Today's Korean Won Rates for Foreign Exchange and Money Transfer from India

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Korean Won Rates in Batala

The forex market in India has been quite disorganized and lacks proper regulations, due to which currency rates vary significantly and there is a lack of uniformity and transparency in the system. Mr. Sudarshan Motwani, who has headed the foreign exchange function at some of the leading Indian Banks, established BookMyForex in 2012 to address these issues and streamline the forex business in the country.

It can be quite a pain for a customer to find out the Korean Won exchange rates today in Batala. It is only BookMyForex that now provides live and real time Korean Won exchange rates today in Batala. You also have the option to lock-in the Korean Won exchange rates today in Batala to exchange currency by using the 'Freeze the rate' option on the website. Other currency exchangers and websites use the base rate or interbank rate as 'today's KRW rate in Batala', which isn't actually the rate at which currency is exchanged. Forex dealers keep a significant margin over and above 'today's KRW rate in Batala' to hedge against any KRW price fluctuation in the global market. So the concept of 'today's KRW rate in Batala' is in reality just a farce and a means to exploit the customers. Unfortunately it also is a standard practice in the market.

The Company's offerings of forex and related services are already available across the country and include currency exchange, KRW currency notes, KRW forex cards, KRW traveler's cheques or remittance products such as KRW demand drafts and KRW wire transfers.Orders are delivered by our own branches or by one of our several hundred channel partner locations, across India.

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