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The forex market in India has been quite disorganized and lacks proper regulations, due to which currency rates vary significantly and there is a lack of uniformity and transparency in the system. BookMyForex, a leading e-commerce website for forex, was established in 2012 by Mr. Sudarshan Motwani to plug these gaps in and streamline the market. He has earlier headed the forex function at HDFC Bank and ING Vysya Bank.
Finding the US Dollar exchange rates today in Kannur used to be a challenge until BookMyForex came into the picture. BookMyForex is the first portal in India that provides live rates and actual US Dollar exchange rates today in Kannur to exchange currency. BookMyForex also allows you to lock-in the live US Dollar exchange rates today in Kannur to exchange currency. Most websites and currency exchangers provide only the base rate/ interbank rate as ?today?s USD rate in Kannur?, which is not really the rate at which currency is exchanged. Through the practice of ?today?s USD rate in Kannur? the rates actually charged by other currency exchangers are much higher since they have to cushion themselves against losses on account of currency fluctuation, since like any other financial security the US Dollars are traded electronically worldwide. So the norm of ?today?s USD rate in Kannur? is just an easy way for forex dealers to make a few extra bucks.
The complete range of forex products offered by the Company includes USD currency notes, USD forex cards, USD traveler?s cheques or remittance products such as USD demand drafts and USD wire transfers.Orders are delivered at our own branches or at the branches of ING Vysya bank and Axis bank, our banking partners in India.
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