1 GBP+KAPU = 101.919 INR Interbank/ mid-market Rate at: 03-10-2023 04:58:23
It is next to impossible for customers to find the actual British Pound exchange rates today in Kapurthala especially on the Internet. Unlike other websites that provide only the interbank rate or base rate, BookMyForex now provides live and real time British Pound exchange rates today in Kapurthala. Through BookMyForex customers can buy/ sell currency either at live rates or by locking in the live British Pound exchange rates today in Kapurthala by using the 'Freeze the rate' option on our website. We provide the entire gamut of forex related products & services that include GBP currency notes, GBP forex cards, GBP traveler's cheques, money transfer and remittance services. Product delivery is done at our branches or at all partnering locations across India. Orders can also be home-delivered free of cost.
Unlike other foreign exchange dealers that exploit customers by basing their charges on daily rates or 'today's GBP rate in Kapurthala', BookMyForex's offerings are more customer-oriented in terms of price and convenience. The norm of 'today's GBP rate in Kapurthala' for basing forex rates only benefits the currency exchangers and earns them higher revenues. Because the GBP is traded across the world electronically just like stocks, its prices also fluctuate. While BookMyForex's charges are based on live rates, other currency exchangers base their charges on 'daily rates' or 'today's GBP rate in Kapurthala' which are much higher. Charging 'today's GBP rate in Kapurthala' provides a cushioning effect to avoid incurring losses due to GBP price fluctuation in the market because just like stocks GBPs are also traded electronically across the globe like any other financial security. 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 Kapurthala' 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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