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It is next to impossible for customers to find the actual Omani Rial exchange rates today in Patan especially on the Internet. Most websites on the net don't provide currency exchange rates but only the interbank or base rate. However, BookMyForex has made this easy for the customers because now they can log on to our website at any point in time to see the live and real time Omani Rial exchange rates today in Patan. Through BookMyForex customers can buy/ sell currency either at live rates or by locking in the live Omani Rial exchange rates today in Patan by using the 'Freeze the rate' option on our website. We provide the entire gamut of forex related products & services that include OMR currency notes, OMR forex cards, OMR traveler's cheques, money transfer and remittance services. Orders are delivered at our own branches or at the branches of our channel partners.
While BookMyForex's charges are based on live rates, other currency exchangers base their charges on 'daily rates' or 'today's OMR rate in Patan' which are much higher. Charging 'today's OMR rate in Patan' provides a cushioning effect to avoid incurring losses due to OMR price fluctuation in the market because just like stocks OMRs are also traded electronically across the globe like any other financial security. Being a technology company our offerings go beyond the standard 'today's OMR rate in Patan'. Other foreign exchange dealers in Patan are simply exploiting the customers through the concept of a static 'today's OMR rate in Patan. Most money changers charge a fixed rate for a particular currency on a given day, whereas actually the OMR 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 OMR rate in Patan' therefore, is just a means to exploit the customer.
A pioneer in the forex markets in India, Mr. Sudarshan Motwani founded BookMyForex to overcome the challenges of a disorganized forex market, widely fluctuating prices and lack of uniformity in forex products and regulations in India. Mr. Motwani successfully established and ran the Foreign Exchange division at some of India's leading banks and therefore has the expertise to turn things around in the current market scenario. Our services are already available online across India.
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