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It is next to impossible for customers to find the actual Japanese Yen exchange rates today in Mysore 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 Japanese Yen exchange rates today in Mysore. Customers have the choice to book their order at live rates or at Japanese Yen exchange rates today in Mysore that they can select by using the “Freeze the rate” option on our website. Our full suite of forex related products includes JPY currency notes, JPY forex cards, JPY traveler’s cheques and JPY money transfer and remittance services using JPY DDs and JPY wire transfers. Customers can visit Axis Bank and ING Vysya Bank, our nation-wide banking partners, to collect their orders.
Customers are simply being taken for a ride and exploited, when foreign exchange dealers base their forex rates on “today’s JPY rate in Mysore”. Little do customers know that in the the name of “today’s JPY rate in Mysore”, the rates charged by the currency exchanger are higher because they have to protect themselves from any losses owing to JPY price fluctuation on account of the JPY being traded globally just like any other financial security. Being a technology company our offerings go beyond the standard “today’s JPY rate in Mysore”. Other foreign exchange dealers in Mysore are simply exploiting the customers through the concept of a static “today’s JPY rate in Mysore. 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. In the name of “today’s JPY rate in Mysore”, most currency exchange companies charge higher rates for forex so they can cushion themselves in case of losses owing to JPY price fluctuation.
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.
So use our interactive order entry cart below and get started.