E-commerce has proved to be a boon to both customers and sellers across the world. Sellers now have access to wider markets, transcending all boundaries and customers have gained by having the best of national and international products and services available just a click away at unbelievable rates. India’s e-commerce market has seen a tremendous growth from $2.5 billion in 2009 to $16 billion in 2013, and is expected to reach $56 billion by 2023. Online retail and travel (hotel and flight bookings) websites have been the biggest gainers so far.
The forex industry is directly linked to the travel industry and therein lies the immense potential for e-commerce for forex products. Seeing this huge market opportunity and the current scenario of the forex market in India, characterized by lack of uniform policies and regulations and huge variations in forex rates across different forex dealers BookMyForex launched India’s first ever e-commerce portal for forex-related products in November 2012.
With BookMyForex you can get the guaranteed best rates for buying, selling and remitting foreign exchange in Bangalore without having to step out in the scorching heat. We are the only currency exchanger in Bangalore to offer forex at live and real time market rates that are guaranteed to be the best in the market. You also have the option to “Freeze the Rate” for foreign exchange in Bangalore on our website, which would remain valid for three working days during which all necessary formalities must be completed. Don’t forget to avail additional discount on your order for foreign exchange in Bangalore by looking out for our “Offer of the Week”.
We are the only online currency exchanger in Bangalore that operates as a one-stop solution for all forex-related requirements. Our products include foreign currency notes, prepaid travel cards, traveler's cheques, foreign currency demand drafts, foreign currency wire transfers and travel insurance. Through our tie-up with Axis Bank and ING Vysya Bank, our products are available at over 2500 branches across India, making it the largest distribution network for forex products.
