BFC Forex and Financial Services PVT LTD (BFC Forex), one of India’s fastest growing financial exchange services, has relocated its branch in Ahmedabad to Navrangpura. Licensed by the Reserve Bank of India (RBI), BFC Forex is AD II licensed and caters to all financial exchange needs covering FX, outward remittance and more as per the guidelines of the RBI. It is owned by BFC Group Holdings W.L.L, a leading international money transfer and foreign exchange group based in the Kingdom of Bahrain.
Ahmedabad better known as the second largest producer of cotton in India, and the most populous city in the Indian State of Gujarat has been recognized by the Forbes Magazine as one of the fastest growing cities in the world. The conveniently relocated branch in Navrangpura, will offer remittance and FX services, making it easier for students going abroad for higher studies; for travellers looking to apply for our travel forex card; and for NRI’s with encashment & conversion of unspent currencies.
While inaugurating the branch, Mr. Amitava Saha – General Manager and Country Head of BFC Forex India said, “BFC Forex is passionate about our customers and how we can serve them. This new strategic relocation in Ahmedabad will provide businesses as well as individuals better access to experience our products and services. Our State Manager, Devang Prajapati, looks forward to welcoming customers and facilitating their needs in terms of outward and inward remittance, foreign exchange, travel, and wholesale business services at this new location. The branch will offer over 30 major currencies at competitive rates and zero percent commission, while being committed to offering international and trusted experience to our customers.”
BFC Forex currently has 24 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.