Looking for Currency Exchange in Bangalore Airport? Avoid High Mark-ups With BookMyForex
Traveling abroad is an exciting experience that many people look forward to. It offers the opportunity to explore new places, try new foods, meet new people, and immerse oneself in different cultures. From the thrill of discovering hidden gems to the joy of making unforgettable memories, there's nothing quite like the adventure of going on a holiday abroad but it requires a great deal of planning, which includes booking hotels, air tickets, and currency exchange.
Typically, residents in Bangalore when exchanging foreign currency in various forms, experience a loss of at least 6 to 8 percent, and at most, 12 to 15 percent of the amount. This happens when they exchange money through local money exchange vendors or banks or airports. Especially, when you exchange currency at popular booths which are often found at the Bangalore airport, you may lose nearly 15 percent of the money you need which is quite high.
Airport currency exchange services at Bangalore are considered one of the worst places to exchange foreign currency due to the high markups they charge taking advantage of travelers who need currency on the go. As the number of last-minute transactions is high, they plan well in advance to exploit your helplessness. Therefore, it's advisable to exchange your currency well in advance before reaching the airport. While airport currency exchange may seem like the safest option, it's worth exploring dedicated online forex platforms like BookMyForex for better exchange rates.
BookMyForex offers a convenient and cost-effective way to buy or sell foreign currency notes online. The process is simple and straightforward, with no lengthy queues, rate negotiations, hidden fees, or complex procedures. Moreover, you can receive your ordered forex cards and notes on the same day, right at your doorstep.
Buy Forex Online via BookMyForex Before You Leave for Bangalore Airport
It's likely that you'll be planning your trip ahead of time, so why not exchange currency in advance? By doing so, you will be able to compare rates from different dealers, at different places, and on different dates to ensure that you are receiving the best rate possible. And once you are done comparing, you will find that BookMyForex is indeed the best online platform to buy and sell foreign currency in Bangalore rather than at the airport.
As a leading foreign exchange marketplace, BookMyForex has established partnerships with over hundreds of RBI-approved forex dealers in India. Our website compares real-time quotations from these vendors to ensure that you get the best possible rates. You can trust that with BookMyForex, you will receive the lowest exchange rates in your area because we have already done the rate comparison for you.
Whether you're from Bangalore or just have flight connectivity from Bangalore Airport, you can order online in advance and receive same-day doorstep delivery of 40+ popular and exotic currency notes in 50+ cities with BookMyForex. On the other hand, Due to the limited options available to travelers at airports, currency exchange providers there lack the motivation to offer competitive exchange rates and often take advantage of their customers. Currency exchange counters in airports face higher operating expenses, which are sometimes imposed by airport authorities as facility fees. As a result, these increased costs are passed on to travelers in the form of higher fees and exchange rates for buying or selling currencies.
While a long layover may appear to be an ideal time for currency exchange, it can turn into a nightmare if the airport's currency exchange counter has a limited supply of your desired currency or has none at all. Furthermore, when traveling to certain unique locations, the airport exchange counter may present another obstacle by not providing the currency you require.
Sell Forex Online at BookMyForex After Returning to Bangalore Airport
Foreign currency exchange can be a daunting task for many. Travelers often save up for an entire year to take at least one international trip, and upon arrival, they must exchange their money for the foreign currency. However, once the trip is over and you are back to Bangalore, selling the leftover forex becomes a concern. They often feel uncertain about where to exchange foreign currency in India, resulting in poor choices like exchanging at Bangalore airport, which can lead to being ripped off.
Also, as per RBI guidelines, you cannot hold onto unused foreign exchange indefinitely. The unused currency has to be returned within a period of 180 days from overseas return. In case you are wondering where to sell the leftover currency, you can login to BookMyForex portal and place an order to return unused foreign exchange with same day delivery.
Looking for a reliable travel partner to take care of your foreign currency needs? Look no further than BookMyForex. We offer competitive rates for selling foreign currency, as well as a range of other travel services such as flights and hotels. Our experienced team understands your unique requirements and will provide you the necessary solutions - be it forex cash or a prepaid forex card to ensure that you have a smooth and enjoyable trip. Selling forex online can be a hassle, but our expertise and online services make it easy and convenient. With just a few clicks, you can buy or sell forex from the comfort of your own home, leaving your worries behind.
BookMyForex - India’s Most Trusted Platform for Currency Exchange in Bangalore
BookMyForex is the most reliable and hassle-free platform for currency exchange. We have partnered with forex dealers and many reputed banks to fulfill all your forex needs. Our customers are at the heart of our services and we aim to provide the best forex experience. You can purchase currency notes or Forex cards with just a few clicks and have it delivered to your doorstep. Our online booking process is quick, seamless, and available 24*7. You only need to provide a few documents based on the purpose of your trip like passport, PAN card, etc.
We have introduced a live rate mechanism that updates rates every three seconds, providing live and transparent rates for your forex transactions. With our Book Now & Pay Later Feature, you can even lock in a desired exchange rate for later transactions. Whether you're from Bangalore or just have flight connectivity from Bangalore Airport, you can order online in advance and receive same-day doorstep delivery of 40+ popular and exotic currency notes in 50+ cities with BookMyForex. Additionally, our BookMyForex card offers even greater savings and convenience.
Currency Exchange at BookMyForex vs Currency Exchange in Bangalore Airport
Here’s a why BookMyForex is a better option to exchange currency than the airport:
| Currency Exchange at BookMyForex | Currency Exchange in Bangalore Aiport |
|---|---|
| Competitive currency exchange rates | High exchange rates due to the high cost of fixed assets |
| Best rates from multiple money changers and forex dealers | Fixed rates in order to gain a high profit margin |
| Same-day doorstep delivery of currency notes and forex cards. | Long waiting lines and queues |
| No hidden fees or charges | High exchange rates due to high mark-ups |
| Lock-in period of 3 days for favorable exchange rates | No lock-in period facility. Purchase only at prevailing rates |
| Exclusive discounts and offers on currency exchange services. | No discounts for exchanging money |
| Online booking process is quick, seamless, and available 24*7. | Order process is lengthy with long waiting periods |
How to Exchange Foreign Currency Online With BookMyForex?
To book your order on BookMyForex, follow these simple steps:
1. Select your city, currency, and enter the forex amount.
2. Provide your mobile number, email address, name, and enter the OTP received on your mobile or email. Also, enter the country you plan to visit and the dates of your trip.
3. Specify the purpose of your trip and upload relevant documents as part of the eligibility check.
4. Enter your complete address, including city, state, landmark, street address, and Pincode.
5. Review your order before making the payment. Payment options include UPI, net banking, debit cards, credit cards, cash, or NEFT.
