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The forex market in India has been quite disorganized and lacks proper regulations, due to which currency rates vary significantly and there is a lack of uniformity and transparency in the system. BookMyForex, a leading e-commerce website for forex, was established in 2012 by Mr. Sudarshan Motwani to plug these gaps in and streamline the market. He has earlier headed the forex function at HDFC Bank and ING Vysya Bank.
Finding the Saudi Riyal exchange rates today in Chakan used to be a challenge until BookMyForex came into the picture. It is only BookMyForex that now provides live and real time Saudi Riyal exchange rates today in Chakan. The other option for customers is to lock-in the Saudi Riyal exchange rates today in Chakan by selecting the 'Freeze the rate' option on the website. 'Today's SAR rate in Chakan' as per other websites and currency exchangers is the base rate or interbank rate but currency isn't really exchanged at this rate. Through the practice of 'today's SAR rate in Chakan' the rates actually charged by other currency exchangers are much higher since they have to cushion themselves against losses on account of currency fluctuation, since like any other financial security the Saudi Riyals are traded electronically worldwide. So the concept of 'today's SAR rate in Chakan' is in reality just a farce and a means to exploit the customers. Unfortunately it also is a standard practice in the market.
The Company's offerings of forex and related services are already available across the country and include currency exchange, SAR currency notes, SAR forex cards, SAR traveler's cheques or remittance products such as SAR demand drafts and SAR wire transfers.Orders are delivered by our own branches or by one of our several hundred channel partner locations, across India.
Why wait? Click now to use our interactive order entry cart below: