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It is next to impossible for customers to find the actual Saudi Riyal exchange rates today in Nagpur especially on the Internet. Unlike other websites that provide only the interbank rate or base rate, BookMyForex now provides live and real time Saudi Riyal exchange rates today in Nagpur. So customers can either buy forex at live rates or select the “Freeze the rate” option on our website to lock-in the Saudi Riyal exchange rates today in Nagpur and exchange their currency at that rate within three days. We also offer other forex related products that include SAR currency notes, SAR forex cards, SAR traveler’s cheques, as well as money transfer and remittance services through SAR wire transfers and SAR demand drafts. Product delivery is done at our branches or at all Axis Bank and ING Bank branches, our nation-wide banking distribution partners.
BookMyForex being a technology company, its offerings go beyond the standard “today’s SAR rate in Nagpur”. Other foreign exchange dealers in Nagpur are simply exploiting the customers through the concept of a static “today’s SAR rate in Nagpur”. 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 Nagpur”, BookMyForex’s offerings are more customer-oriented in terms of price and convenience. The norm of “today’s SAR rate in Nagpur” 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 Nagpur”, most currency exchange companies charge higher rates for forex so they can cushion themselves in case of losses owing to SAR price fluctuation.
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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