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It is next to impossible for customers to find the actual Korean Won exchange rates today in Kasia especially on the Internet. This is because most of the rates you see online are just interbank or base rates, which aren't actual currency exchange rates. But now live and real time Korean Won exchange rates today in Kasia are available 24*7 on BookMyForex's website for all to see. So customers can either buy forex at live rates or select the 'Freeze the rate' option on our website to lock-in the Korean Won exchange rates today in Kasia and exchange their currency at that rate within three days. We also offer other forex related products that include KRW currency notes, KRW forex cards, KRW traveler's cheques, as well as money transfer and remittance services through KRW wire transfers and KRW demand drafts. Orders can be collected at our branches or at locations of our partnering RBI authorized exchange companies/ banks, in Kasia.
Unlike other foreign exchange dealers that exploit customers by basing their charges on daily rates or 'today's KRW rate in Kasia', BookMyForex's offerings are more customer-oriented in terms of price and convenience. The norm of 'today's KRW rate in Kasia' for basing forex rates only benefits the currency exchangers and earns them higher revenues. Because the KRW is traded across the world electronically just like stocks, its prices also fluctuate. While BookMyForex's charges are based on live rates, other currency exchangers base their charges on 'daily rates' or 'today's KRW rate in Kasia' which are much higher. Charging 'today's KRW rate in Kasia' 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. In the name of 'today's KRW rate in Kasia', most currency exchange companies charge higher rates for forex so they can cushion themselves in case of losses owing to KRW price fluctuation.
Mr. Sudarshan Motwani established BookMyForex in 2012 with a vision to make the foreign exchange market more organized and transparent in India. Equipped with the expertise of having successfully set up and run the Foreign Exchange division at some of India's leading banks, the challenge of setting up a Company that would revolutionize the entire forex market in India, was not daunting for him. Our services can be accessed online across India.
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