BFC Forex and Financial Services PVT LTD (BFC Forex), one of India’s fastest growing financial exchange services, has relocated its Mumbai branch today from 3rd Floor in Rathore House to Shop No.8 (Ground Floor) Chintamani Plaza, near Western Express highway Metro Station. 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, based in the Kingdom of Bahrain.
The newly strategically relocated branch offers remittance and FX services to multinational companies and local SMEs who are engaged in different sectors. The branch will also help to facilitate NRI’s residing and working globally, students pursuing higher studies abroad, travellers looking to apply for travel forex card and for NRI’s who wish to encash or convert unspent currencies.
While inaugurating the new relocated branch, Mr. Amitava Saha – General Manager and Country Head of BFC Forex India said, ” This new strategic relocation in Mumbai will provide convenience to businesses as well as individuals to experience our products and services better. Not only does this new branch provide us with opportunities to better serve the Mumbaikars (residents) and surrounding businesses, it will also accommodate our growth in the community for years to come. Our Branch Manager, Mr. Manish Thorat, will be looking forward to welcoming customers and facilitating their needs in terms of outward and inward remittance, foreign exchange, travel, and wholesale business services at this branch. The branch will have over 30 major currencies at competitive rates at zero percent commission and are committed to offering 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.