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It is next to impossible for customers to find the actual Vietnam Dong exchange rates today in Dharwad especially on the Internet. This is because most of the rates you see online are just interbank or base rates, which aren't actual currency exchange rates. But now live and real time Vietnam Dong exchange rates today in Dharwad are available 24*7 on BookMyForex's website for all to see. Customers have the choice to book their order at live rates or at Vietnam Dong exchange rates today in Dharwad that they can select by using the 'Freeze the rate' option on our website. Our full suite of forex related products includes VND currency notes, VND forex cards, VND traveler's cheques and VND money transfer and remittance services using VND DDs and VND wire transfers. Product delivery is done at our branches or at all channel partner branches.
While BookMyForex's charges are based on live rates, other currency exchangers base their charges on 'daily rates' or 'today's VND rate in Dharwad' which are much higher. Charging 'today's VND rate in Dharwad' provides a cushioning effect to avoid incurring losses due to VND price fluctuation in the market because just like stocks VNDs are also traded electronically across the globe like any other financial security. Customers are simply being taken for a ride and exploited, when foreign exchange dealers base their forex rates on 'today's VND rate in Dharwad'. Little do customers know that in the the name of 'today's VND rate in Dharwad', the rates charged by the currency exchanger are higher because they have to protect themselves from any losses owing to VND price fluctuation on account of the VND 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 VND rate in Dharwad' 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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