BFC Forex

With a legacy spanning over a century, BFC Forex brings unparalleled expertise to international foreign exchange and money transfers. Originating in the Kingdom of Bahrain in 1917, and now an RBI-authorised ADII in India, BFC Forex is a trusted name in global finance. As part of BFC Group Holdings, alongside Bahrain Financing Company (BFC) and Bahrain Exchange Company (BEC), they are backed by a robust international network.

Specialising in retail, corporate, and wholesale foreign currency exchange, including services for RBI-authorised FFMCs, AD IIs, banks, and travel agents, BFC Forex offers comprehensive solutions. Their services encompass foreign currency exchange, outward remittance, and multi-currency Forex travel cards, ensuring seamless transactions for diverse needs.

Extravelmoney is proud to partner with BFC Forex, enabling our customers to benefit from their extensive experience and reliable financial services along with Extravelmoney’s partner benefits and easy processing.

• Provide exchange rates to ExTravelMoney for multiple currencies and remittance purposes.
• Receive the customer lead when customer chooses BFC Forex.
• Verify the customer’s eligibility, collect & confirm the required KYC documents.
• Accept payment from the customer as per the approved estimate.
• Execute the transfer to the beneficiary via its partner AD1 banks.
• Share the SWIFT copy and the GST invoice, along with the required breakups, with the customer.

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

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