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It is next to impossible for customers to find the actual Hong Kong Dollar exchange rates today in Khanna especially on the Internet. 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 Hong Kong Dollar exchange rates today in Khanna. Through BookMyForex customers can buy/ sell currency either at live rates or by locking in the live Hong Kong Dollar 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 HKD currency notes, HKD forex cards, HKD traveler’s cheques, money transfer and remittance services. Customers can visit Axis Bank and ING Vysya Bank, our nation-wide banking partners, to collect their orders or they can have the order home-delivered free of cost.
Customers are simply being taken for a ride and exploited, when foreign exchange dealers base their forex rates on “today’s HKD rate in Khanna”. Little do customers know that in the the name of “today’s HKD rate in Khanna”, the rates charged by the currency exchanger are higher because they have to protect themselves from any losses owing to HKD price fluctuation on account of the HKD being traded globally just like any other financial security. Being a technology company our offerings go beyond the standard “today’s HKD rate in Khanna”. Other foreign exchange dealers in Khanna are simply exploiting the customers through the concept of a static “today’s HKD rate in Khanna. Most money changers charge a fixed rate for a particular currency on a given day, whereas actually the HKD rates fluctuate constantly all through the day, as is the case with stocks in a stock exchange. In the name of “today’s HKD rate in Khanna”, most currency exchange companies charge higher rates for forex so they can cushion themselves in case of losses owing to HKD 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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