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UAE Dirham Rates in Palakkad

Customers will no longer have to struggle to find the actual UAE Dirham exchange rates today in Palakkad. 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 UAE Dirham exchange rates today in Palakkad are available 24*7 on BookMyForex’s website for all to see. Customers have the choice to book their order at live rates or at UAE Dirham exchange rates today in Palakkad that they can select by using the “Freeze the rate” option on our website. Our full suite of forex related products includes AED currency notes, AED forex cards, AED traveler’s cheques and AED money transfer and remittance services using AED DDs and AED wire transfers. Orders are delivered at our own branches or at the branches of our banking partners – ING Vysya bank and Axis bank.

While BookMyForex’s charges are based on live rates, other currency exchangers base their charges on ‘daily rates’ or “today’s AED rate in Palakkad” which are much higher. Charging “today’s AED rate in Palakkad” provides a cushioning effect to avoid incurring losses due to AED price fluctuation in the market because just like stocks AEDs 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 AED rate in Palakkad”, BookMyForex’s offerings are more customer-oriented in terms of price and convenience. The norm of “today’s AED rate in Palakkad” for basing forex rates only benefits the currency exchangers and earns them higher revenues. Because the AED is traded across the world electronically just like stocks, its prices also fluctuate. In the name of “today’s AED rate in Palakkad”, most currency exchange companies charge higher rates for forex so they can cushion themselves in case of losses owing to AED 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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