An idea by
Ravinder Kaur posted in
Trading & Banking
on 18 Oct, 2023
The app list a available list of currency options from current date to T+7 days. The user can choose the date and rate at which he wants to transfer his currency. Once the order is placed, the app purchases the future option of that day. Now if the currency rate drops that day, the user will be happy with the rate he got. Even if the rate increases, the user will always get a better rate than current rate. Its a win win situation for the customer. The app would make money from transnational charges.
