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Actual Thai Baht exchange rates today in tellicherry 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 tellicherry 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 tellicherry 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. Product delivery is done at our branches or at all partnering locations across India. Orders can also be home-delivered free of cost.
Customers are simply being taken for a ride and exploited, when foreign exchange dealers base their forex rates on 'today's THB rate in tellicherry'. Little do customers know that in the the name of 'today's THB rate in tellicherry', 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. While BookMyForex's charges are based on live rates, other currency exchangers base their charges on 'daily rates' or 'today's THB rate in tellicherry' which are much higher. Charging 'today's THB rate in tellicherry' 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. In the name of 'today's THB rate in tellicherry', most currency exchange companies charge higher rates for forex so they can cushion themselves in case of losses owing to THB 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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