Delhi is inundated with foreign currency exchangers - Banks,
independent companies, agents at airports and hotels and online companies.
Every exchanger supposedly offers the best
USD rates in Delhi. Confusion arises for the common
customer as the exchange rates of these companies vary. A slight variation in
the rate means a dent in your pocket.
Awareness is the answer to all confusion.
To begin with, find out if the rate at which your currency is
being exchanged is live or not. You’ll find that many money exchangers display
daily rate at their branches. But high margins are built into these daily rates
to cover all fluctuations in the exchange rate in the international market. With
live rates you can save upto 5% on your orderates and since these rates are
transparent, the exchanger cannot take
you on a ride with excessive hidden charges.
Secondly, for the best USD rates in Delhi, deal with an exchanger who offers all forex products under the same roof. For example, if
your child is going abroad for his studies, you will need to remit fees to his
University & also require a forex card and currency for his living
expenses. Finalizing your varied requirements with the same company puts you in
a better position to bargain. Most often companies run combo and other
promotional offers that can ensure additional
savings.
Let’s say, if you want to
exchange Dollars online in Delhi, rely on a company that displays live rates on its website. Rates for various
forex products are different and you can easily save on by purchasing a
combination of forex products such as travel card and currency notes because
unlike currency notes, forex card’s rate is not subject to demand and supply
and therefore the rates are low. Moreover,the rates don’t even vary with
location.
Also, check if the company has a presence in your location so
that you can get the forex products delivered at your place. Now-a-days most
the companies do it for free. Apart from forex, it’s best if the company deals
in other products as well, like travel insurance. A complete package ordered on
the same online portal has its own advantages. Yu strike a better bargain, you
don’t waste time researching other portals and finally its hassle free as you
deal with one company only. An e-commerce portal like BookMyForex is a simple
and efficient solution to exchange
Dollars online in Delhi.
Choose wisely. Save more.
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