1. The platform guarantees the lowest exchange rates on forex cards, currency notes, and international money transfers.
2. Customers get 2X the price difference as cashback if they find a lower price elsewhere.
3. Additionally, customers get up to 3.3% cashback or ₹7500 on forex cards and currency notes.
BookMyForex, India’s leading online foreign exchange marketplace, has announced its double crazy offer featuring the “Lowest Rate Guarantee” and up to “3.3% cashback”, setting a new benchmark in the forex industry. With this latest offer, BookMyForex guarantees customers the lowest rates on forex cards, currency notes, and international money transfers.
In the event that a customer finds a better rate elsewhere, BookMyForex will offer double the price difference in the form of cashback to the customers. Additionally, BookMyForex has introduced its “Crazy Cashback Sale,” providing customers with up to ₹7500 cashback on forex purchases through forex cards and currency notes—resulting in savings of up to 3.3%.
Commenting on the dual offer launch, Sudarshan Motwani, Founder and CEO, BookMyForex.com, said: “BookMyForex has already established itself as the most affordable forex player in India, offering customers up to a 5% rate advantage compared to other providers. With the introduction of the ‘Lowest Rate Guarantee’ and the ‘Crazy Cashback Sale,’ we are reinforcing our commitment to delivering unparalleled value.
Our platform leverages real-time data from partner Banks & hundreds of RBI-licensed money changers to ensure the most competitive rates for forex cards, currency notes, and money transfers. For forex cards, our zero-markup on live interbank rates (IBR) ensures that customers get prices as close as possible to the true interbank rates. This Lowest Rate Guarantee is a game-changer, elevating our promise to provide the best forex solutions in the industry.”
Key Highlights of the Offer
1. Lowest Rate Guarantee: If customers find the same product available at a lower price on any other forex company’s website, they will receive double the price difference as cashback.
2. Crazy Cashback Sale: Customers can enjoy up to ₹7500 cashback on forex purchases, saving 3.3% on their transactions. This offer is open to both new and existing customers and can be availed unlimited times during the offer period.
Over 17 million Indians visited international destinations between January and July of 2024. With international travel growing steadily, the demand for competitive and transparent forex solutions is also increasing. Giving in to this emerging trend, BookMyForex has positioned the latest offer as a cornerstone of its expansion strategy.
Nitin Motwani, Founder & CTO, BookMyForex commented, “With the holiday season around the corner, the launch of the Lowest Rate Guarantee and Crazy Cashback Sale is perfectly timed to meet the growing demand for forex services. BookMyForex has introduced the much-required technology in money changing business that has revolutionized the customer experience while ensuring highest standards of compliance. We anticipate a threefold growth, solidifying our position as the preferred choice for Indian travellers.”
BookMyForex offers currency notes in over 50 Indian cities at the best forex rates. The rates are compared across hundreds of local money changers, along with same-day doorstep delivery across India. The BookMyForex Multi-Currency Forex Card is a zero-markup card and comes with convenient features like instant reload and unload options, ensuring hassle-free transactions.
The platform also facilitates same-day money transfers to more than 200 countries with zero transfer fees. The Lowest Rate Guarantee applies to all new forex orders—be it forex cards, foreign currency notes, or international money transfers—placed through the BookMyForex mobile app (available on Android and iOS) or on the website at www.bookmyforex.com. This offer is valid until January 2024.
About BookMyForex.com
BookMyForex (a MakeMyTrip Group Company) is India’s very first tech initiative in the foreign exchange domain and the market leader in the online retail forex space. Customers can place orders on https://www.bookmyforex.com or through the BookMyForex Android/ iOS app to buy forex cards, send international money transfers, and buy or sell foreign cash currencies.
BookMyForex operates a hybrid model where the majority of forex card transactions are executed by BookMyForex and orders for foreign currency notes and international money transfers are executed via BookMyForex’s network of Banks and Reputed RBI-licensed money changers. Faering Capital has been invested in BookMyForex since 2016 and MakeMyTrip has acquired a majority stake in BookMyForex.
Visit us at www.bookmyforex.com
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