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 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.
It can be quite a pain for a customer to find out the Canadian Dollar exchange rates today in Kalyani. It is only BookMyForex that now provides live and real time Canadian Dollar exchange rates today in Kalyani. You also have the option to lock-in the Canadian Dollar exchange rates today in Kalyani to exchange currency by using the 'Freeze the rate' option on the website. Other currency exchangers and websites use the base rate or interbank rate as 'today's CAD rate in Kalyani', which isn't actually the rate at which currency is exchanged. Forex dealers keep a significant margin over and above 'today's CAD rate in Kalyani' to hedge against any CAD price fluctuation in the global market. So the concept of 'today's CAD rate in Kalyani' 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 entire suite of forex products includes 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 by our own branches or by one of our several hundred channel partner locations, across India.
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