Foreign Currency Exchanger

The number of international travellers has increased steadily every year. Numbers have more than doubled from the past few years, with the convenience of transportation, travel agents and tour packages. There are over 1.75 billion international travellers every day. People are no more sticking to their own countries for vacations; everyone wants to travel around the world! So travel spend is increasing year on year throughout the world. It’s time to tick off the bucket list to travel the world with even more convenience through multicurrency card from Myforexeye. Multicurrency card is an international travel card that is pre loaded with multiple foreign currencies to carry money abroad in a convenient, secured and inexpensive way. The Myforexeye multicurrency Card is prepaid card which you can use to pay for your purchases in different currencies. You could use the Multi Currency Card to pay in as many as 16 currencies. Myforexeye multicurrency Forex card brings in the...

A foreign currency exchanger, after having relevant approvals from the authority, is allowed to provide a country’s currency in lieu of another currency. So, one can exchange a currency from one to another. The need for a Foreign Currency Exchanger arises when one is travelling overseas for leisure, business, visiting friends, education, medical requirement, etc. In order to ensure that one is given the right rate of exchange, one should have access to the timely information on these currency rates. The currency market is the most volatile market amongst the structured financial markets, and thus the real-time rate becomes important. There are many financial institutions and banks who offer the foreign currency exchanging services. It is important to understand the authenticity of these transactions as many a times the rate quoted by the banks is not the real-time rate but after bank margins are incorporated in them. For buying a currency, the margin will increase the net...

Money exchange is an important part of the itinerary list when travelling abroad. People travel overseas on business, personal travel, education, employment or for medical needs. One is required to carry foreign currency maybe in physical form or in the form of a forex card in order to have a hassle free travel. Myforexeye Fintech Pvt Ltd is a pioneer in forex technology services. In order to convert the currency at the right rates, the real-time rates are quoted. Irrespective of the movement of the currency exchange rate post that, the transaction is done at the deal price. The technology gets the price closer to the client and there is complete transparency in this process. It is important to exchange the currency which is agreed upon after checking the real-time rates as the currency market is open all through the weekdays and there is high fluctuation on the rates quoted. We source our information directly from Reuters. This helps in understanding the right rate of Money Exchan...