BFC Exchange (a trading name of BFC Bank Ltd), specialists in international money transfer and currency exchange, today announced its collaboration with Western Union, a leader in cross border, cross-currency money movement.
The new collaboration provides an additional channel for fast and reliable international money transfer to customers, who can now send and receive money from BFC Exchange branches via Western Union’s global network for pay-out in cash in over 200 countries and territories or into bank accounts in over 60 countries.
Commenting on this collaboration Praveen Prakasam, Head of Sales and Distribution for UK and Europe, BFC Exchange said, “In line with our strategy to expand our network we are delighted to work with a global brand such as Western Union by transforming our business in response to consumer needs, providing speed, reliability, and convenience in accessible ways.”
Graham Baker, Country Director UK & Ireland, Western Union said, “We are very pleased to give BFC Exchange customers access to Western Union’s global retail and digital network and to increase their options for cross-border money transfers by combining Western Union’s global footprint and capabilities with BFC Exchange’s domestic reach”.
BFC Exchange (a trading name of BFC Bank Ltd) is part of BFC Group Holdings, headquartered in the Kingdom of Bahrain and possessing over 100 years of experience in the foreign currency exchange and international remittance industry. BFC Exchange currently has 14 branches across London and specializes in sending money around the globe safely and quickly to over 46,000 locations in 30 countries, through its money transfer product – EzRemit. Its global reach is extended to over 200 countries and provides choice of over 60 foreign currencies to buy or sell at market leading rates. In addition, BFC Exchange offers a safe and convenient online money transfer service called BFC Smart Money and Telephone Money Transfer Service.