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Actual Euro exchange rates today in Hanmakonda have never been easy to find until now. 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 Hanmakonda. So customers can either buy forex at live rates or select the “Freeze the rate” option on our website to lock-in the Euro exchange rates today in Hanmakonda and exchange their currency at that rate within three days. We also offer other forex related products that include EUR currency notes, EUR forex cards, EUR traveler’s cheques, as well as money transfer and remittance services through EUR wire transfers and EUR demand drafts. Product delivery is done at our branches or at all Axis Bank and ING Bank branches, our nation-wide banking distribution partners.
Unlike other foreign exchange dealers that exploit customers by basing their charges on daily rates or “today’s EUR rate in Hanmakonda”, BookMyForex’s offerings are more customer-oriented in terms of price and convenience. The norm of “today’s EUR rate in Hanmakonda” 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. Customers are simply being taken for a ride and exploited, when foreign exchange dealers base their forex rates on “today’s EUR rate in Hanmakonda”. Little do customers know that in the the name of “today’s EUR rate in Hanmakonda”, the rates charged by the currency exchanger are higher because they have to protect themselves from any losses owing to EUR price fluctuation on account of the EUR being traded globally just like any other financial security. In the name of “today’s EUR rate in Hanmakonda”, most currency exchange companies charge higher rates for forex so they can cushion themselves in case of losses owing to EUR price fluctuation.
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.
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