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Customers looking for forex rates have to constantly struggle to find the actual Singapore Dollar rates today in Dasuya. Unlike other websites that provide only the interbank rate or base rate, BookMyForex now provides live and real time Singapore Dollar exchange rates today in Dasuya. So customers can either buy forex at live rates or select the “Freeze the rate” option on our website to lock-in the Singapore Dollar exchange rates today in Dasuya and exchange their currency at that rate within three days. We also offer other forex related products that include SGD currency notes, SGD forex cards, SGD traveler’s cheques, as well as money transfer and remittance services through SGD wire transfers and SGD demand drafts. Orders can be collected at our branches or at our partner bank branches, Axis Bank and ING Vysya, in Dasuya. Orders can also be delivered at home free of cost.
While BookMyForex’s charges are based on live rates, other currency exchangers base their charges on ‘daily rates’ or “today’s SGD rate in Dasuya” which are much higher. Charging “today’s SGD rate in Dasuya” provides a cushioning effect to avoid incurring losses due to SGD price fluctuation in the market because just like stocks SGDs are also traded electronically across the globe like any other financial security. Unlike other foreign exchange dealers that exploit customers by basing their charges on daily rates or “today’s SGD rate in Dasuya”, BookMyForex’s offerings are more customer-oriented in terms of price and convenience. The norm of “today’s SGD rate in Dasuya” for basing forex rates only benefits the currency exchangers and earns them higher revenues. Because the SGD is traded across the world electronically just like stocks, its prices also fluctuate. BookMyForex on the other hand goes beyond “today’s SGD rate in Dasuya” and offers far more to the customers, keeping their interest in mind.
The foreign exchange market in India is fairly disorganized and there are several loopholes in the policies governing the market. Mr. Sudarshan Motwani, our CEO, who was earlier heading the foreign exchange division in HDFC Bank and ING Vysya bank, had established BookMyForex with a vision to revolutionize the forex market and make it more streamlined. Our services are already available across India.
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