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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. Mr. Sudarshan Motwani, who has headed the foreign exchange function at some of the leading Indian Banks, established BookMyForex in 2012 to address these issues and streamline the forex business in the country.
Finding the Vietnam Dong exchange rates today in Thodupuzha used to be a challenge until BookMyForex came into the picture. It is only BookMyForex that now provides live and real time Vietnam Dong exchange rates today in Thodupuzha. The other option for customers is to lock-in the Vietnam Dong exchange rates today in Thodupuzha by selecting the 'Freeze the rate' option on the website. 'Today's VND rate in Thodupuzha' as per other websites and currency exchangers is the base rate or interbank rate but currency isn't really exchanged at this rate. Forex dealers keep a significant margin over and above 'today's VND rate in Thodupuzha' to hedge against any VND price fluctuation in the global market. So the customers end up being at the losing end when 'today's VND rate in Thodupuzha' is the basis for currency exchange.
The Company's entire suite of forex products includes VND currency notes, VND forex cards, VND traveler's cheques or remittance products such as VND demand drafts and VND wire transfers.Orders are delivered by our own branches or by exchange companies that partner with us
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