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It is next to impossible for customers to find the actual Canadian Dollar exchange rates today in Baggarpurana especially on the Internet. Most websites on the net don’t provide currency exchange rates but only the interbank or base rate. However, BookMyForex has made this easy for the customers because now they can log on to our website at any point in time to see the live and real time Canadian Dollar exchange rates today in Baggarpurana. So customers can either buy forex at live rates or select the “Freeze the rate” option on our website to lock-in the Canadian Dollar exchange rates today in Baggarpurana and exchange their currency at that rate within three days. We also offer other forex related products that include CAD currency notes, CAD forex cards, CAD traveler’s cheques, as well as money transfer and remittance services through CAD wire transfers and CAD demand drafts. 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.
BookMyForex being a technology company, its offerings go beyond the standard “today’s CAD rate in Baggarpurana”. Other foreign exchange dealers in Baggarpurana are simply exploiting the customers through the concept of a static “today’s CAD rate in Baggarpurana”. Most money changers charge a fixed rate for a particular currency on a given day, whereas actually the CAD rates fluctuate constantly all through the day, as is the case with stocks in a stock exchange. While BookMyForex’s charges are based on live rates, other currency exchangers base their charges on ‘daily rates’ or “today’s CAD rate in Baggarpurana” which are much higher. Charging “today’s CAD rate in Baggarpurana” provides a cushioning effect to avoid incurring losses due to CAD price fluctuation in the market because just like stocks CADs 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 CAD rate in Baggarpurana” 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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