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Customers looking for forex rates have to constantly struggle to find the actual Omani Rial rates today in Tenali. This is because most websites only provide the base rate or the interbank rate on their websites. With BookMyForex now in the market, this is no longer a challenge. It is the only website in India that provides live and real time Omani Rial exchange rates today in Tenali. So customers can either buy forex at live rates or select the 'Freeze the rate' option on our website to lock-in the Omani Rial exchange rates today in Tenali and exchange their currency at that rate within three days. We also offer other forex related products that include OMR currency notes, OMR forex cards, OMR traveler's cheques, as well as money transfer and remittance services through OMR wire transfers and OMR demand drafts. Orders are delivered at our own branches or at the branches of our channel partners.
BookMyForex being a technology company, its offerings go beyond the standard 'today's OMR rate in Tenali'. Other foreign exchange dealers in Tenali are simply exploiting the customers through the concept of a static 'today's OMR rate in Tenali'. 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. Unlike other foreign exchange dealers that exploit customers by basing their charges on daily rates or 'today's OMR rate in Tenali', BookMyForex's offerings are more customer-oriented in terms of price and convenience. The norm of 'today's OMR rate in Tenali' 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 Tenali' 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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