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The forex market in India has been quite disorganized and lacks proper regulations, due to which currency rates vary significantly and there is a lack of uniformity and transparency in the system. 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 Udupi used to be a challenge until BookMyForex came into the picture. BookMyForex is the first portal in India that provides live rates and actual Singapore Dollar exchange rates today in Udupi to exchange currency. BookMyForex also allows you to lock-in the live Singapore Dollar exchange rates today in Udupi to exchange currency. Most websites and currency exchangers provide only the base rate/ interbank rate as ?today?s SGD rate in Udupi?, which is not really the rate at which currency is exchanged. The actual rate for exchanging currency is far higher than the so-called ?today?s SGD rate in Udupi? because the forex dealers have to keep high margins to avoid any losses on account of SGD price fluctuation in the global market. So the norm of ?today?s SGD rate in Udupi? is just an easy way for forex dealers to make a few extra bucks.
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 at our own branches or at our banking partners? branches, viz. Axis Bank and ING Vysya Bank, across India.
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