BookMyForex.com is the World's first and largest online marketplace for currency exchange and international private remittance. BookMyForex revolutionized the market for foreign exchange in Chennai and all over India. Exchanging currency was and has always been a cumbersome process in Chennai and you were never sure of the reliability of the currency exchanger rates in Chennai that was offered to you. With the evolution of the internet and the emergence of online currency exchange marketplaces in India like BookMyForex, it brought in a degree of flexibility and streamlined the Chennai currency exchange industry. From the comforts of your home, you can now order currency exchange in Chennai online and pick up your forex at any BookMyForex location or a partner bank location that are available in all major neighbourhoods including but not exclusive to Chennai Airport, Egmore, Pallavaram, Tambaram, Nungambakkam, T Nagar, Velachery, Old Mahabalipuram Road, Adyar, Anna Nagar etc. Alternatively, you can buy currency in Chennai, Sell currency in Chennai or send money abroad from India all online and get your forex (or the Indian rupees in case of a sale) delivered directly to your office/ home.
BookMyForex has been a market leader when it comes to Chennai currency market and currency exchange in Chennai and India and we allow you to buy, sell and remit money from the convenience of your home! We offer the full suite of forex products like foreign currency, travelers cheques, prepaid travel cards, multi-currency cards, money remittance via wire transfer or foreign currency demand draft, travel insurance etc.
BookMyForex lets you:
- Buy foreign currency - Pay in rupees and receive foreign currency at currency exchange rates in Chennai
- Sell foreign currency - Sell us your foreign currency and receive Indian Rupees in Chennai
- Transfer Money From India - Send money from India to any foreign country at guaranteed best money exchange rates in Chennai
Why Use BookMyForex's Money Changing Service in Chennai?
- Get your currency exchanged at best foreign exchange rates in Chennai better than local money exchangers in Chennai, banks, or the counters of the currency exchange in Chennai Airport.
- Live market rates that are extremely competitive. No more rate haggling with your local money changer in Chennai.
- Ability to freeze the exchange rates. No surprises, no exceptions
- Get your currency exchanged directly at bank branches or our partner currency exchangers in Chennai. Avoid counterfeit currency and untrustworthy money exchangers in Chennai
- Get your order delivered on the same day. Orders of Rs. 50,000 and over are delivered for free
- Ability to complete your order of foreign currency exchange in Chennai from hundreds of locations across India and Chennai.
- Get huge discounts on travel products such as traveller's insurance and international calling cards
- Fantastic loyalty and referral awards – make money by inviting your friends/ family. Get discounts on every subsequent order
- Customer facilitation till the last step – BookMyForex ensures a pleasant order process for you by facilitating your order till the very end
BookMyForex.com—Best Currency Exchange In Chennai
BookMyForex was conceptualized and established by some of the most renowned people in the Indian forex industry. Our CEO has 25 years of experience in the foreign exchange industry and is responsible for introducing Foreign Exchange Services (FES) as a new business segment in Indian banking. The aim was to streamline all the Chennai money exchangers and bring transparency in the foreign exchange rates in Chennai so that it is easier for you to do money exchange in Chennai online.
BookMyForex works hand-in-hand with the largest and most service-oriented banks in India. Our banking arrangements with our partner banks and local money changers in Chennai enable our customers to complete their orders at over 2500 branches across India at rates better than any local currency exchanger in Chennai. Moreover, you can rest assured that the currency you receive is genuine and authentic thanks to the banks' stringent currency inspection process; something that you can never be sure of when dealing with a smaller money exchanger in Chennai.
Exchange Foreign Currency in Chennai at Best and Live RatesBookMyForex.com, for the first time in India, allows you to see real-time currency exchange rates online at all times of the day. Unlike other money exchangers in Chennai that apply the same rate of exchange the whole day, BookMyForex allows you to book a currency exchange order in Chennai at the live and transparent rates always available on our site. Our site allows you to block the live rates on our site so you can get your currency exchanged at an exact transparent rate.
Stop Paying For Foreign Exchange in Chennai
Equipped with an array of never-before-seen features, BookMyForex uses a unique blend of technology, vast nationwide presence and a keen customer focus to offer our customers the best money exchange in Chennai. With BookMyForex.comm, you don't have to pay any hidden fees or charges to convert currency in Chennai. Exchange your foreign currency back into Indian rupees or Indian rupees to Foreign Currency at exact interbank rates - that's the same rates that you see on search engines, forex sites and business news channels.
Frequently Asked Questions (FAQs)
Q1. How to exchange foreign currency online in Chennai?
Ans. You can exchange foreign currency online with BookMyForex which is India’s first and the largest currency exchange marketplace. BookMyForex provides all foreign exchange related products such as foreign currency notes, forex cards, wire-transfer, traveller’s cheque, foreign currency-denominated demand drafts etc.
You can simply visit bookmyforex.com and place your currency exchange order online with the comfort of your home. Otherwise, you can call at +91-9212219191 and our customer service executive will assist you in getting you foreign exchange at the best forex rates.
Steps to Follow to Exchange Currency from BookMyForex:
Step 1: Go to BookMyForex.com or simply call at 9212219191
Step 2: Select your city, the currency and enter the amount that you want to exchange
Step 3: Upload KYC documents mandated by the RBI which includes Passport, Visa, Air Ticket and PAN card details
Step 4: Opt for doorstep delivery or collect your currency from our nearby store on successful payment. That simple!
Q2. How come BookMyForex provides better foreign exchange rates than banks in Chennai?
Ans. Let’s understand why BookMyForex provides one of the best rates on buy or sell foreign exchange compared to other places such as banks or local money changers.
- Fixed vs Live Rates:
Unlike other authorized forex dealers which provide foreign exchange at fixed rates in the name of “Today’s Currency Exchange Rates”, BookMyForex allows its customers to convert currency at the live rates.
Fixing the foreign exchange rate for the whole day compels banks to keep the higher-margin to tread against any adverse volatility during the day. While, BookMyForex provides its customers with the most recent rate of the foreign currency and thereby, passes the benefit to its customers in the form of the better exchange rate.
- Individual vs Aggregator:
Being a digitally powered currency exchange marketplace, BookMyForex compared the foreign exchange rates among 100s of currency changers near to your location and provides you with the best exchange rates.
On the other hand, to get better rates from banks or such other places to buy/sell a foreign currency you need to go from one bank to others to check and compare the rates which could be a time consuming and tiresome process.
- Doorstep Delivery:
When you exchange currency from BookMyForex, you not only complete the process of booking from the comfort of your home but you also get your currency delivered right at your doorstep in Mumbai.
- Rate Freeze Feature:
With this feature, you can ‘lock-in’ a specific rate for up to 3 working days by paying a refundable deposit of 2% of your total amount.
Q3. Where can in Chennai I get foreign exchange delivered by BookMyForex?
Ans. BookMyForex offers best online Dollar rate in Chennai and across all its major neighbourhoods including Chennai Airport, Egmore, Pallavaram, Tambaram, Nungambakkam, T Nagar, Velachery, Old Mahabalipuram Road(OMR), Adyar, & Anna Nagar. While BookMyForex’s charges are based on live and current Dollar rate in Chennai, other currency exchangers base their charges on ‘daily rates’ or “today’s forex rate in Chennai” which are much higher.
You can also call at +91-92122191 and a customer service representative would assist you regarding delivery locations in Chennai.
Q4. Can I buy currency at the rate reflected for some other city and get it delivered to Chennai?
Ans. No, the currency rate is dependent on the demand and supply conditions prevailing in the city, therefore, you can only get currency at the rate reflected in the city, where the forex needs to be delivered (Chennai in this case).
Q5. Why does Chennai have a different currency exchange rate than other cities?
Ans. Currency exchange rates are essentially a function of net supply and demand. While there could be a host of factors such as inflation rate, interest rate, external account situation etc. which can affect forex rate variations at the national level, there are other factors also which can make currency rates vary from a city to city.
Usually, currency exchange rates are little higher in tier-II cities as compared to metropolitan areas due to factors like lack of demand, lack of supply, lack of transparency and competition. Further, the exchange rate of some specific currencies may vary even in the metropolitan cities subject to net demand and availability conditions.