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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 kalikapur used to be a challenge until BookMyForex came into the picture. BookMyForex is the first portal in India that provides live rates and actual British Pound exchange rates today in kalikapur to exchange currency. You also have the option to lock-in the British Pound exchange rates today in kalikapur 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 kalikapur', 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 kalikapur' to hedge against any GBP price fluctuation in the global market. So the concept of 'today's GBP rate in kalikapur' is in reality just a farce and a means to exploit the customers. Unfortunately it also is a standard practice in the market.
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 one of our several hundred channel partner locations, across India.
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