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Actual Thai Baht exchange rates today in Pathanamthitta have never been easy to find until now. This is because most of the rates you see online are just interbank or base rates, which aren’t actual currency exchange rates. But now live and real time Thai Baht exchange rates today in Pathanamthitta are available 24*7 on BookMyForex’s website for all to see. So customers can either buy forex at live rates or select the “Freeze the rate” option on our website to lock-in the Thai Baht exchange rates today in Pathanamthitta and exchange their currency at that rate within three days. We also offer other forex related products that include THB currency notes, THB forex cards, THB traveler’s cheques, as well as money transfer and remittance services through THB wire transfers and THB demand drafts. Orders can be collected at our branches or at our partner bank branches, Axis Bank and ING Vysya, in Pathanamthitta.
While BookMyForex’s charges are based on live rates, other currency exchangers base their charges on ‘daily rates’ or “today’s THB rate in Pathanamthitta” which are much higher. Charging “today’s THB rate in Pathanamthitta” provides a cushioning effect to avoid incurring losses due to THB price fluctuation in the market because just like stocks THBs are also traded electronically across the globe like any other financial security. Unlike other foreign exchange dealers that exploit customers by basing their charges on daily rates or “today’s THB rate in Pathanamthitta”, BookMyForex’s offerings are more customer-oriented in terms of price and convenience. The norm of “today’s THB rate in Pathanamthitta” 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. 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 Pathanamthitta” 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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