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Customers will no longer have to struggle to find the actual Malaysian Ringgits exchange rates today in bagula. Unlike other websites that provide only the interbank rate or base rate, BookMyForex now provides live and real time Malaysian Ringgits exchange rates today in bagula. So customers can either buy forex at live rates or select the 'Freeze the rate' option on our website to lock-in the Malaysian Ringgits exchange rates today in bagula and exchange their currency at that rate within three days. We also offer other forex related products that include MYR currency notes, MYR forex cards, MYR traveler's cheques, as well as money transfer and remittance services through MYR wire transfers and MYR demand drafts. Customers can visit our channel partner locations to collect their orders or they can have the order 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 MYR rate in bagula' which are much higher. Charging 'today's MYR rate in bagula' provides a cushioning effect to avoid incurring losses due to MYR price fluctuation in the market because just like stocks MYRs are also traded electronically across the globe like any other financial security. Being a technology company our offerings go beyond the standard 'today's MYR rate in bagula'. Other foreign exchange dealers in bagula are simply exploiting the customers through the concept of a static 'today's MYR rate in bagula. Most money changers charge a fixed rate for a particular currency on a given day, whereas actually the MYR rates fluctuate constantly all through the day, as is the case with stocks in a stock exchange. To protect themselves from any losses on account of price fluctuation, currency exchangers keep higher margins and therefore their rates are higher. 'Today's MYR rate in bagula' therefore, is just a means to exploit the customer.
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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