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Customers looking for forex rates have to constantly struggle to find the actual Euro rates today in Vadodra. 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 Vadodra. 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 Vadodra 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 partnering locations across India. 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 Vadodra', BookMyForex's offerings are more customer-oriented in terms of price and convenience. The norm of 'today's EUR rate in Vadodra' 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 Vadodra'. Little do customers know that in the the name of 'today's EUR rate in Vadodra', 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 Vadodra', most currency exchange companies charge higher rates for forex so they can cushion themselves in case of losses owing to EUR price fluctuation.
The very purpose of setting up BookMyForex was to tackle the challenges of a disorganized forex market such as the widely fluctuating prices and lack of uniformity in forex products and regulations in India. Having successfully established and run the Foreign Exchange division at some of India's leading banks, Mr. Sudarshan Motwani, our CEO, took the challenge head-on. Our services are already available across India on our website.
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