1 SAR+KOT = 22.0587 INR Interbank/ mid-market Rate at: 31-05-2023 01:53:06
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The foreign exchange market in India has been fairly disorganized, due to which there are wide fluctuations in forex rates and there is no uniformity regarding forex products and regulation. Mr. Sudarshan Motwani, who has headed the foreign exchange function at some of the leading Indian Banks, established BookMyForex in 2012 to address these issues and streamline the forex business in the country.
Finding the Saudi Riyal exchange rates today in Kottayam used to be a challenge until BookMyForex came into the picture. BookMyForex is the first portal in India that provides live rates and actual Saudi Riyal exchange rates today in Kottayam to exchange currency. You also have the option to lock-in the Saudi Riyal exchange rates today in Kottayam to exchange currency by using the “Freeze the rate” option on the website. Other currency exchangers and websites use the base rate or interbank rate as “today’s SAR rate in Kottayam”, which isn’t actually the rate at which currency is exchanged. Through the practice of “today’s SAR rate in Kottayam” 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 norm of “today’s SAR rate in Kottayam” is just an easy way for forex dealers to make a few extra bucks.
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 at our own branches or at our banking partners’ branches, viz. Axis Bank and ING Vysya Bank, across India.
So click below to use our interactive order entry cart and get started …