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3 mistakes to avoid when buying forex

3 mistakes to avoid when buying forex

Thursday June 30, 2016,

2 min Read

International travel and vacations abroad are a common scenario in India today. With the increase in the amount of travel, allied services related to travel like ticket booking platforms and forex dealers have also mushroomed up. With so many options to choose from while buying forex, getting authentic rates becomes difficult. Best currency exchange in Noida, Gurgaon, Pune and other upcoming cities is a challenge as there are many to take advantage of this situation.

In such a scenario, a trusted online foreign exchange in Noida or any other place is your answer. Best currency exchange in Noida, Delhi, Ahmedabad, or any other city is just a click away with BookMyForex.com. Deals and offers are accentuated by their 'Rate Alert' feature or the option of 'Freezing Live Rates'. Moreover, you can get the forex home delivered in as many as 180 cities across the country. With the international markets fluctuating at high rates, buying forex through a marketplace like BookMyForex is the wise thing to do. Meanwhile, take a look at these 3 mistakes to avoid at any cost when buying forex:

1. Buying Forex at the airport : Forex at airports always contain a markup cost which includes the service charges for providing the forex at the airport. Therefore, you will always end up paying a higher rate for your forex when you buy it at the airport. Keep this only for an emergency option and never as an option for your forex needs.

2. Buying forex from conventional market : Forex dealers in your conventional market may not provide you with a rate that you can get with online dealers like BookMyForex. Since BookMyForex works on a marketplace model, it is a reliable online foreign exchange in Noida, Delhi, Mumbai, Chennai or any other location. It gives you the best rate amongst the vendors registered with it.

3. Buying forex from unauthorized dealers : Beware of fraudsters and always go in for RBI authorized dealers for your Forex. BookMyForex provides you authentic currency from through its RBI authorized banking partners only across 650 cities in India.

To know more about your forex conversions, visit https://www.bookmyforex.com/currency-exchange/noida or call 09212219191 of download the BookMyForex app from your Android Play Store or iTunes App Store.

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