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Customers looking for forex rates have to constantly struggle to find the actual UAE Dirham rates today in Phillaur. This is because most websites only provide the base rate or the interbank rate on their websites. With BookMyForex now in the market, this is no longer a challenge. It is the only website in India that provides live and real time UAE Dirham exchange rates today in Phillaur. Through BookMyForex customers can buy/ sell currency either at live rates or by locking in the live UAE Dirham exchange rates today in Phillaur by using the “Freeze the rate” option on our website. We provide the entire gamut of forex related products & services that include AED currency notes, AED forex cards, AED traveler’s cheques, money transfer and remittance services. 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.
Unlike other foreign exchange dealers that exploit customers by basing their charges on daily rates or “today’s AED rate in Phillaur”, BookMyForex’s offerings are more customer-oriented in terms of price and convenience. The norm of “today’s AED rate in Phillaur” 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. While BookMyForex’s charges are based on live rates, other currency exchangers base their charges on ‘daily rates’ or “today’s AED rate in Phillaur” which are much higher. Charging “today’s AED rate in Phillaur” 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. In the name of “today’s AED rate in Phillaur”, most currency exchange companies charge higher rates for forex so they can cushion themselves in case of losses owing to AED price fluctuation.
A pioneer in the forex markets in India, Mr. Sudarshan Motwani founded BookMyForex to overcome the challenges of a disorganized forex market, widely fluctuating prices and lack of uniformity in forex products and regulations in India. Mr. Motwani successfully established and ran the Foreign Exchange division at some of India’s leading banks and therefore has the expertise to turn things around in the current market scenario. Our services are already available online across India.
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