex’s offerings are more customer-oriented in terms of price and convenience. The norm of “today’s AUD rate in Karaikudi” 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 Karaikudi” which are much higher. Charging “today’s AUD rate in Karaikudi” 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 Karaikudi” 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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