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The foreign exchange market in India has been fairly disorganized, due to which there are wide fluctuations in forex rates and there is no uniformity regarding forex products and regulation. BookMyForex, a leading e-commerce website for forex, was established in 2012 by Mr. Sudarshan Motwani to plug these gaps in and streamline the market. He has earlier headed the forex function at HDFC Bank and ING Vysya Bank.
Finding the Singapore Dollar exchange rates today in Panvel used to be a challenge until BookMyForex came into the picture. But not anymore - Live and real time Singapore Dollar exchange rates today in Panvel are now available on BookMyForex for currency exchange. BookMyForex also allows you to lock-in the live Singapore Dollar exchange rates today in Panvel to exchange currency. Most websites and currency exchangers provide only the base rate/ interbank rate as 'today's SGD rate in Panvel', which is not really the rate at which currency is exchanged. Through the practice of 'today's SGD rate in Panvel' the rates actually charged by other currency exchangers are much higher since they have to cushion themselves against losses on account of currency fluctuation, since like any other financial security the Singapore Dollars are traded electronically worldwide. So the customers end up being at the losing end when 'today's SGD rate in Panvel' is the basis for currency exchange.
The complete range of forex products offered by the Company includes 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 by our own branches or by the branches of our channel partners in India.
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Process all types of Import/ Export and Commercial transactions | Online & Paperless Process I Best Remittance Rates I Expert Forex advice
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