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Actual Indonesian Rupiah exchange rates today in Bhiwandi have never been easy to find until now. 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 Indonesian Rupiah exchange rates today in Bhiwandi. So customers can either buy forex at live rates or select the 'Freeze the rate' option on our website to lock-in the Indonesian Rupiah exchange rates today in Bhiwandi and exchange their currency at that rate within three days. We also offer other forex related products that include IDR currency notes, IDR forex cards, IDR traveler's cheques, as well as money transfer and remittance services through IDR wire transfers and IDR demand drafts. Customers can visit our channel partner locations to collect their orders or they can have the order home-delivered free of cost.
Unlike other foreign exchange dealers that exploit customers by basing their charges on daily rates or 'today's IDR rate in Bhiwandi', BookMyForex's offerings are more customer-oriented in terms of price and convenience. The norm of 'today's IDR rate in Bhiwandi' for basing forex rates only benefits the currency exchangers and earns them higher revenues. Because the IDR is traded across the world electronically just like stocks, its prices also fluctuate. While BookMyForex's charges are based on live rates, other currency exchangers base their charges on 'daily rates' or 'today's IDR rate in Bhiwandi' which are much higher. Charging 'today's IDR rate in Bhiwandi' provides a cushioning effect to avoid incurring losses due to IDR price fluctuation in the market because just like stocks IDRs are also traded electronically across the globe 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 IDR rate in Bhiwandi' therefore, is just a means to exploit the customer.
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.
You can get started by using our interactive order entry cart below.