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The foreign exchange market in India has been fairly disorganized, due to which there are wide fluctuations in forex rates and there is no uniformity regarding forex products and regulation. 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.
Korean Won exchange rates today in Chennai are not really easy to find on any website. It is only BookMyForex that now provides live and real time Korean Won exchange rates today in Chennai. BookMyForex also allows you to lock-in the live Korean Won exchange rates today in Chennai to exchange currency. Most websites and currency exchangers provide only the base rate/ interbank rate as 'today's KRW rate in Chennai', which is not really the rate at which currency is exchanged. Through the practice of 'today's KRW rate in Chennai' the rates actually charged by other currency exchangers are much higher since they have to cushion themselves against losses on account of currency fluctuation, since like any other financial security the Korean Wons are traded electronically worldwide. So the customers end up being at the losing end when 'today's KRW rate in Chennai' is the basis for currency exchange.
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 exchange companies that partner with us
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