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Customers looking for forex rates have to constantly struggle to find the actual Singapore Dollar rates today in Secunderabad. 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 Secunderabad. Customers have the choice to book their order at live rates or at Singapore Dollar exchange rates today in Secunderabad that they can select by using the “Freeze the rate” option on our website. Our full suite of forex related products includes SGD currency notes, SGD forex cards, SGD traveler’s cheques and SGD money transfer and remittance services using SGD DDs and SGD wire transfers. Orders can be collected at our branches or at our partner bank branches, Axis Bank and ING Vysya, in Secunderabad. Orders can also be delivered at home free of cost.
Customers are simply being taken for a ride and exploited, when foreign exchange dealers base their forex rates on “today’s SGD rate in Secunderabad”. Little do customers know that in the the name of “today’s SGD rate in Secunderabad”, 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. While BookMyForex’s charges are based on live rates, other currency exchangers base their charges on ‘daily rates’ or “today’s SGD rate in Secunderabad” which are much higher. Charging “today’s SGD rate in Secunderabad” 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. BookMyForex on the other hand goes beyond “today’s SGD rate in Secunderabad” 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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