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It is next to impossible for customers to find the actual Bangladesh Taka exchange rates today in Suri especially on the Internet. Most websites on the net don't provide currency exchange rates but only the interbank or base rate. However, BookMyForex has made this easy for the customers because now they can log on to our website at any point in time to see the live and real time Bangladesh Taka exchange rates today in Suri. 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 Bangladesh Taka exchange rates today in Suri. Our other forex related products and services include BDT forex cards, BDT traveler's cheques, money transfer and remittance services. Customers can visit one of our channel partner locations to collect their orders.
While BookMyForex's charges are based on live rates, other currency exchangers base their charges on 'daily rates' or 'today's BDT rate in Suri' which are much higher. Charging 'today's BDT rate in Suri' 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 Suri'. Other foreign exchange dealers in Suri are simply exploiting the customers through the concept of a static 'today's BDT rate in Suri. 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. To protect themselves from any losses on account of price fluctuation, currency exchangers keep higher margins and therefore their rates are higher. 'Today's BDT rate in Suri' therefore, is just a means to exploit the customer.
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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