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It is next to impossible for customers to find the actual Indonesian Rupiah exchange rates today in kadi 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 Indonesian Rupiah exchange rates today in kadi. Customers have the choice to book their order at live rates or at Indonesian Rupiah exchange rates today in kadi that they can select by using the 'Freeze the rate' option on our website. Our full suite of forex related products includes IDR currency notes, IDR forex cards, IDR traveler's cheques and IDR money transfer and remittance services using IDR DDs and IDR wire transfers. Orders are delivered at our own branches or at the branches of our channel partners. Customers can even choose to have their order home-delivered.
BookMyForex being a technology company, its offerings go beyond the standard 'today's IDR rate in kadi'. Other foreign exchange dealers in kadi are simply exploiting the customers through the concept of a static 'today's IDR rate in kadi'. 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. Customers are simply being taken for a ride and exploited, when foreign exchange dealers base their forex rates on 'today's IDR rate in kadi'. Little do customers know that in the the name of 'today's IDR rate in kadi', the rates charged by the currency exchanger are higher because they have to protect themselves from any losses owing to IDR price fluctuation on account of the IDR being traded globally just like any other financial security. In the name of 'today's IDR rate in kadi', most currency exchange companies charge higher rates for forex so they can cushion themselves in case of losses owing to IDR price fluctuation.
Mr. Sudarshan Motwani established BookMyForex in 2012 with a vision to make the foreign exchange market more organized and transparent in India. Equipped with the expertise of having successfully set up and run the Foreign Exchange division at some of India's leading banks, the challenge of setting up a Company that would revolutionize the entire forex market in India, was not daunting for him. Our services can be accessed online across India.
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We've dropped all fees associated with Money Transfers Abroad!