1 EUR+PDP = 81.5775 INR Interbank/ mid-market Rate at: 2022-05-19 15:23:24
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|Buy EUR Wire Transfer||₹82.2302|
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|Buy EUR Demand Draft||N/A|
Customers looking for forex rates have to constantly struggle to find the actual Euro rates today in Padampur. This is because most of the rates you see online are just interbank or base rates, which aren’t actual currency exchange rates. But now live and real time Euro exchange rates today in Padampur are available 24*7 on BookMyForex’s website for all to see. 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 Padampur 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. Orders can also be home-delivered free of cost.
Unlike other foreign exchange dealers that exploit customers by basing their charges on daily rates or “today’s EUR rate in Padampur”, BookMyForex’s offerings are more customer-oriented in terms of price and convenience. The norm of “today’s EUR rate in Padampur” 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 Padampur”. Little do customers know that in the the name of “today’s EUR rate in Padampur”, 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. 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 Padampur” 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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