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Customers looking for forex rates have to constantly struggle to find the actual Vietnam Dong rates today in Muzaffarpur. Most websites on the net don't provide currency exchange rates but only the interbank or base rate. However, BookMyForex has made this easy for the customers because now they can log on to our website at any point in time to see the live and real time Vietnam Dong exchange rates today in Muzaffarpur. Through BookMyForex customers can buy/ sell currency either at live rates or by locking in the live Vietnam Dong exchange rates today in Muzaffarpur by using the 'Freeze the rate' option on our website. We provide the entire gamut of forex related products & services that include VND currency notes, VND forex cards, VND traveler's cheques, money transfer and remittance services. Customers can visit one of our channel partner locations to collect their orders.
Unlike other foreign exchange dealers that exploit customers by basing their charges on daily rates or 'today's VND rate in Muzaffarpur', BookMyForex's offerings are more customer-oriented in terms of price and convenience. The norm of 'today's VND rate in Muzaffarpur' for basing forex rates only benefits the currency exchangers and earns them higher revenues. Because the VND is traded across the world electronically just like stocks, its prices also fluctuate. While BookMyForex's charges are based on live rates, other currency exchangers base their charges on 'daily rates' or 'today's VND rate in Muzaffarpur' which are much higher. Charging 'today's VND rate in Muzaffarpur' 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. 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 Muzaffarpur' 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.
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