BFC Group Holdings W.L.L (BFC Group) was established in January 2008 and are parented by the Islamic Financial Services Group - Bank Alkhair B.S.C ©. We specialise in global money transfers, foreign currency exchange and wholesale currency services. Through nearly a century of development the BFC name has grown into a highly reputable organisation globally.
At BFC Group we are always looking to expand our market presence so that we can bring our services to more people all over world. Within our Group we have developed an assemblage of companies spanning over 5 countries.
- In 1917 Bahrain Financing Company (BFC) was first founded in Bahrain to trade gold bullion and foreign currency.
- In 1992 Bahrain Exchange Company (BEC) was established and today is one of the leading foreign exchange and money transfer specialists in Kuwait.
- In 2003 BFC Exchange Ltd (BFC Exchange) was formed in the United Kingdom and the same year EzRemit Money Transfer was launched, providing services from the Middle East and the United Kingdom to expatriate home destinations. Today EzRemit is present in over 30 countries with over 54,000 agent payout locations worldwide.
- In 2012 BFC Forex & Financial Services Pvt Ltd (BFC Forex) was established in India to facilitate incoming remittances from overseas and provide foreign exchange services.
- Also in 2012 BFC Exchange Malaysia Sdn. Bhd. (BFC Exchange) started operations providing both money transfer and foreign exchange services.
- In 2016 BFC Group launched its retail brand ambassador Bob, the BFC Buddy in line with the company's renewed Vision, Mission & Values.
- In 2017 BFC celebrates their centenary year in business.
History & Experience
Our history dates back to 1917, when BFC was first founded in Bahrain to trade in gold bullion and foreign currency. Nearing a century in the industry we have built a long-established and well-respected reputation for moving money safely, transparently and efficiently, offering the best rates available for both our money transfer and foreign currency exchange services.