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Customers will no longer have to struggle to find the actual Canadian Dollar exchange rates today in Chennai. 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 Canadian Dollar exchange rates today in Chennai. 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 Chennai 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. Product delivery is done at our branches or at all Axis Bank and ING Bank branches, our nation-wide banking distribution partners.
Unlike other foreign exchange dealers that exploit customers by basing their charges on daily rates or “today’s CAD rate in Chennai”, BookMyForex’s offerings are more customer-oriented in terms of price and convenience. The norm of “today’s CAD rate in Chennai” for basing forex rates only benefits the currency exchangers and earns them higher revenues. Because the CAD is traded across the world electronically just like stocks, its prices also fluctuate. Customers are simply being taken for a ride and exploited, when foreign exchange dealers base their forex rates on “today’s CAD rate in Chennai”. Little do customers know that in the the name of “today’s CAD rate in Chennai”, the rates charged by the currency exchanger are higher because they have to protect themselves from any losses owing to CAD price fluctuation on account of the CAD being traded globally just like any other financial security. Using it’s strong IT infrastructure to its advantage, BookMyForex offers far better options to customers
A pioneer in the forex markets in India, Mr. Sudarshan Motwani founded BookMyForex to overcome the challenges of a disorganized forex market, widely fluctuating prices and lack of uniformity in forex products and regulations in India. Mr. Motwani successfully established and ran the Foreign Exchange division at some of India’s leading banks and therefore has the expertise to turn things around in the current market scenario. Our services are already available online across India.
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