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British Pound Rates in Aluva

The foreign exchange market in India has been fairly disorganized, due to which there are wide fluctuations in forex rates and there is no uniformity regarding forex products and regulation. BookMyForex, a leading e-commerce website for forex, was established in 2012 by Mr. Sudarshan Motwani to plug these gaps in and streamline the market. He has earlier headed the forex function at HDFC Bank and ING Vysya Bank.

British Pound exchange rates today in Aluva are not really easy to find on any website. It is only BookMyForex that now provides live and real time British Pound exchange rates today in Aluva. You also have the option to lock-in the British Pound exchange rates today in Aluva 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 GBP rate in Aluva”, which isn’t actually the rate at which currency is exchanged. Forex dealers keep a significant margin over and above “today’s GBP rate in Aluva” to hedge against any GBP price fluctuation in the global market. So the customers end up being at the losing end when “today’s GBP rate in Aluva” is the basis for currency exchange.

The Company’s offerings of forex and related services are already available across the country and include currency exchange, GBP currency notes, GBP forex cards, GBP traveler’s cheques or remittance products such as GBP demand drafts and GBP wire transfers.Orders are delivered at our own branches or at our banking partners’ branches, viz. Axis Bank and ING Vysya Bank, across India.

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