About
BFC Forex

We’ve got over 100 years of experience in FX and money transfer internationally, making BFC Forex the trusted choice!

BFC Forex & Financial Services PVT Ltd (BFC Forex) is now licensed as Authorised Dealer Category II (ADII) granted by the Reserve Bank of India (RBI) and specialized in Outward Remittances for various purposes as per laid down guideline of RBI. However, we continue in buying and selling foreign currency to Individual, Students, Corporate and Wholesale customers including Money Changers & Banks. Under the MTS Scheme, we are appointed as sub- agents for Western Union, MoneyGram, Ria Money and Transfast for the purpose of undertaking money transfer business in India.

2024

Launch of BEC Pay App (Kuwait)

2023

BFC Pay Multi-Currency Card Launched (Travel Buddy)

2022

Successful Sale of BFC Bank

2021

Launch of BFC Pay App (Bahrain)

2020

BFC Forex getting ADII license

2018

BFC Payments licensed under the Central Bank of Bahrain

2017

BFC Group celebrated 100 years of operation

2016

Launch of Bob, the BFC Buddy & Group renewed Vision & Mission

Authorisation received for a UK banking licence

2013

BFC Exchange opens its 1st branch (Malaysia)

Launch of BFC Wholesale Currency Services (UK)

2012

BFC Forex started retail branch network (India)

2010

Rebrand of the business

2008

Bank Alkhair acquires controlling stake and forms BFC Group Holdings

2003

EzRemit formed (UK)

1991

BEC formed (Kuwait)

1917

Bahrain Financing Company

Our Group History

We started in the Kingdom of Bahrain in 1917, trading in gold bullion and continually growing our services when in the 1970’s we entered the remittance market, giving the fast growing expat community the opportunity to send their hard earned money home. We are licensed by the Central Bank of Bahrain and now specialise in global money transfers, foreign exchange and wholesale currency services.
In January 2009, BFC Forex became part of BFC Group Holdings W.L.L, after the Islamic Financial Services Group – Bank Alkhair B.S.C © successfully acquired a controlling stake in Bahrain Exchange Company (BEC) in Kuwait, Bahrain Financing Company (BFC) in Bahrain, and BFC Bank Limited in the United Kingdom.
Since then, due to great success, BFC Group has grown its retail operations even further, opening up BFC Forex & Financial Services PVT Ltd (BFC Forex) in India.
In 2018, BFC Group launched BFC Payments, licensed by the Central Bank of Bahrain (CBB) as an Ancillary Service Provider with permitted activities of Card Processing and Payment Service Provider.
In 2022, BFC Group successfully completed the sale of its UK Subsidiary, BFC Bank.

Our Services

Within BFC Forex we have the capability to export surplus foreign currency notes to overseas banks facilitated through our branch in Cochin; as well as this we are approved by the RBI from time to time to import foreign currency notes to cover shortfalls due to high demand during peak seasons.

BFC Forex are duly appointed sub-agents for Western Union, MoneyGram, Ria Money and Transfast under the Money Transfer Sercive Scheme (MTSS).

Get Started with BFC Forex today and join the thousands of customers that trust BFC Forex for our great rates and great service.

Our Values

Currency Exchange with Love

Care

We are passionate about understanding our customers and responding in a manner that meets their needs. Knowing we are part of a family who look out for one another.

Currency Exchange with trust

Trust

We are open, honest, accountable, and operate in everyone’s best interest. We work together to create a culture of respect and appreciation for all.

Currency Exchange with Efficiency

Efficiency

We work hard looking for ways to improve our operations through creativity and innovation. Building a professional multi-cultural team, to connect with our customers.

Our Vision

To be the prominent money service company that fully engages with our customers, keeping money flowing across borders.

Our Mission

Providing trusted money services in the most caring and efficient way making a positive difference in the lives of our customers.

FAQs

Get answers to frequently asked questions regarding our services.

BFC Forex News

Check out our latest news and press releases!

Contact Us

We’d love to hear from you, so feel free to get in touch with any feedback or a query and someone from our team will get back to you.

FAQs

Get answers to frequently asked questions regarding our services.

BFC Forex News

Check out our latest news and press releases!

Contact Us

We’d love to hear from you, so feel free to get in touch with any feedback or a query and someone from our team will get back to you.

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