Within our retail division we specialise in global money transfers and foreign currency exchange for corporate and individual customers. We offer a wide variety of fast, safe and reliable worldwide payment options to transfer money directly to beneficiary accounts all over the world. We also deliver extremely competitive rates on foreign currencies.
We deliver market-leading wholesale currency services to large corporate clients which include major banks, individual traders and leading financial institutions.
Our focus is to provide a complete client-specific integral service, creating a global bridge for organisation’s wholesale banknote needs. With trading desks based in India, Bahrain and the UK, we offer our clients a reliable and competitive service 7 days a week, with one trading centre always being open when the other is closed.
We operate 5 money transfer and currency exchange companies across Bahrain, Kuwait, the United Kingdom, India and Malaysia, maintaining a network of over 120 retail branches. Through our own money transfer product - EzRemit our presence is extended to over 30 countries with more than 46,000 agent locations
In October 2016, BFC Bank received authorisation by the Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA) in the UK for a banking licence. The BFC Group entity will offer low-cost basic corporate banking products for Small and Medium-sized Enterprises (SMEs) and Payment Service Providers (PSPs) with a strong emphasis on international transactions and multi-currency cash management, as well as UK domestic payments.