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Customers will no longer have to struggle to find the actual Korean Won exchange rates today in Ernakulam. This is because most websites only provide the base rate or the interbank rate on their websites. With BookMyForex now in the market, this is no longer a challenge. It is the only website in India that provides live and real time Korean Won exchange rates today in Ernakulam. Customers have the choice to book their order at live rates or at Korean Won exchange rates today in Ernakulam that they can select by using the 'Freeze the rate' option on our website. Our full suite of forex related products includes KRW currency notes, KRW forex cards, KRW traveler's cheques and KRW money transfer and remittance services using KRW DDs and KRW wire transfers. Product delivery is done at our branches or at all partnering locations across India. Orders can also be home-delivered free of cost.
While BookMyForex's charges are based on live rates, other currency exchangers base their charges on 'daily rates' or 'today's KRW rate in Ernakulam' which are much higher. Charging 'today's KRW rate in Ernakulam' provides a cushioning effect to avoid incurring losses due to KRW price fluctuation in the market because just like stocks KRWs are also traded electronically across the globe like any other financial security. Customers are simply being taken for a ride and exploited, when foreign exchange dealers base their forex rates on 'today's KRW rate in Ernakulam'. Little do customers know that in the the name of 'today's KRW rate in Ernakulam', the rates charged by the currency exchanger are higher because they have to protect themselves from any losses owing to KRW price fluctuation on account of the KRW being traded globally just like any other financial security. To protect themselves from any losses on account of price fluctuation, currency exchangers keep higher margins and therefore their rates are higher. 'Today's KRW rate in Ernakulam' therefore, is just a means to exploit the customer.
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.
You can get started by using our interactive order entry cart below.