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It is next to impossible for customers to find the actual Indonesian Rupiah exchange rates today in Gawli Palasia especially on the Internet. 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 Indonesian Rupiah exchange rates today in Gawli Palasia. 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 Gawli Palasia 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. Product delivery is done at our branches or at all channel partner branches.
BookMyForex being a technology company, its offerings go beyond the standard 'today's IDR rate in Gawli Palasia'. Other foreign exchange dealers in Gawli Palasia are simply exploiting the customers through the concept of a static 'today's IDR rate in Gawli Palasia'. Most money changers charge a fixed rate for a particular currency on a given day, whereas actually the IDR rates fluctuate constantly all through the day, as is the case with stocks in a stock exchange. Unlike other foreign exchange dealers that exploit customers by basing their charges on daily rates or 'today's IDR rate in Gawli Palasia', BookMyForex's offerings are more customer-oriented in terms of price and convenience. The norm of 'today's IDR rate in Gawli Palasia' 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. 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 Gawli Palasia' therefore, is just a means to exploit the customer.
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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