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Actual Saudi Riyal exchange rates today in Karaikudi have never been easy to find until now. 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 Saudi Riyal exchange rates today in Karaikudi. Through BookMyForex customers can buy/ sell currency either at live rates or by locking in the live Saudi Riyal exchange rates today in Karaikudi by using the “Freeze the rate” option on our website. We provide the entire gamut of forex related products & services that include SAR currency notes, 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. Customers can even choose to have their order home-delivered.
Customers are simply being taken for a ride and exploited, when foreign exchange dealers base their forex rates on “today’s SAR rate in Karaikudi”. Little do customers know that in the the name of “today’s SAR rate in Karaikudi”, the rates charged by the currency exchanger are higher because they have to protect themselves from any losses owing to SAR price fluctuation on account of the SAR being traded globally just like any other financial security. Being a technology company our offerings go beyond the standard “today’s SAR rate in Karaikudi”. Other foreign exchange dealers in Karaikudi are simply exploiting the customers through the concept of a static “today’s SAR rate in Karaikudi. 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. To protect themselves from any losses on account of price fluctuation, currency exchangers keep higher margins and therefore their rates are higher. “Today’s SAR rate in Karaikudi” 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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