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The foreign exchange market in India is currently plagued by many loopholes in policies & regulations, making it very disorganized. BookMyForex was established by Mr. Sudarshan Motwani in 2012 to address exactly these challenges. He has successfully established and run the Foreign Exchange division at some of the most renowned banks in India in the past.
Finding the Singapore Dollar exchange rates today in Apra used to be a challenge until BookMyForex came into the picture. It is only BookMyForex that now provides live and real time Singapore Dollar exchange rates today in Apra. You also have the option to lock-in the Singapore Dollar exchange rates today in Apra 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 SGD rate in Apra”, which isn’t actually the rate at which currency is exchanged. Forex dealers keep a significant margin over and above “today’s SGD rate in Apra” to hedge against any SGD price fluctuation in the global market. So the customers end up being at the losing end when “today’s SGD rate in Apra” is the basis for currency exchange.
The Company’s offerings of forex and related services are already available across the country and include currency exchange, SGD currency notes, SGD forex cards, SGD traveler’s cheques or remittance products such as SGD demand drafts and SGD wire transfers.Orders are delivered at our own branches or at the branches of ING Vysya bank and Axis bank, our banking partners in India.
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