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It is next to impossible for customers to find the actual Thai Baht exchange rates today in Sangli 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 Sangli. 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 Sangli 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 are delivered at our own branches or at the branches of our banking partners – ING Vysya bank and Axis bank. Customers can even choose to have their order home-delivered.
While BookMyForex’s charges are based on live rates, other currency exchangers base their charges on ‘daily rates’ or “today’s THB rate in Sangli” which are much higher. Charging “today’s THB rate in Sangli” 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 Sangli”, BookMyForex’s offerings are more customer-oriented in terms of price and convenience. The norm of “today’s THB rate in Sangli” 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. In the name of “today’s THB rate in Sangli”, most currency exchange companies charge higher rates for forex so they can cushion themselves in case of losses owing to THB price fluctuation.
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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