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It is next to impossible for customers to find the actual Hong Kong Dollar exchange rates today in Kochi especially on the Internet. 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 Hong Kong Dollar exchange rates today in Kochi 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 Hong Kong Dollar exchange rates today in Kochi and exchange their currency at that rate within three days. We also offer other forex related products that include HKD currency notes, HKD forex cards, HKD traveler’s cheques, as well as money transfer and remittance services through HKD wire transfers and HKD demand drafts. Orders can be collected at our branches or at our partner bank branches, Axis Bank and ING Vysya, in Kochi.
Customers are simply being taken for a ride and exploited, when foreign exchange dealers base their forex rates on “today’s HKD rate in Kochi”. Little do customers know that in the the name of “today’s HKD rate in Kochi”, 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 Kochi”. Other foreign exchange dealers in Kochi are simply exploiting the customers through the concept of a static “today’s HKD rate in Kochi. 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 Kochi”, most currency exchange companies charge higher rates for forex so they can cushion themselves in case of losses owing to HKD price fluctuation.
A pioneer in the forex markets in India, Mr. Sudarshan Motwani founded BookMyForex to overcome the challenges of a disorganized forex market, widely fluctuating prices and lack of uniformity in forex products and regulations in India. Mr. Motwani successfully established and ran the Foreign Exchange division at some of India’s leading banks and therefore has the expertise to turn things around in the current market scenario. Our services are already available online across India.
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