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Customers will no longer have to struggle to find the actual Hong Kong Dollar exchange rates today in Kollam. Most websites on the net don’t provide currency exchange rates but only the interbank or base rate. However, BookMyForex has made this easy for the customers because now they can log on to our website at any point in time to see the live and real time Hong Kong Dollar exchange rates today in Kollam. Customers have the choice to book their order at live rates or at Hong Kong Dollar exchange rates today in Kollam that they can select by using the “Freeze the rate” option on our website. Our full suite of forex related products includes HKD currency notes, HKD forex cards, HKD traveler’s cheques and HKD money transfer and remittance services using HKD DDs and HKD wire transfers. Orders are delivered at our own branches or at the branches of our banking partners – ING Vysya bank and Axis bank.
Customers are simply being taken for a ride and exploited, when foreign exchange dealers base their forex rates on “today’s HKD rate in Kollam”. Little do customers know that in the the name of “today’s HKD rate in Kollam”, 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. Unlike other foreign exchange dealers that exploit customers by basing their charges on daily rates or “today’s HKD rate in Kollam”, BookMyForex’s offerings are more customer-oriented in terms of price and convenience. The norm of “today’s HKD rate in Kollam” for basing forex rates only benefits the currency exchangers and earns them higher revenues. Because the HKD is traded across the world electronically just like stocks, its prices also fluctuate. In the name of “today’s HKD rate in Kollam”, 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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