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It is next to impossible for customers to find the actual Saudi Riyal exchange rates today in Pune especially on the Internet. 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 Pune. Through BookMyForex customers can buy/ sell currency either at live rates or by locking in the live SAR exchange rates today in Pune 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. Product delivery is done at our branches or at all Axis Bank and ING Bank branches, our nation-wide banking distribution partners.
While BookMyForex’s charges are based on live rates, other currency exchangers base their charges on ‘daily rates’ or “today’s SAR rate in Pune” which are much higher. Charging “today’s SAR rate in Pune” 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. Being a technology company our offerings go beyond the standard “today’s SAR rate in Pune”. Other foreign exchange dealers in Pune are simply exploiting the customers through the concept of a static “today’s SAR rate in Pune. 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. BookMyForex on the other hand goes beyond “today’s SAR rate in Pune” and offers far more to the customers, keeping their interest in mind.
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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