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Customers will no longer have to struggle to find the actual Bahraini Dinar exchange rates today in Balasore. 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 Bahraini Dinar exchange rates today in Balasore. 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 Bahraini Dinar exchange rates today in Balasore. Our other forex related products and services include BHD forex cards, BHD traveler's cheques, money transfer and remittance services. Product delivery is done at our branches or at all channel partner branches.
While BookMyForex's charges are based on live rates, other currency exchangers base their charges on 'daily rates' or 'today's BHD rate in Balasore' which are much higher. Charging 'today's BHD rate in Balasore' provides a cushioning effect to avoid incurring losses due to BHD price fluctuation in the market because just like stocks BHDs 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 BHD rate in Balasore', BookMyForex's offerings are more customer-oriented in terms of price and convenience. The norm of 'today's BHD rate in Balasore' for basing forex rates only benefits the currency exchangers and earns them higher revenues. Because the BHD is traded across the world electronically just like stocks, its prices also fluctuate. In the name of 'today's BHD rate in Balasore', most currency exchange companies charge higher rates for forex so they can cushion themselves in case of losses owing to BHD price fluctuation.
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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