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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.
Finding the British Pound exchange rates today in iritty used to be a challenge until BookMyForex came into the picture. It is only BookMyForex that now provides live and real time British Pound exchange rates today in iritty. You also have the option to lock-in the British Pound exchange rates today in iritty 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 iritty', which isn't actually the rate at which currency is exchanged. The actual rate for exchanging currency is far higher than the so-called 'today's GBP rate in iritty' because the forex dealers have to keep high margins to avoid any losses on account of GBP price fluctuation in the global market. So the customers end up being at the losing end when 'today's GBP rate in iritty' 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 by our own branches or by the branches of our channel partners in India.
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