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Euro is the official currency of Eurozone and is the most traded currency in the world after the US dollar. This currency is the used in 19 of the 28 member states of European Union. These countries are Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain. It has been estimated that the Euro is used by approximately 337 million Europeans daily apart from additional 210 million people using it worldwide. Therefore, if you are planning for a holiday or an education in any of these countries then the best currency to carry is Euro.
If you are travelling to Europe for a Holiday then you should carry a combination of currency notes and foreign exchange travel card. Carrying a Travel card is not only the safest option compared to cash but is also economical. Check out our rates for Travel Card and you will be pleasantly surprised to see that our Euro rates are close to interbank rates. Carry a fraction of your expense as cash notes for petty expenses, the remainder in the travel card and you are good to go. If going for education, students can also carry a foreign exchange travel card specially customized for them for their day to day expenses which would be quite cheaper than using a credit or a debit card.
Euro is available at money exchangers in Bangalore and both in private and nationalized banks but local money exchangers can’t be trusted as far as the rates are concerned because most money changers charge a fixed rate for a particular currency on a given day, whereas actually the Euro rates fluctuate constantly all through the day, as is the case with stocks in a stock exchange. Banks keep a very high margin on the interbank rates.
Therefore it is always smarter to purchase euro from an online forex marketplace as these sites specially the aggregators like BookMyForex have tied up with multiple banking partners and foreign exchange companies which gives them access to extremely preferential exchange rates that they pass on to the customers.
You can place your forex order online or at our app in few steps or simply through phone. Getting doorstep delivery is something every customer desires today and to provide absolute convenience to the customers BookMyForex provides doorstep delivery in all localities of Bangalore. We have an efficient customer support service that will not only assist you in taking decision about the best suitable forex product to purchase but also will make sure you get timely delivery. One can also lock in live exchange rates on www.bookmyforex.com when the rates are the lowest and remit money within 3 days to counter fluctuating exchange rates. Therefore whether you are shopping for your wardrobe or forex, do not forget to check the rates online as they are certainly the best.