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Customers looking for forex rates have to constantly struggle to find the actual Australian Dollar rates today in Patiala. 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 Patiala. Customers have the choice to book their order at live rates or at Australian Dollar exchange rates today in Patiala 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.
Customers are simply being taken for a ride and exploited, when foreign exchange dealers base their forex rates on “today’s AUD rate in Patiala”. Little do customers know that in the the name of “today’s AUD rate in Patiala”, the rates charged by the currency exchanger are higher because they have to protect themselves from any losses owing to AUD price fluctuation on account of the AUD being traded globally just like any other financial security. While BookMyForex’s charges are based on live rates, other currency exchangers base their charges on ‘daily rates’ or “today’s AUD rate in Patiala” which are much higher. Charging “today’s AUD rate in Patiala” 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. Using it’s strong IT infrastructure to its advantage, BookMyForex offers far better options to customers
A pioneer in the forex markets in India, Mr. Sudarshan Motwani founded BookMyForex to overcome the challenges of a disorganized forex market, widely fluctuating prices and lack of uniformity in forex products and regulations in India. Mr. Motwani successfully established and ran the Foreign Exchange division at some of India’s leading banks and therefore has the expertise to turn things around in the current market scenario. Our services are already available online across India.
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