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It is next to impossible for customers to find the actual Euro exchange rates today in Khanna especially on the Internet. Unlike other websites that provide only the interbank rate or base rate, BookMyForex now provides live and real time Euro exchange rates today in Khanna. Through BookMyForex customers can buy/ sell currency either at live rates or by locking in the live Euro exchange rates today in Khanna by using the “Freeze the rate” option on our website. We provide the entire gamut of forex related products & services that include EUR currency notes, EUR forex cards, EUR traveler’s cheques, money transfer and remittance services. Orders can be collected at our branches or at our partner bank branches, Axis Bank and ING Vysya, in Khanna. Orders can also be delivered at home free of cost.
BookMyForex being a technology company, its offerings go beyond the standard “today’s EUR rate in Khanna”. Other foreign exchange dealers in Khanna are simply exploiting the customers through the concept of a static “today’s EUR rate in Khanna”. 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. While BookMyForex’s charges are based on live rates, other currency exchangers base their charges on ‘daily rates’ or “today’s EUR rate in Khanna” which are much higher. Charging “today’s EUR rate in Khanna” provides a cushioning effect to avoid incurring losses due to EUR price fluctuation in the market because just like stocks EURs are also traded electronically across the globe like any other financial security. In the name of “today’s EUR rate in Khanna”, 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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