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It is next to impossible for customers to find the actual Philippine Peso exchange rates today in mahisal especially on the Internet. Unlike other websites that provide only the interbank rate or base rate, BookMyForex now provides live and real time Philippine Peso exchange rates today in mahisal. Customers have the choice to book their order at live rates or at Philippine Peso exchange rates today in mahisal that they can select by using the 'Freeze the rate' option on our website. Our full suite of forex related products includes PHP currency notes, PHP forex cards, PHP traveler's cheques and PHP money transfer and remittance services using PHP DDs and PHP wire transfers. Product delivery is done at our branches or at all partnering locations across India. Orders can also be home-delivered free of cost.
While BookMyForex's charges are based on live rates, other currency exchangers base their charges on 'daily rates' or 'today's PHP rate in mahisal' which are much higher. Charging 'today's PHP rate in mahisal' provides a cushioning effect to avoid incurring losses due to PHP price fluctuation in the market because just like stocks PHPs are also traded electronically across the globe like any other financial security. Customers are simply being taken for a ride and exploited, when foreign exchange dealers base their forex rates on 'today's PHP rate in mahisal'. Little do customers know that in the the name of 'today's PHP rate in mahisal', the rates charged by the currency exchanger are higher because they have to protect themselves from any losses owing to PHP price fluctuation on account of the PHP being traded globally just like any other financial security. To protect themselves from any losses on account of price fluctuation, currency exchangers keep higher margins and therefore their rates are higher. 'Today's PHP rate in mahisal' therefore, is just a means to exploit the customer.
The foreign exchange market in India is fairly disorganized and there are several loopholes in the policies governing the market. Mr. Sudarshan Motwani, our CEO, who was earlier heading the foreign exchange division in HDFC Bank and ING Vysya bank, had established BookMyForex with a vision to revolutionize the forex market and make it more streamlined. Our services are already available across India.
So use our interactive order entry cart below and get started.
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