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Customers looking for forex rates have to constantly struggle to find the actual Euro rates today in Aluva. This is because most websites only provide the base rate or the interbank rate on their websites. With BookMyForex now in the market, this is no longer a challenge. It is the only website in India that provides live and real time Euro exchange rates today in Aluva. Customers can buy/ sell their currency at live rates or at a rate they can ‘lock-in’ using the “Freeze the rate” option on the website to avail the best Euro exchange rates today in Aluva. Our other forex related products and services include EUR forex cards, EUR traveler’s cheques, money transfer and remittance services. 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.
Unlike other foreign exchange dealers that exploit customers by basing their charges on daily rates or “today’s EUR rate in Aluva”, BookMyForex’s offerings are more customer-oriented in terms of price and convenience. The norm of “today’s EUR rate in Aluva” for basing forex rates only benefits the currency exchangers and earns them higher revenues. Because the EUR is traded across the world electronically just like stocks, its prices also fluctuate. Being a technology company our offerings go beyond the standard “today’s EUR rate in Aluva”. Other foreign exchange dealers in Aluva are simply exploiting the customers through the concept of a static “today’s EUR rate in Aluva. Most money changers charge a fixed rate for a particular currency on a given day, whereas actually the EUR rates fluctuate constantly all through the day, as is the case with stocks in a stock exchange. To protect themselves from any losses on account of price fluctuation, currency exchangers keep higher margins and therefore their rates are higher. “Today’s EUR rate in Aluva” therefore, is just a means to exploit the customer.
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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