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The forex market in India has been quite disorganized and lacks proper regulations, due to which currency rates vary significantly and there is a lack of uniformity and transparency in the system. BookMyForex was established by Mr. Sudarshan Motwani in 2012 to address exactly these challenges. He has successfully established and run the Foreign Exchange division at some of the most renowned banks in India in the past.
Finding the Euro exchange rates today in Jagraon used to be a challenge until BookMyForex came into the picture. BookMyForex is the first portal in India that provides live rates and actual Euro exchange rates today in Jagraon to exchange currency. The other option for customers is to lock-in the Euro exchange rates today in Jagraon by selecting the ?Freeze the rate? option on the website. ?Today?s EUR rate in Jagraon? as per other websites and currency exchangers is the base rate or interbank rate but currency isn?t really exchanged at this rate. The actual rate for exchanging currency is far higher than the so-called ?today?s EUR rate in Jagraon? because the forex dealers have to keep high margins to avoid any losses on account of EUR price fluctuation in the global market. So the concept of ?today?s EUR rate in Jagraon? is in reality just a farce and a means to exploit the customers. Unfortunately it also is a standard practice in the market.
The Company?s offerings of forex and related services are already available across the country and include currency exchange, EUR currency notes, EUR forex cards, EUR traveler?s cheques or remittance products such as EUR demand drafts and EUR wire transfers.Orders are delivered at our own branches or at our banking partners? branches, viz. Axis Bank and ING Vysya Bank, across India.
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