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Customers looking for forex rates have to constantly struggle to find the actual Canadian Dollar rates today in Mayiladuthurai. 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 Mayiladuthurai. Customers have the choice to book their order at live rates or at Canadian Dollar exchange rates today in Mayiladuthurai that they can select by using the “Freeze the rate” option on our website. Our full suite of forex related products includes CAD currency notes, CAD forex cards, CAD traveler’s cheques and CAD money transfer and remittance services using CAD DDs and CAD wire transfers. Orders are delivered at our own branches or at the branches of our banking partners – ING Vysya bank and Axis bank. 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 Mayiladuthurai” which are much higher. Charging “today’s CAD rate in Mayiladuthurai” 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 Mayiladuthurai”. Little do customers know that in the the name of “today’s CAD rate in Mayiladuthurai”, 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
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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