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It is next to impossible for customers to find the actual Thai Baht exchange rates today in Delhi especially on the Internet. 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 Thai Baht exchange rates today in Delhi. Customers have the choice to book their order at live rates or at Thai Baht exchange rates today in Delhi that they can select by using the “Freeze the rate” option on our website. Our full suite of forex related products includes THB currency notes, THB forex cards, THB traveler’s cheques and THB money transfer and remittance services using THB DDs and THB 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.
Unlike other foreign exchange dealers that exploit customers by basing their charges on daily rates or “today’s THB rate in Delhi”, BookMyForex’s offerings are more customer-oriented in terms of price and convenience. The norm of “today’s THB rate in Delhi” for basing forex rates only benefits the currency exchangers and earns them higher revenues. Because the THB is traded across the world electronically just like stocks, its prices also fluctuate. Customers are simply being taken for a ride and exploited, when foreign exchange dealers base their forex rates on “today’s THB rate in Delhi”. Little do customers know that in the the name of “today’s THB rate in Delhi”, the rates charged by the currency exchanger are higher because they have to protect themselves from any losses owing to THB price fluctuation on account of the THB 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 THB rate in Delhi” therefore, is just a means to exploit the customer.
Mr. Sudarshan Motwani established BookMyForex in 2012 with a vision to make the foreign exchange market more organized and transparent in India. Equipped with the expertise of having successfully set up and run the Foreign Exchange division at some of India’s leading banks, the challenge of setting up a Company that would revolutionize the entire forex market in India, was not daunting for him. Our services can be accessed online across India.
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