◊ Company Profile
The first foreign exchange company in Bahrain, BFC started out as a bullion and currency dealer and later diversified into remittance
It was the first exchange house in the Middle East to fully computerize its operation in the 80s.
Bahrain Financing Company has an extensive correspondent network comprising of various prestigious institutions with a presence in over 60 countries worldwide.
BFC aims to maintain leadership by continually evolving to meet market demands and strives to gain recognition as a global leader in the money transfer industry.
◊ Retail Business
The company offers a vast array of retail products including online instant money transfers worldwide, Door to Door delivery service, demand drafts, traveler’s cheques, gift delivery, courier services and foreign currency banknotes.
BFC maintains relationships with in excess of 50 correspondent banks around the world and provides drafts and electronic fund transfers in up to 30 currencies.
The retail products are continually being enhanced and expanded to cater for the unique requirements of the expatriate community living and working in the Kingdom of Bahrain.
◊ Wholesale Dealing Division
BFC is one of the largest Wholesale Banknote traders in the GCC. The Wholesale Dealing Division provides the supply/repatriation of banknotes and funding services for the retail business.
|