Bookmyforex, India's first e-commerce portal for forex, has revolutionized the forex market in India by setting high benchmarks in the industry and simplified the process of buying and selling forex
In under a year's time since BookMyForex came into existence, it has already become a name to reckon with in the foreign exchange market and is setting high benchmarks for competitors who have been in the business for years. We intend to become India’s most pervasive retail forex service provider by offering the best value and highest degree of convenience to customers. Our forex products are accessible to every single person across the country through our website BookMyForex.com, irrespective of location. Through our tie-up with Axis Bank and ING Vysya Bank for forex and remittances, our distribution network of over 2500 branches the largest in the country, and easily accessible by a majority of the population.
First of all, we are available to customers 24*7 through our website, so they can book their order anytime from the convenience of their homes. The most cumbersome task in the entire process is doing a thorough research in the market through references, personal visits and phone calls to different money exchangers in Chennai to get the best rates. This is required because the forex market in India is very disorganized and therefore forex rates vary significantly from one money changer to another. The next time customers want to buy forex, they need not go through this tedious process since BookMyForex offers guaranteed lowest rates in the market, that no money exchanger in Chennai can match. We offer forex at the most competitive rates by operating at very nominal profit margins as compared to any other money exchanger in Chennai. While other currency exchangers charge upto 10% or even higher over interbank rates, the rates offered by BookMyForex are between 0.2% - 0.8% over the interbank rates. It is also the first and only Company in India offering forex at live and real time market rates, with the rate being live to the very last second on our website. Every other money exchanger in Chennai operates on a ‘daily rate’ basis, which is a single rate that is fixed for the entire day to exchange a particular currency. We also offer the “Freeze the rate” option to customers on our website, which enables them to choose the best forex rate and then exchange their currency at exactly that rate within 3 days. This facility is not yet offered by any other money exchanger in Chennai or elsewhere in India. Furthermore, we can get any forex order door-delivered to our customers. To make things easier for our customers, BookMyForex offers a full suite of forex related products and a service that includes foreign currency notes, traveler's cheques, prepaid forex cards, money transfer and remittance services using either demand drafts or bank wire transfers.
Customers simply need to book their orders on our website or over phone. Then they can visit a partner bank’s branch - ING Vysya or Axis Bank - to make the payment, submit the necessary documents and avail the complete range of forex products offered by BookMyForex. So the next time you think forex, think BookMyForex!
