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Customers will no longer have to struggle to find the actual Swedish Krona exchange rates today in Udaipur. Most websites on the net don’t provide currency exchange rates but only the interbank or base rate. However, BookMyForex has made this easy for the customers because now they can log on to our website at any point in time to see the live and real time Swedish Krona exchange rates today in Udaipur. Through BookMyForex customers can buy/ sell currency either at live rates or by locking in the live Swedish Krona exchange rates today in Udaipur by using the “Freeze the rate” option on our website. We provide the entire gamut of forex related products & services that include SEK currency notes, SEK forex cards, SEK traveler’s cheques, money transfer and remittance services. Product delivery is done at our branches or at all Axis Bank and ING Bank branches, our nation-wide banking distribution partners. Orders can also be home-delivered free of cost.
While BookMyForex’s charges are based on live rates, other currency exchangers base their charges on ‘daily rates’ or “today’s SEK rate in Udaipur” which are much higher. Charging “today’s SEK rate in Udaipur” provides a cushioning effect to avoid incurring losses due to SEK price fluctuation in the market because just like stocks SEKs are also traded electronically across the globe like any other financial security. Customers are simply being taken for a ride and exploited, when foreign exchange dealers base their forex rates on “today’s SEK rate in Udaipur”. Little do customers know that in the the name of “today’s SEK rate in Udaipur”, 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. In the name of “today’s SEK rate in Udaipur”, most currency exchange companies charge higher rates for forex so they can cushion themselves in case of losses owing to SEK price fluctuation.
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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