Flash Transfer is a new Credit to Account service from BFC which allows you to transfer money to any bank account in India within minutes. Below are a few commonly asked questions about the service and our answers to help guide you through the process.
Flash Transfer Service FAQs
How can I use the service?
Visit any of BFC's 40+ branches
Make sure to bring along all relevant identification documents and your beneficiary's account details
Ask to transfer money via the Flash Transfer service
How will I know when the money has been transferred?
You will receive an SMS as soon as the money has been credited to your beneficiary's bank account
Your beneficiary will also receive an SMS when their account has been credited
How long does the transfer take?
The transfer is completed within a few minutes
What countries can I send money to via Flash Transfer?
At the moment the service is only available for India, although more countries will be added in the future
How do I receive money via Flash Transfer?
The money is deposited directly in the receiver's bank account
There is no cash pick-up available with this service
Is there an additional charge for using the Flash Transfer Service?
There is an additional charge of 200 Bahraini Fils to use the Flash Transfer service
The total cost of the transfer will be BHD 1.200
What are the benefits of using Flash Transfer?
You can transfer money to any account in India at anytime
The money will be deposited into the receiver's account regardless of whether banks are open or closed in India
The transfer is completed within minutes
You and your beneficiary will both receive a confirmation SMS as soon as the money is credited