1 USD+MAR = 83.24 INR Interbank/ mid-market Rate at: 27-09-2023 17:17:03
Customers looking for forex rates have to constantly struggle to find the actual US Dollar rates today in Margao. Unlike other websites that provide only the interbank rate or base rate, BookMyForex now provides live and real time US Dollar exchange rates today in Margao. Customers have the choice to book their order at live rates or at US Dollar exchange rates today in Margao that they can select by using the “Freeze the rate” option on our website. Our full suite of forex related products includes USD currency notes, USD forex cards, USD traveler’s cheques and USD money transfer and remittance services using USD DDs and USD wire transfers. Orders can be collected at our branches or at our partner bank branches, Axis Bank and ING Vysya, in Margao.
Customers are simply being taken for a ride and exploited, when foreign exchange dealers base their forex rates on “today’s USD rate in Margao”. Little do customers know that in the the name of “today’s USD rate in Margao”, 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. Unlike other foreign exchange dealers that exploit customers by basing their charges on daily rates or “today’s USD rate in Margao”, BookMyForex’s offerings are more customer-oriented in terms of price and convenience. The norm of “today’s USD rate in Margao” 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. 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 Margao” therefore, is just a means to exploit the customer.
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.
So use our interactive order entry cart below and get started.
In comparison to conventional alternatives, such as banks and local money changers, BookMyForex offers the best US Dollar exchange rates in Margao as a currency exchange marketplace. Here is a more thorough analysis of why BookMyForex should be chosen over other platforms:
|Exchange Rate||At Live Rates (Dynamic)||At Fixed Rates|
|Exchange Rate Margin||Low||High|
|Online Order Facility||Yes||No|
|Rate Alert Feature||Yes||No|
It is pretty obvious to see in the table above why BookMyForex should be the #1 option for anyone looking to convert INR to USD.
You will be able to avail the best US Dollar rate in Margao only with BookMyForex. To do that, you need to follow the steps given down below:
Step 1: Just visit the BookMyForex site to book a currency order or you can call us at 9212219191 too.
Step 2: On the portal (in this case, USD), you can select the currency you want to buy and then determine the amount you also would like to exchange. Currency exchange rates vary from location to location, so you may have to report your city's name as well.
Step 3: You now must list your information and fill in particulars such as your place, the countries to which you are traveling, your journey's start and end date, and your trip's purpose. It will also include documentation, such as a visa, a passport, a PAN card, as well as several other documents. Then, you will be able to book an order after uploading the documents to our portal.
Step 4: After your transaction has been reviewed, you will have the option of having the currency delivered to the house or you can either go to the forex shop/bank and pick it up directly. Because of the continuing COVID-19 pandemic, it is highly advisable to pick the doorstep shipment of the currency.
Note: BookMyForex does not charge any additional fee for converting currency apart from the government taxes.
Live Rates Bookings: Take full advantage of your forex booking at live rates at BookMyForex. BookMyForex does not sell or purchase foreign currency at fixed rates, unlike other money changers, such as banks and other registered dealers. We acknowledge the fact that foreign exchange markets are extremely unpredictable and a sudden change in prices can have a big effect on your wallet if rates are set.
Rate Hold Facility: You can buy or sell US dollars in Margao at the lowest rate for any specific day with BookMyForex and you can also keep the same rate for 3 working days if you do not want to sell the currency. Isn't that just incredible? You have to pay a 2% minimum charge for this service that is refundable upon completion of the transaction.
Rate Alert Feature: Activate our rate alert feature and receive ongoing updates to the Margao Today Dollar rate. To your benefit, use this attribute. Keep track of the regular USD prices now and purchase when the rate hits the amount you desire.
Avail Special Student Discount: BookMyForex provides students with exclusive discounts on education-related remittances or travel card purchases. We guarantee that you get full benefits for remittances from education
Lowest Exchange Rates: BookMyForex provides the market's lowest exchange rates. We make every possible effort at BookMyForex to represent customers effectively and be the best of all the Foreign Exchange market participants.
Offers and Discounts: In the recent past, we also come up with innovative deals and discounts such as our Zero-Margin Initiative. With exclusive deals, we still delight our customers. Grab the best BookMyForex discounts especially when the Big Forex Sale is live.
There will be a few documents that you'll have to provide for a currency exchange order, as requested by the authorities. If you buy currency through us, it is possible to upload these documents directly to the BookMyForex portal. All this can be done from the home or office and saves you the hassle of directly visiting the office of the bank or forex seller.
These are some of the documents you will need to provide:
3. Airline tickets copy
4. PAN Card number
BookMyForex offers the best currency exchange facilities, not only in Margao, but throughout India. We have special tie-ups with banks and licensed forex vendors in all the major neighbourhoods of Margao.
We have other products in the form of outward remittances, forex cards and traveler's cheques, in addition to the currency exchange services, if you are curious. The best rates for INR to US Dollar conversion can only be obtained on BookMyForex.
In the condition you have any questions or have trouble booking an order, please feel free to drop us an email or call us at 921221919.