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It is next to impossible for customers to find the actual Kuwaiti Dinar exchange rates today in Tuticorin 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 Kuwaiti Dinar exchange rates today in Tuticorin 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 Kuwaiti Dinar exchange rates today in Tuticorin and exchange their currency at that rate within three days. We also offer other forex related products that include KWD currency notes, KWD forex cards, KWD traveler's cheques, as well as money transfer and remittance services through KWD wire transfers and KWD demand drafts. Customers can visit one of our channel partner locations to collect their orders.
While BookMyForex's charges are based on live rates, other currency exchangers base their charges on 'daily rates' or 'today's KWD rate in Tuticorin' which are much higher. Charging 'today's KWD rate in Tuticorin' provides a cushioning effect to avoid incurring losses due to KWD price fluctuation in the market because just like stocks KWDs are also traded electronically across the globe like any other financial security. Unlike other foreign exchange dealers that exploit customers by basing their charges on daily rates or 'today's KWD rate in Tuticorin', BookMyForex's offerings are more customer-oriented in terms of price and convenience. The norm of 'today's KWD rate in Tuticorin' for basing forex rates only benefits the currency exchangers and earns them higher revenues. Because the KWD is traded across the world electronically just like stocks, its prices also fluctuate. In the name of 'today's KWD rate in Tuticorin', most currency exchange companies charge higher rates for forex so they can cushion themselves in case of losses owing to KWD price fluctuation.
The very purpose of setting up BookMyForex was to tackle the challenges of a disorganized forex market such as the widely fluctuating prices and lack of uniformity in forex products and regulations in India. Having successfully established and run the Foreign Exchange division at some of India's leading banks, Mr. Sudarshan Motwani, our CEO, took the challenge head-on. Our services are already available across India on our website.
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