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Customers looking for forex rates have to constantly struggle to find the actual US Dollar rates today in Jaipur. 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 US Dollar exchange rates today in Jaipur. Through BookMyForex customers can buy/ sell currency either at live rates or by locking in the live US Dollar exchange rates today in Jaipur by using the “Freeze the rate” option on our website. We provide the entire gamut of forex related products & services that include USD currency notes, USD forex cards, USD 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.
Unlike other foreign exchange dealers that exploit customers by basing their charges on daily rates or “today’s USD rate in Jaipur”, BookMyForex’s offerings are more customer-oriented in terms of price and convenience. The norm of “today’s USD rate in Jaipur” for basing forex rates only benefits the currency exchangers and earns them higher revenues. Because the USD is traded across the world electronically just like stocks, its prices also fluctuate. Customers are simply being taken for a ride and exploited, when foreign exchange dealers base their forex rates on “today’s USD rate in Jaipur”. Little do customers know that in the the name of “today’s USD rate in Jaipur”, the rates charged by the currency exchanger are higher because they have to protect themselves from any losses owing to USD price fluctuation on account of the USD being traded globally just like any other financial security. To protect themselves from any losses on account of price fluctuation, currency exchangers keep higher margins and therefore their rates are higher. “Today’s USD rate in Jaipur” therefore, is just a means to exploit the customer.
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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