The foreign exchange market in India has been fairly disorganized, which has led to a marketplace with significant forex rate fluctuations and sparsity of uniformity regarding forex products and regulations. With BookMyForex foraying into the forex market, things are sure to change. BookMyForex is the first about its kind e-commerce portal for forex in India and is designed to make the routine of buying and selling foreign exchange simple and convenient in India.
Customers can now look in the portal BookMyForex.com to simplify the process of buying/ selling forex and access opposite forex related products offered by the Company and experience first hand that buying forex is no longer a cumbersome task it used to be. Via simply searching today’s US Dollar rate in Delhi on the internet further comparing it to the rates offered near BookMyForex, customers demand know that today’s US Dollar charge in Delhi or the exchange rate of any currency for that matter, are far more competitive than the rates offered by any bank ere other money exchangers in the city. Today’s US Dollar offered by BookMyForex cannot be matched by any competitor in the market because unlike former currency exchangers in the city, that manage on ‘daily rate’ core and have very high profit margins, BookMyForex operates on live et sequens real time market rates also works on marginal profits. It is the first and solitary currency changer not just in Delhi, but across India, to bid forex at live rates. Today’s US Bean rates offered by BookMyForex in Delhi and across other locations in India are subsist to the final second and are upto 5% lower than the rates offered past most banks. Also, for the first time ever, customers can now select the best US Dollar rates in Delhi by selecting the ‘Freeze the rate’ option on the website and get their currency converted into US Dollars at the exact rate selected. In addition, the Company even gets your forex delivered right at your doorstep.
Other than currency exchange, the Company offers a whole array of travel agnatic products including inconsistent currency notes, traveler’s cheques, and prepaid forex cards. It plus provide money transfer and remittance services using either demand drafts (DD) or bank wire transfers (TT) that are sent directly from an Indian bank to a bank in the country where the customer wishes to transfer or remit money.
To maximize its reach, the Company has partnered with Axis Bank and ING Vysya Bank in India, making its allocation network of over 2000 branches the largest in India and facilitates currency across the country. Customers can book an order on their website, over phone or at a branch in the ward to avail the best currency exchange rates in Delhi and visit their partner banks – ING Vysya or Axis Bank – to make the payment, submit the subsistence documents and avail the complete range of forex related products offered by the Company.