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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 was established by Mr. Sudarshan Motwani in 2012 to address exactly these challenges. He has successfully established and run the Foreign Exchange division at some of the most renowned banks in India in the past.
Finding the New Zealand Dollar exchange rates today in Kolkata used to be a challenge until BookMyForex came into the picture. It is only BookMyForex that now provides live and real time New Zealand Dollar exchange rates today in Kolkata. You also have the option to lock-in the New Zealand Dollar exchange rates today in Kolkata 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 NZD rate in Kolkata?, which isn?t actually the rate at which currency is exchanged. Through the practice of ?today?s NZD rate in Kolkata? 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 New Zealand Dollars are traded electronically worldwide. So the concept of ?today?s NZD rate in Kolkata? is in reality just a farce and a means to exploit the customers. Unfortunately it also is a standard practice in the market.
The complete range of forex products offered by the Company includes NZD currency notes, NZD forex cards, NZD traveler?s cheques or remittance products such as NZD demand drafts and NZD wire transfers.Orders are delivered at our own branches or at all Axis Bank and ING Vysya Bank branches, which are our PAN India banking partners.
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