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Actual Omani Rial exchange rates today in Katwa have never been easy to find until now. Unlike other websites that provide only the interbank rate or base rate, BookMyForex now provides live and real time Omani Rial exchange rates today in Katwa. Customers have the choice to book their order at live rates or at Omani Rial exchange rates today in Katwa that they can select by using the 'Freeze the rate' option on our website. Our full suite of forex related products includes OMR currency notes, OMR forex cards, OMR traveler's cheques and OMR money transfer and remittance services using OMR DDs and OMR wire transfers. Orders can be collected at our branches or at locations of our partnering RBI authorized exchange companies/ banks, in Katwa.
Customers are simply being taken for a ride and exploited, when foreign exchange dealers base their forex rates on 'today's OMR rate in Katwa'. Little do customers know that in the the name of 'today's OMR rate in Katwa', the rates charged by the currency exchanger are higher because they have to protect themselves from any losses owing to OMR price fluctuation on account of the OMR being traded globally just like any other financial security. Unlike other foreign exchange dealers that exploit customers by basing their charges on daily rates or 'today's OMR rate in Katwa', BookMyForex's offerings are more customer-oriented in terms of price and convenience. The norm of 'today's OMR rate in Katwa' for basing forex rates only benefits the currency exchangers and earns them higher revenues. Because the OMR is traded across the world electronically just like stocks, its prices also fluctuate. To protect themselves from any losses on account of price fluctuation, currency exchangers keep higher margins and therefore their rates are higher. 'Today's OMR rate in Katwa' therefore, is just a means to exploit the customer.
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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