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Customers looking for forex rates have to constantly struggle to find the actual Japanese Yen rates today in Banga. Unlike other websites that provide only the interbank rate or base rate, BookMyForex now provides live and real time Japanese Yen exchange rates today in Banga. Customers can buy/ sell their currency at live rates or at a rate they can ‘lock-in’ using the “Freeze the rate” option on the website to avail the best Japanese Yen exchange rates today in Banga. Our other forex related products and services include JPY forex cards, JPY traveler’s cheques, money transfer and remittance services. Product delivery is done at our branches or at all Axis Bank and ING Bank branches, our nation-wide banking distribution partners. Orders can also be home-delivered free of cost.
BookMyForex being a technology company, its offerings go beyond the standard “today’s JPY rate in Banga”. Other foreign exchange dealers in Banga are simply exploiting the customers through the concept of a static “today’s JPY rate in Banga”. Most money changers charge a fixed rate for a particular currency on a given day, whereas actually the JPY rates fluctuate constantly all through the day, as is the case with stocks in a stock exchange. While BookMyForex’s charges are based on live rates, other currency exchangers base their charges on ‘daily rates’ or “today’s JPY rate in Banga” which are much higher. Charging “today’s JPY rate in Banga” provides a cushioning effect to avoid incurring losses due to JPY price fluctuation in the market because just like stocks JPYs are also traded electronically across the globe like any other financial security. BookMyForex on the other hand goes beyond “today’s JPY rate in Banga” and offers far more to the customers, keeping their interest in mind.
The very purpose of setting up BookMyForex was to tackle the challenges of a disorganized forex market such as the widely fluctuating prices and lack of uniformity in forex products and regulations in India. Having successfully established and run the Foreign Exchange division at some of India’s leading banks, Mr. Sudarshan Motwani, our CEO, took the challenge head-on. Our services are already available across India on our website.
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