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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 was established by Mr. Sudarshan Motwani in 2012 to address exactly these challenges. He has successfully established and run the Foreign Exchange division at some of the most renowned banks in India in the past.
It can be quite a pain for a customer to find out the US Dollar exchange rates today in Kumbakonnam. BookMyForex is the first portal in India that provides live rates and actual US Dollar exchange rates today in Kumbakonnam to exchange currency. The other option for customers is to lock-in the US Dollar exchange rates today in Kumbakonnam by selecting the “Freeze the rate” option on the website. “Today’s USD rate in Kumbakonnam” as per other websites and currency exchangers is the base rate or interbank rate but currency isn’t really exchanged at this rate. The actual rate for exchanging currency is far higher than the so-called “today’s USD rate in Kumbakonnam” because the forex dealers have to keep high margins to avoid any losses on account of USD price fluctuation in the global market. So the customers end up being at the losing end when “today’s USD rate in Kumbakonnam” is the basis for currency exchange.
The Company’s entire suite of forex products 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 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 …
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