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Saudi Riyal Rates in Navi Mumbai

Customers will no longer have to struggle to find the actual Saudi Riyal exchange rates today in Navi Mumbai. 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 Navi Mumbai. Customers have the choice to book their order at live rates or at Saudi Riyal exchange rates today in Navi Mumbai 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 can be collected at our branches or at our partner bank branches, Axis Bank and ING Vysya, in Navi Mumbai.

While BookMyForex’s charges are based on live rates, other currency exchangers base their charges on ‘daily rates’ or “today’s SAR rate in Navi Mumbai” which are much higher. Charging “today’s SAR rate in Navi Mumbai” 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 Navi Mumbai”. Little do customers know that in the the name of “today’s SAR rate in Navi Mumbai”, 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. Using it’s strong IT infrastructure to its advantage, BookMyForex offers far better options to customers

The very purpose of setting up BookMyForex was to tackle the challenges of a disorganized forex market such as the widely fluctuating prices and lack of uniformity in forex products and regulations in India. Having successfully established and run the Foreign Exchange division at some of India’s leading banks, Mr. Sudarshan Motwani, our CEO, took the challenge head-on. Our services are already available across India on our website.

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