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The foreign exchange market in India has been fairly disorganized, due to which there are wide fluctuations in forex rates and there is no uniformity regarding forex products and regulation. 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 Tirur used to be a challenge until BookMyForex came into the picture. It is only BookMyForex that now provides live and real time British Pound exchange rates today in Tirur. BookMyForex also allows you to lock-in the live British Pound exchange rates today in Tirur to exchange currency. Most websites and currency exchangers provide only the base rate/ interbank rate as “today’s GBP rate in Tirur”, which is not really the rate at which currency is exchanged. Through the practice of “today’s GBP rate in Tirur” the rates actually charged by other currency exchangers are much higher since they have to cushion themselves against losses on account of currency fluctuation, since like any other financial security the British Pounds are traded electronically worldwide. So the customers end up being at the losing end when “today’s GBP rate in Tirur” is the basis for currency exchange.
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.
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