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Customers looking for forex rates have to constantly struggle to find the actual Bangladesh Taka rates today in Banswara. 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 Bangladesh Taka exchange rates today in Banswara. So customers can either buy forex at live rates or select the 'Freeze the rate' option on our website to lock-in the Bangladesh Taka exchange rates today in Banswara and exchange their currency at that rate within three days. We also offer other forex related products that include BDT currency notes, BDT forex cards, BDT traveler's cheques, as well as money transfer and remittance services through BDT wire transfers and BDT demand drafts. Orders can be collected at our branches or at locations of our partnering RBI authorized exchange companies/ banks, in Banswara.
While BookMyForex's charges are based on live rates, other currency exchangers base their charges on 'daily rates' or 'today's BDT rate in Banswara' which are much higher. Charging 'today's BDT rate in Banswara' provides a cushioning effect to avoid incurring losses due to BDT price fluctuation in the market because just like stocks BDTs are also traded electronically across the globe like any other financial security. Being a technology company our offerings go beyond the standard 'today's BDT rate in Banswara'. Other foreign exchange dealers in Banswara are simply exploiting the customers through the concept of a static 'today's BDT rate in Banswara. Most money changers charge a fixed rate for a particular currency on a given day, whereas actually the BDT rates fluctuate constantly all through the day, as is the case with stocks in a stock exchange. In the name of 'today's BDT rate in Banswara', most currency exchange companies charge higher rates for forex so they can cushion themselves in case of losses owing to BDT 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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