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Al Ansari Forex and Financial Services Private Limited (Formerly BFC Forex)

Head Quarters: C&B Square, Andheri (East), Mumbai – 400059, India

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RBI License Number

: MUM-ADII-1022-2024

Status of Authorisation:

Authorised Dealer Category II (AD2)

With a legacy spanning over a century, Al Ansari Forex and Financial Services Private Limited (formerly BFC Forex), brings unparalleled expertise to international foreign exchange and money transfers. Originally established in 1917 and now an RBI-authorised AD-II in India, the company remains a trusted name in global finance. Backed by a robust international network including Al Ansari Exchange and Bahrain Financing Company (BFC), they offer comprehensive solutions for retail, corporate, and wholesale foreign currency exchange. Their services include outward remittance and multi-currency Forex travel cards, ensuring seamless transactions for diverse global needs.

ExTravelMoney is proud to continue its partnership with this financial leader, enabling our customers to benefit from their century-long experience and enhanced global reach, along with ExTravelMoney’s easy processing and partner benefits.

Role of Al Ansari Forex in Remittance:

  • Provides real-time exchange rates to ExTravelMoney for multiple currencies.
  • Receives and prioritises customer leads from our platform.
  • Verifies customer eligibility and collects required KYC documents.
  • Accepts payments securely as per the approved estimate.
  • Transfers funds to beneficiaries via partner AD-1 banks and global networks.
  • Shares the SWIFT copy and GST invoice with the customer.

Expected time for beneficiary credit: International remittances (Wire/TT/SWIFT) are typically credited within 1 to 3 international working days, subject to AML and compliance clearance.

Partnered Products:

  • Outward Remittance from India under LRS
  • Buying & Selling of Foreign Currency Notes
  • Prepaid Forex Travel Card