BFC Forex celebrates new branch opening in Anand, Gujarat

31 Jan 23 - India

BFC Forex and Financial Services PVT LTD (BFC Forex), specialists in FX and outwards remittance services across India, has opened their 29th branch in Anand, Gujarat. Owned by BFC Group Holdings W.L.L, based in the Kingdom of Bahrain, and licensed by the Reserve Bank of India (RBI), BFC Forex is AD II licensed and specializes in Outward Remittances for various purposes as per the guidelines of the RBI.

The new branch is located in the Anand District of Gujarat and is well connected with other major cities like Ahmedabad and Vadodara. The branch aims to provide its services to major industries residing in Anand such as Food & Agriculture, Engineering & Auto parts, Chemicals, Port & Ship Building, Minerals and Cement industries and also help facilitate NRI’s residing and working in all parts of the globe. BFC Forex also provides assistance in university fee payment to students pursuing higher studies abroad.

While opening the new branch, Mr. Amitava Saha – General Manager and Country Head of BFC Forex India said, “On behalf of our employees, members of the Board of Directors and shareholders, we’re excited to be opening our 29th branch in India and the 4th branch is the state of Gujarat. We look forward to becoming an integral part of Anand by serving individuals and local businesses with their remittance and foreign currency needs. Whether it be outward or inward remittance, foreign exchange, travel and wholesale business services, our employees are ready to help. We stock over 30 major currencies, sold always at competitive rates and zero percent commission. Our group prides itself on providing our international expertise and trusted experience to our customers.”

BFC Forex currently has 29 branches across India and is licensed as an Authorised Dealer Category -II granted by RBI. We are a sub-agent of Western Union, MoneyGram, Transfast and Ria Money with the ability to receive money from over 200 countries and territories with over 400,000 agent locations worldwide. With the license under Money Transfer Service Scheme (MTSS), BFC Forex is able to serve customers by cash payments across its own counters and through a sub-agent network of more than 15,000 locations in India.


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