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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. BookMyForex, a leading e-commerce website for forex, was established in 2012 by Mr. Sudarshan Motwani to plug these gaps in and streamline the market. He has earlier headed the forex function at HDFC Bank and ING Vysya Bank.
It can be quite a pain for a customer to find out the Kuwaiti Dinar exchange rates today in Tirunelveli. It is only BookMyForex that now provides live and real time Kuwaiti Dinar exchange rates today in Tirunelveli. You also have the option to lock-in the Kuwaiti Dinar exchange rates today in Tirunelveli 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 KWD rate in Tirunelveli', which isn't actually the rate at which currency is exchanged. Through the practice of 'today's KWD rate in Tirunelveli' 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 Kuwaiti Dinars are traded electronically worldwide. So the customers end up being at the losing end when 'today's KWD rate in Tirunelveli' is the basis for currency exchange.
The complete range of forex products offered by the Company includes KWD currency notes, KWD forex cards, KWD traveler's cheques or remittance products such as KWD demand drafts and KWD 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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