BFC Forex and Financial Services Pvt. Ltd. (BFC Forex), a leading provider of foreign exchange and remittance services in India, is proud to announce the opening of its 48th national branch in Chhatrapati Sambhaji Nagar (formerly Aurangabad). This marks the 5th branch in the state of Maharashtra. As a subsidiary of BFC Group Holdings W.L.L, headquartered in Bahrain and now part of Al Ansari Financial Services, UAE, BFC Forex operates under the authorization of the Reserve Bank of India (RBI). With an AD Category II license, BFC Forex specializes in facilitating seamless outward remittances and currency exchange services, strictly adhering to RBI guidelines.
The new branch in Chhatrapati Sambhaji Nagar signifies the company’s strategic growth in the region and its commitment to enhancing customer convenience. This expansion highlights BFC Forex’s dedication to meeting the evolving needs of its clients.
At the inauguration, Mr. Amitava Saha, General Manager and Country Head of BFC Forex, remarked, “The opening of our new branch in Chhatrapati Sambhaji Nagar underscores our commitment to providing seamless customer service. Maharashtra has consistently supported our services, and we are dedicated to further enhancing their experience. The city’s rapid economic progress and status as a major tourist destination make it an ideal location for our new branch. We will continue to offer seamless currency exchange and outward remittance services to all our customers.”
Mr. Kaustav Khan, Head of Operations & Wholesale, added, “Our presence in Chhatrapati Sambhaji Nagar aims to improve customer convenience and service efficiency, enabling our customers to conduct transactions with ease. We offer over 30 destination currencies, including exotic currencies, to both individual and corporate clients. Our services include buying and selling foreign currencies, international money transfers for education, leisure travel, and business travel-related payments, as well as the sale of multi-currency forex cards.”
BFC Forex is proud of its extensive network of 48 branches across India, classified as an Authorized Dealer Category – II by the RBI. As a sub-agent for reputable institutions like Western Union, MoneyGram, BFC Cash, and Ria Money, BFC Forex efficiently receives funds from over 200 countries and territories through a vast network of over 400,000 agent locations worldwide.
