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The forex market in India has been quite disorganized and lacks proper regulations, due to which currency rates vary significantly and there is a lack of uniformity and transparency in the system. Mr. Sudarshan Motwani, who has headed the foreign exchange function at some of the leading Indian Banks, established BookMyForex in 2012 to address these issues and streamline the forex business in the country.
It can be quite a pain for a customer to find out the Bahraini Dinar exchange rates today in Kanpur. But not anymore - Live and real time Bahraini Dinar exchange rates today in Kanpur are now available on BookMyForex for currency exchange. You also have the option to lock-in the Bahraini Dinar exchange rates today in Kanpur to exchange currency by using the 'Freeze the rate' option on the website. Other currency exchangers and websites use the base rate or interbank rate as 'today's BHD rate in Kanpur', which isn't actually the rate at which currency is exchanged. Through the practice of 'today's BHD rate in Kanpur' the rates actually charged by other currency exchangers are much higher since they have to cushion themselves against losses on account of currency fluctuation, since like any other financial security the Bahraini Dinars are traded electronically worldwide. So the concept of 'today's BHD rate in Kanpur' is in reality just a farce and a means to exploit the customers. Unfortunately it also is a standard practice in the market.
The complete range of forex products offered by the Company includes BHD currency notes, BHD forex cards, BHD traveler's cheques or remittance products such as BHD demand drafts and BHD wire transfers.Orders are delivered by our own branches or by exchange companies that partner with us
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