About Us
We’ve got over 100 years of experience in FX and money transfer internationally, making BFC the trusted choice!
BFC Group Holdings W.L.L. (BFC Group) was established in January 2008 and are parented by Alkhair Holding B.S.C. (C). We specialise in global money transfers, foreign currency exchange and wholesale currency services. Through nearly a century of development the BFC name has grown into a highly reputable organisation globally.
Our History
We started in the Kingdom of Bahrain in 1917, trading in gold bullion and continually growing our services when in the 1970’s we entered the remittance market, giving the fast-growing expat community the opportunity to send their hard earned money home. We are licensed by the Central Bank of Bahrain and now specialise in global money transfers, foreign exchange and wholesale currency services.
In 2008, we became part of BFC Group Holdings W.L.L. after Alkhair Holding, bought a controlling stake in BFC in Bahrain, Bahrain Exchange Company (BEC) in Kuwait and BFC Exchange Limited (formerly known as EzRemit Limited) in the United Kingdom.
Since then, due to great success, BFC Group has grown its retail operations even further, opening up BFC Forex & Financial Services PVT Ltd (BFC Forex) in India.
In 2018, BFC Group launched BFC Payments, licensed by the Central Bank of Bahrain (CBB) as an Ancillary Service Provider with permitted activities of Card Processing and Payment Service Provider.
In 2021, we successfully launch the BFC Pay App which offers a digital wallet (compliant with the WPS initiative by the LMRA and CBB) along with other features such as Money Transfer and Bill Payments.
In 2022, BFC Group successfully completed the sale of its UK Subsidiary, BFC Bank.
Our Group
At BFC Group we are always looking to expand our market presence so that we can bring our services to more people all over the world. Within our Group we have developed an assemblage of companies spanning over 3 countries.
In 1917 Bahrain Financing Company (BFC) was first founded in Bahrain to trade gold bullion and foreign currency.
In 1992 Bahrain Exchange Company (BEC) was established and today is one of the leading foreign exchange and money transfer specialists in Kuwait.
In 2003 BFC Exchange Ltd (BFC Exchange) was formed in the United Kingdom and the same year EzRemit Money Transfer was launched.
In 2012 BFC Forex & Financial Services Pvt Ltd (BFC Forex) was established in India to facilitate incoming remittances from overseas and provide foreign exchange services.
In 2016 BFC Group launched its retail brand ambassador Bob, the BFC Buddy in line with the company’s renewed Vision, Mission & Values.
In 2017 BFC celebrates their centenary year in business.
In 2018, BFC Bank was launched and became fully operational in the UK.
In 2018 BFC Payments was established in Bahrain to facilitate card processing and payment services.
In 2021, we successfully launch the BFC Pay App which offers a digital wallet (compliant with the WPS initiative by the LMRA and CBB) along with other features such as Money Transfer and Bill Payments.
In 2022, BFC Group successfully completed the sale of its UK Subsidiary, BFC Bank.
Our Services
We work hard to build a brand that thousands of customers know and trust.
We take pride in what we do, and always strive to improve our money transfer and currency exchange services.
We are over 100 years old and still growing fast, with over 46,000 payout agents in over 30 countries worldwide.
Our Values
Care
Knowing we are part of a family who look out for one another.
Trust
We work together to create a culture of respect and appreciation for all.
Efficiency
Building a professional multi-cultural team, to connect with our customers.
Our Vision
To be the prominent money service company that fully engages with our customers, keeping money flowing across borders.
Our Mission
Providing trusted money services in the most caring and efficient way making a positive difference in the lives of our customers.