India’s leading and largest marketplace for retail foreign exchange, BookMyForex and private remittances has joined hands with India’s leading online travel company, MakeMyTrip, to offer forex on the latter’s platform.
Customers booking international travel products can now buy foreign exchange with BookMyForex on MakeMyTrip platforms — website or mobile app.
Customers will be able to access live rates through BookMyForex on the website. BookMyForex updates forex rates every three seconds. It will be delivered at the customers’ doorstep. The offer is available in over 200 cities across India.
Speaking on the association, CEO BookMyForex.com, Sudarshan Motwani said, “BookMyForex will now be able to extend the benefit of our platform to MakeMyTrip customers and connect them with the most ideal forex vendors in real time. Through the association, we will be able to tap the large international customer base of India’s largest OTA and help them buy all travel-related forex products at one single destination.”
“We are pleased to tie-up with BookMyForex for retail foreign exchange and look forward to adding to our existing travel solutions offerings. Being the pioneers in the online travel sector and as category leaders, the onus of growing the sector is on us. By partnering with BookMyForex, we are firmly establishing ourselves as the ultimate destination for the full suite of travel products,” said Chief Operating Officer, Online MakeMyTrip, Mohit Gupta.
BookMyForex will offer MakeMyTrip customers access to a complete range of forex products, including foreign currency notes, forex travel cards, traveler’s cheques, demand drafts and international wire transfers.
All forex products are delivered by either RBI authorized money changers or banks that are part of BookMyForex’s channel partner netword, the company said.