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It is next to impossible for customers to find the actual British Pound exchange rates today in Thiruvarur especially on the Internet. This is because most websites only provide the base rate or the interbank rate on their websites. With BookMyForex now in the market, this is no longer a challenge. It is the only website in India that provides live and real time British Pound exchange rates today in Thiruvarur. Customers can buy/ sell their currency at live rates or at a rate they can ‘lock-in’ using the “Freeze the rate” option on the website to avail the best British Pound exchange rates today in Thiruvarur. Our other forex related products and services include GBP forex cards, GBP traveler’s cheques, money transfer and remittance services. Customers can visit Axis Bank and ING Vysya Bank, our nation-wide banking partners, to collect their orders or they can have the order home-delivered free of cost.
While BookMyForex’s charges are based on live rates, other currency exchangers base their charges on ‘daily rates’ or “today’s GBP rate in Thiruvarur” which are much higher. Charging “today’s GBP rate in Thiruvarur” 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. Being a technology company our offerings go beyond the standard “today’s GBP rate in Thiruvarur”. Other foreign exchange dealers in Thiruvarur are simply exploiting the customers through the concept of a static “today’s GBP rate in Thiruvarur. 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. In the name of “today’s GBP rate in Thiruvarur”, most currency exchange companies charge higher rates for forex so they can cushion themselves in case of losses owing to GBP price fluctuation.
The very purpose of setting up BookMyForex was to tackle the challenges of a disorganized forex market such as the widely fluctuating prices and lack of uniformity in forex products and regulations in India. Having successfully established and run the Foreign Exchange division at some of India’s leading banks, Mr. Sudarshan Motwani, our CEO, took the challenge head-on. Our services are already available across India on our website.
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