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The foreign exchange market in India has been fairly disorganized, due to which there are wide fluctuations in forex rates and there is no uniformity regarding forex products and regulation. Mr. Sudarshan Motwani, who has headed the foreign exchange function at some of the leading Indian Banks, established BookMyForex in 2012 to address these issues and streamline the forex business in the country.
It can be quite a pain for a customer to find out the UAE Dirham exchange rates today in Hanmakonda. BookMyForex is the first portal in India that provides live rates and actual UAE Dirham exchange rates today in Hanmakonda to exchange currency. The other option for customers is to lock-in the UAE Dirham exchange rates today in Hanmakonda by selecting the “Freeze the rate” option on the website. “Today’s AED rate in Hanmakonda” as per other websites and currency exchangers is the base rate or interbank rate but currency isn’t really exchanged at this rate. Forex dealers keep a significant margin over and above “today’s AED rate in Hanmakonda” to hedge against any AED price fluctuation in the global market. So the concept of “today’s AED rate in Hanmakonda” is in reality just a farce and a means to exploit the customers. Unfortunately it also is a standard practice in the market.
The Company’s entire suite of forex products includes AED currency notes, AED forex cards, AED traveler’s cheques or remittance products such as AED demand drafts and AED wire transfers.Orders are delivered at our own branches or at our banking partners’ branches, viz. Axis Bank and ING Vysya Bank, across India.
So what are you waiting for? Click below to use our interactive order entry cart …
We've dropped all fees associated with Money Transfers Abroad!