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Customers looking for forex rates have to constantly struggle to find the actual Saudi Riyal rates today in Madurai. Most websites on the net don’t provide currency exchange rates but only the interbank or base rate. However, BookMyForex has made this easy for the customers because now they can log on to our website at any point in time to see the live and real time Saudi Riyal exchange rates today in Madurai. Customers have the choice to book their order at live rates or at Saudi Riyal exchange rates today in Madurai that they can select by using the “Freeze the rate” option on our website. Our full suite of forex related products includes SAR currency notes, SAR forex cards, SAR traveler’s cheques and SAR money transfer and remittance services using SAR DDs and SAR wire transfers. 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.
While BookMyForex’s charges are based on live rates, other currency exchangers base their charges on ‘daily rates’ or “today’s SAR rate in Madurai” which are much higher. Charging “today’s SAR rate in Madurai” provides a cushioning effect to avoid incurring losses due to SAR price fluctuation in the market because just like stocks SARs are also traded electronically across the globe like any other financial security. Customers are simply being taken for a ride and exploited, when foreign exchange dealers base their forex rates on “today’s SAR rate in Madurai”. Little do customers know that in the the name of “today’s SAR rate in Madurai”, 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. BookMyForex on the other hand goes beyond “today’s SAR rate in Madurai” and offers far more to the customers, keeping their interest in mind.
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.
You can get started by using our interactive order entry cart below.