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The foreign exchange market in India is currently plagued by many loopholes in policies & regulations, making it very disorganized.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.
It can be quite a pain for a customer to find out the Swedish Krona exchange rates today in Bangalore. It is only BookMyForex that now provides live and real time Swedish Krona exchange rates today in Bangalore. You also have the option to lock-in the Swedish Krona exchange rates today in Bangalore to exchange currency by using the ?Freeze the rate? option on the website. Other currency exchangers and websites use the base rate or interbank rate as ?today?s SEK rate in Bangalore?, which isn?t actually the rate at which currency is exchanged. Forex dealers keep a significant margin over and above ?today?s SEK rate in Bangalore? to hedge against any SEK price fluctuation in the global market. So the concept of ?today?s SEK rate in Bangalore? is in reality just a farce and a means to exploit the customers. Unfortunately it also is a standard practice in the market.
The Company?s offerings of forex and related services are already available across the country and include currency exchange, SEK currency notes, SEK forex cards, SEK traveler?s cheques or remittance products such as SEK demand drafts and SEK wire transfers.Orders are delivered at our own branches or at all Axis Bank and ING Vysya Bank branches, which are our PAN India banking partners.
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