1 GBP+MAR = 101.1987 INR Interbank/ mid-market Rate at: 04-10-2023 21:28:09
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. 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.
Finding the British Pound exchange rates today in Margao 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 Margao to exchange currency. You also have the option to lock-in the British Pound exchange rates today in Margao 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 Margao”, 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 Margao” to hedge against any GBP price fluctuation in the global market. So the concept of “today’s GBP rate in Margao” 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 entire suite of forex products includes 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 all Axis Bank and ING Vysya Bank branches, which are our PAN India banking partners.
So click below to use our interactive order entry cart and get started …