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Customers looking for forex rates have to constantly struggle to find the actual Indonesian Rupiah rates today in Kota. Unlike other websites that provide only the interbank rate or base rate, BookMyForex now provides live and real time Indonesian Rupiah exchange rates today in Kota. Through BookMyForex customers can buy/ sell currency either at live rates or by locking in the live Indonesian Rupiah exchange rates today in Kota by using the 'Freeze the rate' option on our website. We provide the entire gamut of forex related products & services that include IDR currency notes, IDR forex cards, IDR traveler's cheques, money transfer and remittance services. Product delivery is done at our branches or at all channel partner branches.
Customers are simply being taken for a ride and exploited, when foreign exchange dealers base their forex rates on 'today's IDR rate in Kota'. Little do customers know that in the the name of 'today's IDR rate in Kota', 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. While BookMyForex's charges are based on live rates, other currency exchangers base their charges on 'daily rates' or 'today's IDR rate in Kota' which are much higher. Charging 'today's IDR rate in Kota' 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. BookMyForex on the other hand goes beyond 'today's IDR rate in Kota' and offers far more to the customers, keeping their interest in mind.
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.
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