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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 was established by Mr. Sudarshan Motwani in 2012 to address exactly these challenges. He has successfully established and run the Foreign Exchange division at some of the most renowned banks in India in the past.
Finding the Canadian Dollar exchange rates today in Batala used to be a challenge until BookMyForex came into the picture. It is only BookMyForex that now provides live and real time Canadian Dollar exchange rates today in Batala. BookMyForex also allows you to lock-in the live Canadian Dollar exchange rates today in Batala to exchange currency. Most websites and currency exchangers provide only the base rate/ interbank rate as “today’s CAD rate in Batala”, which is not really the rate at which currency is exchanged. Through the practice of “today’s CAD rate in Batala” 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 Canadian Dollars are traded electronically worldwide. So the concept of “today’s CAD rate in Batala” 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 offerings of forex and related services are already available across the country and include currency exchange, CAD currency notes, CAD forex cards, CAD traveler’s cheques or remittance products such as CAD demand drafts and CAD 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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