BFC Forex & Financial Services PVT LTD (BFC Forex) licensed by the Reserve Bank of India (RBI) has opened its 19th and 20th branches at Noida, Uttar Pradesh and Bhubaneswar, Odisha states. BFC Forex, an approved and licensed entity under RBI’s Money Transfer Service Scheme (MTSS), is owned by BFC Group Holdings, a leading international money transfer and foreign exchange group based in the GCC.
The Noida branch is located in J. S. Arcade at Sector 18 and the Bhubaneswar branch is located in Ashoknagar at Janpath. Both branches are strategically located at prominent business centers catering to retail, forex, corporate and individual customers, as well as providing wholesale services to the local businesses.
Commenting on the recent expansion of its retail network, Mr. Amitava Saha – General Manager and Country Head of BFC Forex said, “I am delighted to announce the opening of our 19th and 20th branches. As part of our ambitious expansion strategy to reach all regions of the country, we are particularly proud of accomplishing this amazing milestone of 20 branches. This demonstrates our firm commitment to meeting our customers’ expectations in ensuring that they have a more convenient and pleasurable experience with BFC Forex. With a committed and passionate team, BFC Forex aims to continue its expansion”.
BFC Forex currently has 20 branches across India and is licensed as a Fully-Fledged Money Changer (FFMC) granted by RBI. We are a sub-agent of Western Union, MoneyGram, Xpress Money and Ria Money with the ability to receive money from over 200 countries and territories. We have also been appointed as the Indian Agent for EzRemit Money Transfer. EzRemit provides money transfer services to over 30 countries with more than 46,000 agent locations worldwide. With the license under the Money Transfer Service Scheme (MTSS), BFC Forex is able to serve customers by cash payments across its own counters and also through a sub-agent network of more than 15,000 locations in India.
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