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Customers will no longer have to struggle to find the actual Swedish Krona exchange rates today in Cuddalore. 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 Swedish Krona exchange rates today in Cuddalore. Customers have the choice to book their order at live rates or at Swedish Krona exchange rates today in Cuddalore that they can select by using the “Freeze the rate” option on our website. Our full suite of forex related products includes SEK currency notes, SEK forex cards, SEK traveler’s cheques and SEK money transfer and remittance services using SEK DDs and SEK wire transfers. Customers can visit Axis Bank and ING Vysya Bank, our nation-wide banking partners, to collect their orders or they can have the order home-delivered free of cost.
BookMyForex being a technology company, its offerings go beyond the standard “today’s SEK rate in Cuddalore”. Other foreign exchange dealers in Cuddalore are simply exploiting the customers through the concept of a static “today’s SEK rate in Cuddalore”. Most money changers charge a fixed rate for a particular currency on a given day, whereas actually the SEK rates fluctuate constantly all through the day, as is the case with stocks in a stock exchange. Customers are simply being taken for a ride and exploited, when foreign exchange dealers base their forex rates on “today’s SEK rate in Cuddalore”. Little do customers know that in the the name of “today’s SEK rate in Cuddalore”, the rates charged by the currency exchanger are higher because they have to protect themselves from any losses owing to SEK price fluctuation on account of the SEK being traded globally just 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 SEK rate in Cuddalore” 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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