1 GBP+KANP = 96.7669 INR Interbank/ mid-market Rate at: 2022-05-21 01:02:24
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Customers looking for forex rates have to constantly struggle to find the actual British Pound rates today in Kanpur. This is because most of the rates you see online are just interbank or base rates, which aren't actual currency exchange rates. But now live and real time British Pound exchange rates today in Kanpur are available 24*7 on BookMyForex's website for all to see. So customers can either buy forex at live rates or select the 'Freeze the rate' option on our website to lock-in the British Pound exchange rates today in Kanpur and exchange their currency at that rate within three days. We also offer other forex related products that include GBP currency notes, GBP forex cards, GBP traveler's cheques, as well as money transfer and remittance services through GBP wire transfers and GBP demand drafts. Orders are delivered at our own branches or at the branches of our channel partners. Customers can even choose to have their order home-delivered.
Customers are simply being taken for a ride and exploited, when foreign exchange dealers base their forex rates on 'today's GBP rate in Kanpur'. Little do customers know that in the the name of 'today's GBP rate in Kanpur', the rates charged by the currency exchanger are higher because they have to protect themselves from any losses owing to GBP price fluctuation on account of the GBP being traded globally just like any other financial security. Being a technology company our offerings go beyond the standard 'today's GBP rate in Kanpur'. Other foreign exchange dealers in Kanpur are simply exploiting the customers through the concept of a static 'today's GBP rate in Kanpur. Most money changers charge a fixed rate for a particular currency on a given day, whereas actually the GBP 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 GBP rate in Kanpur' therefore, is just a means to exploit the customer.
Mr. Sudarshan Motwani established BookMyForex in 2012 with a vision to make the foreign exchange market more organized and transparent in India. Equipped with the expertise of having successfully set up and run the Foreign Exchange division at some of India's leading banks, the challenge of setting up a Company that would revolutionize the entire forex market in India, was not daunting for him. Our services can be accessed online across India.
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