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Customers looking for forex rates have to constantly struggle to find the actual Danish Krone rates today in Madhapar. 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 Danish Krone exchange rates today in Madhapar. So customers can either buy forex at live rates or select the 'Freeze the rate' option on our website to lock-in the Danish Krone exchange rates today in Madhapar and exchange their currency at that rate within three days. We also offer other forex related products that include DKK currency notes, DKK forex cards, DKK traveler's cheques, as well as money transfer and remittance services through DKK wire transfers and DKK demand drafts. Orders are delivered at our own branches or at the branches of our channel partners.
Unlike other foreign exchange dealers that exploit customers by basing their charges on daily rates or 'today's DKK rate in Madhapar', BookMyForex's offerings are more customer-oriented in terms of price and convenience. The norm of 'today's DKK rate in Madhapar' for basing forex rates only benefits the currency exchangers and earns them higher revenues. Because the DKK is traded across the world electronically just like stocks, its prices also fluctuate. While BookMyForex's charges are based on live rates, other currency exchangers base their charges on 'daily rates' or 'today's DKK rate in Madhapar' which are much higher. Charging 'today's DKK rate in Madhapar' provides a cushioning effect to avoid incurring losses due to DKK price fluctuation in the market because just like stocks DKKs are also traded electronically across the globe like any other financial security. To protect themselves from any losses on account of price fluctuation, currency exchangers keep higher margins and therefore their rates are higher. 'Today's DKK rate in Madhapar' therefore, is just a means to exploit the customer.
The foreign exchange market in India is fairly disorganized and there are several loopholes in the policies governing the market. Mr. Sudarshan Motwani, our CEO, who was earlier heading the foreign exchange division in HDFC Bank and ING Vysya bank, had established BookMyForex with a vision to revolutionize the forex market and make it more streamlined. Our services are already available across India.
To get started use our interactive order entry cart below.