BookMyForex offers Zero Markup Money Transfers on Trade & Commerical Remittances

2024-04-23 05:27:21 Lifestyle

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BookMyForex.com, an online foreign exchange and remittance marketplace, has announced a new offer which now allows customers to make import, export and commercial payments at exact interbank or mid-market rates from the comfort of their home. With zero markup on import, export and commercial transactions, customers can now do international transactions in a fast and seamless manner without visiting a bank branch and with minimal documentation.

Customers can avail?Zero Markup? (Exact Interbank Forex Rates) offer on their first 3 transfers for commercial purposes followed by exceptional market breaking rates afterwards.

The zero markup offer on payments is applicable on commercial payments to foreign businesses, governments, institutions and individuals. It also includes remittances related to import and export collections & other trade related payments.

The company recently launched a new offering on the platform in the form of trade remittances. Now customers can facilitate smooth foreign currency or cross border remittances. The company has now made the process of making commercial payments as well aspayingthetrading partners anywhere in the world super easy and economical.

BookMyForex is now able to process collection payments for import of goods or services and transfer money abroad for all 77 types of RBI approved remittances.The company also provides an option tobook a Forward Contract which canprotect customers from currency fluctuations. It gives an option to lock in currency rates for up to 12 months.

About BookMyForex.com

BookMyForex is India?s largest online currency exchange and remittance marketplace which tracks real-time exchange rates and then matches customers with the most affordable and efficient forex vendors. Customers do not need to approach several forex vendors anymore and negotiate for better prices.

Present in more than 650 cities throughout India, the company provides customers a wide range of forex products such as currency notes, prepaid travel cards, traveller's cheques, demand drafts, wire transfers& the newly launched trade remittance in an economical and accessible way.BookMyForex has tied up with several banks and reputed exchange companies for currency notes and outbound transfers.

Customer usually save2.5%-6% on their transactions over banks. The company has also recently launched a new offering on the platform in the form of trade remittance.

To this date, BookMyForex has successfully exchanged foreign currency worth INR 4500+ crores on the platform and served over 3 lac customers.