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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, a leading e-commerce website for forex, was established in 2012 by Mr. Sudarshan Motwani to plug these gaps in and streamline the market. He has earlier headed the forex function at HDFC Bank and ING Vysya Bank.
Finding the Canadian Dollar exchange rates today in Sudhar used to be a challenge until BookMyForex came into the picture. BookMyForex is the first portal in India that provides live rates and actual Canadian Dollar exchange rates today in Sudhar to exchange currency. BookMyForex also allows you to lock-in the live Canadian Dollar exchange rates today in Sudhar to exchange currency. Most websites and currency exchangers provide only the base rate/ interbank rate as ?today?s CAD rate in Sudhar?, which is not really the rate at which currency is exchanged. Forex dealers keep a significant margin over and above ?today?s CAD rate in Sudhar? to hedge against any CAD price fluctuation in the global market. So the concept of ?today?s CAD rate in Sudhar? is in reality just a farce and a means to exploit the customers. Unfortunately it also is a standard practice in the market.
The complete range of forex products offered by the Company 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 at our own branches or at the branches of ING Vysya bank and Axis bank, our banking partners in India.
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