BFC Forex and Financial Services PVT LTD (BFC Forex), renowned for its expertise in foreign exchange and outward remittance services across India, proudly announces the grand opening of its 33rd branch in Bhopal, Madhya Pradesh. As a subsidiary of BFC Group Holdings W.L.L, headquartered in the Kingdom of Bahrain, and duly authorized by the Reserve Bank of India (RBI), BFC Forex holds an esteemed AD II license and specializes in seamlessly facilitating Outward Remittances in strict accordance with the guidelines set forth by the RBI.
The recently inaugurated branch, located in the city of Bhopal, aims to cater to the needs of both retail and corporate customers, providing them with unparalleled accessibility and convenience. Our primary objective is to assist students from nearby regions who aspire to study abroad by facilitating university payments and remittances. The branch is strategically positioned in close proximity to nationalized and private banks, ensuring seamless connectivity via railway or roadway for our valued customers.
During the inauguration of the new branch, Mr. Amitava Saha, General Manager and Country Head of BFC Forex, expressed, ” I am thrilled to announce the opening of our 33rd branch in the wonderful city of Bhopal, Madhya Pradesh, marking yet another milestone in our journey to serve our customers better. This expansion would not have been possible without the unwavering support and dedication of our incredible team, who have worked tirelessly to bring our vision to life. I look forward to continuing our journey together and delivering the best to our customers and the community we serve.”
Mr. Kaustav Khan, Head of Operations & Wholesale, conveyed, ” This expansion signifies our unwavering commitment to bringing accessible and reliable financial services closer to the residents and businesses of this dynamic region. With our presence in Bhopal, we aim to create convenience and efficiency, enabling our customers to engage in seamless transactions. Our extensive selection will encompass over 30 key currencies, all available with zero percent commission and offered at competitive rates, catering to both businesses and individual customers alike.”
BFC Forex takes pride in its extensive network of 33 branches across India, holding the esteemed classification as an Authorized Dealer Category – II, granted by the RBI. As a sub-agent for reputable institutions like Western Union, MoneyGram, Transfast, and Ria Money, we possess the ability to efficiently receive funds from over 200 countries and territories. This broad-reaching service is made possible through a vast network of over 400,000 agent locations strategically dispersed worldwide.
