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It is next to impossible for customers to find the actual Saudi Riyal exchange rates today in Amritsar especially on the Internet. This is because most of the rates you see online are just interbank or base rates, which aren’t actual currency exchange rates. But now live and real time Saudi Riyal exchange rates today in Amritsar are available 24*7 on BookMyForex’s website for all to see. Customers can buy/ sell their currency at live rates or at a rate they can ‘lock-in’ using the “Freeze the rate” option on the website to avail the best Saudi Riyal exchange rates today in Amritsar. Our other forex related products and services include SAR forex cards, SAR traveler’s cheques, money transfer and remittance services. Orders are delivered at our own branches or at the branches of our banking partners – ING Vysya bank and Axis bank.
BookMyForex being a technology company, its offerings go beyond the standard “today’s SAR rate in Amritsar”. Other foreign exchange dealers in Amritsar are simply exploiting the customers through the concept of a static “today’s SAR rate in Amritsar”. Most money changers charge a fixed rate for a particular currency on a given day, whereas actually the SAR 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 SAR rate in Amritsar”, BookMyForex’s offerings are more customer-oriented in terms of price and convenience. The norm of “today’s SAR rate in Amritsar” for basing forex rates only benefits the currency exchangers and earns them higher revenues. Because the SAR is traded across the world electronically just like stocks, its prices also fluctuate. In the name of “today’s SAR rate in Amritsar”, most currency exchange companies charge higher rates for forex so they can cushion themselves in case of losses owing to SAR price fluctuation.
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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