Customers looking for forex rates have to constantly struggle to find the actual Canadian Dollar rates today in Dindigul. This is because most of the rates you see online are just interbank or base rates, which aren't actual currency exchange rates. But now live and real time Canadian Dollar exchange rates today in Dindigul are available 24*7 on BookMyForex's website for all to see. 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 Dindigul 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. Orders are delivered at our own branches or at the branches of our channel partners. Customers can even choose to have their order home-delivered.
While BookMyForex's charges are based on live rates, other currency exchangers base their charges on 'daily rates' or 'today's CAD rate in Dindigul' which are much higher. Charging 'today's CAD rate in Dindigul' 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. Customers are simply being taken for a ride and exploited, when foreign exchange dealers base their forex rates on 'today's CAD rate in Dindigul'. Little do customers know that in the the name of 'today's CAD rate in Dindigul', 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. In the name of 'today's CAD rate in Dindigul', most currency exchange companies charge higher rates for forex so they can cushion themselves in case of losses owing to CAD 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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