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Customers looking for forex rates have to constantly struggle to find the actual Russian Ruble rates today in Patan. 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 Russian Ruble exchange rates today in Patan. So customers can either buy forex at live rates or select the 'Freeze the rate' option on our website to lock-in the Russian Ruble exchange rates today in Patan and exchange their currency at that rate within three days. We also offer other forex related products that include RUB currency notes, RUB forex cards, RUB traveler's cheques, as well as money transfer and remittance services through RUB wire transfers and RUB demand drafts. Product delivery is done at our branches or at all channel partner branches.
Customers are simply being taken for a ride and exploited, when foreign exchange dealers base their forex rates on 'today's RUB rate in Patan'. Little do customers know that in the the name of 'today's RUB rate in Patan', the rates charged by the currency exchanger are higher because they have to protect themselves from any losses owing to RUB price fluctuation on account of the RUB being traded globally just like any other financial security. Being a technology company our offerings go beyond the standard 'today's RUB rate in Patan'. Other foreign exchange dealers in Patan are simply exploiting the customers through the concept of a static 'today's RUB rate in Patan. Most money changers charge a fixed rate for a particular currency on a given day, whereas actually the RUB 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 RUB rate in Patan' therefore, is just a means to exploit the customer.
Mr. Sudarshan Motwani established BookMyForex in 2012 with a vision to make the foreign exchange market more organized and transparent in India. Equipped with the expertise of having successfully set up and run the Foreign Exchange division at some of India's leading banks, the challenge of setting up a Company that would revolutionize the entire forex market in India, was not daunting for him. Our services can be accessed online across India.
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