Cost per booking voucher is USD 150 globally, however for Indian and Indonesian market the voucher cost is as given below:
Let's use today's exchange rate as of 19-AUG-2010:
- Booking Voucher Cost in India: INR 5,500
- Booking Voucher Cost in Indonesia: IDR 1,450,000
USD 150 = 1344000 IDR = 6952.5 INR
So folks in India are enjoying a like 25% discount. (less than USD 119 instead of USD 150) Look through exchange rate history shows that the rate did not change that much, so it is clear: TVI Express is preferring Indian members.
Even Indonesian members got gibbed. They are paying USD 162. And the Indonesia Rupee against dollar actually ROSE (instead of 9000-9050 Rupees per dollar, it's down to about 8950 Rupees) so it is NOT exchange rate related. They are paying 9% surcharge for no particular reason.
- FACT: TVI Express prefers Indian members (see above)
- FACT: TVI Express claims to be only subject to Indian and Cyprus law (see their disclaimer)
- FACT: TVI Express have actual verified office in India, but NOT in UK (or Cyprus)
- FACT: TVI Express is officially registered as a business in India, but not in UK
- FACT: TVI Express first presidential level distributor, Tarun Trikha, is from India, and operates in India
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