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“Marketplace for foreign exchange BookMyForex has partnered with YES Bank and card payment company Visa to launch a co-branded multi-currency foreign exchange card that aims to offer a smooth payments experience to Indians travelling abroad.”
Students and parents must understand that buying foreign exchange from their regular bank may be convenient, but that bank is not necessarily giving them the best rate. BookMyForex, a foreign exchange marketplace displays live rates from different banks and dealers & offers the best rates to the students.
The foreign exchange market in India is mostly dominated by offline players which leads to lack of uniformity in rates. In an attempt to bring transparency in rates and ease this task, 29 year old Nitin Motwani set up an online marketplace that revolutnizes your forex buying experience and delivers forex at your doorstep.
BookMyForex has been founded to simplify the forex landscape. The idea was to provide a transparent, trustworthy and systematic platform to handle the consumer’s currency-related needs. It is a retail forex marketplace that is linked to live forex rate data feeds, akin to what is used in the stock market.
BookMyForex has emerged as India’s most innovative foreign currency exchange service. The company partners with hundreds of banks and exchanges to offer real-time rates, service-quality comparisons, and has helped more than 300,000 customers.
BookMyForex (BMF) has been selected by the Reserve Bank of India (RBI) to carry out cross border payments under regulatory sandbox to create an outward foreign remittance process flow that significantly improves customer user experience
Launches One Lac+ curated list of Tours, Activities & Sightseeing options on its website
Customers will now be able to buy Forex Travel cards Online at the exact interbank rate with Zero Exchange Margin
Students buying Forex card from BookMyForex can avail cashback upto Rs. 5000 on International remittance & upto 25% discounts on International Sim cards
Customers can now buy International SIM at best price on BookMyForex.com