1 ZAR+BASI = N/A INR Interbank/ mid-market Rate at: 2022-05-20 06:10:51
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Sell Forex Card | N/A |
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Buy Demand Draft | N/A |
Customers will no longer have to struggle to find the actual South African Rand exchange rates today in Basirhat. This is because most websites only provide the base rate or the interbank rate on their websites. With BookMyForex now in the market, this is no longer a challenge. It is the only website in India that provides live and real time South African Rand exchange rates today in Basirhat. 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 South African Rand exchange rates today in Basirhat. Our other forex related products and services include ZAR forex cards, ZAR traveler's cheques, money transfer and remittance services. Product delivery is done at our branches or at all channel partner branches.
BookMyForex being a technology company, its offerings go beyond the standard 'today's ZAR rate in Basirhat'. Other foreign exchange dealers in Basirhat are simply exploiting the customers through the concept of a static 'today's ZAR rate in Basirhat'. Most money changers charge a fixed rate for a particular currency on a given day, whereas actually the ZAR rates fluctuate constantly all through the day, as is the case with stocks in a stock exchange. While BookMyForex's charges are based on live rates, other currency exchangers base their charges on 'daily rates' or 'today's ZAR rate in Basirhat' which are much higher. Charging 'today's ZAR rate in Basirhat' provides a cushioning effect to avoid incurring losses due to ZAR price fluctuation in the market because just like stocks ZARs are also traded electronically across the globe 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 ZAR rate in Basirhat' therefore, is just a means to exploit the customer.
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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