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Customers looking for forex rates have to constantly struggle to find the actual Singapore Dollar rates today in Chakan. 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 Singapore Dollar exchange rates today in Chakan. Customers can buy/ sell their currency at live rates or at a rate they can 'lock-in' using the 'Freeze the rate' option on the website to avail the best Singapore Dollar exchange rates today in Chakan. Our other forex related products and services include SGD forex cards, SGD traveler's cheques, money transfer and remittance services. Customers can visit our channel partner locations to collect their orders or they can have the order home-delivered free of cost.
BookMyForex being a technology company, its offerings go beyond the standard 'today's SGD rate in Chakan'. Other foreign exchange dealers in Chakan are simply exploiting the customers through the concept of a static 'today's SGD rate in Chakan'. Most money changers charge a fixed rate for a particular currency on a given day, whereas actually the SGD rates fluctuate constantly all through the day, as is the case with stocks in a stock exchange. Customers are simply being taken for a ride and exploited, when foreign exchange dealers base their forex rates on 'today's SGD rate in Chakan'. Little do customers know that in the the name of 'today's SGD rate in Chakan', the rates charged by the currency exchanger are higher because they have to protect themselves from any losses owing to SGD price fluctuation on account of the SGD being traded globally just like any other financial security. To protect themselves from any losses on account of price fluctuation, currency exchangers keep higher margins and therefore their rates are higher. 'Today's SGD rate in Chakan' therefore, is just a means to exploit the customer.
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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