Currency Exchange FAQs

FAQ’s

Get answers to frequently asked questions regarding our services.

How can I locate the nearest branch?
We have over 50 branches conveniently located across Bahrain. To find a branch near you, use our branch locator tool.
How can I pay for BFC services?
  • Cash (in-branch only)
  • Bank transfers
  • Debit cards
I have a concern about a transaction, who can I contact?
Please send the details of your transaction to customerservice@bfc.com.bh or call us on +973 1722 8888.
What is a transaction fee?
The transaction fee is the commission we charge for offering our services to you. This is based on the amount you send. Contact us for more details on the transaction fee.
What is an exchange rate?
Each country has its own currency.  In any money transfer or foreign exchange transaction, there is a local currency and a foreign currency which will have different values. The difference between these two rates will have an impact on the money you send and that will be received.
Where do I find the exchange rates?
Please check our exchange rate table:
How do I transfer money online?
Visit BFCsmartmoney.com to register through a quick and easy process. We will guide you from there. Visit BFCsmartmoney.com now!
What is a transaction fee?
The transaction fee is the commission we charge for offering our services to you. This is based on the amount you send. Contact us for more details on the transaction fee.
What is BFC SmartMoney?
BFCsmartmoney.com is BFC Exchange’s online money transfer website, through which you can send money securely to your loved ones from the comfort of your home or office. For more details visit BFCsmartmoney.com.
What is Credit to Account?
This is transferring money direct into a bank account of your beneficiary. Generally, it takes up to 24-48 working hours to reach at the beneficiary’s account except weekends and bank holidays. Please ask branch staff or customer care team (customerservice@bfc.com.bh / (+973 1722 8888) for details.
Which Money Transfer option is best for me?
Depending on the time, your location and the receiver’s location, the best option for money transfer differs. For more information on your money transfer options, visit our Money Transfer page. Alternatively, please contact us and our team will be more than happy to help you find the best option that suits your needs.
Are the exchange rates the same every day?
No, exchange rates are dynamic and are constantly being updated to ensure you have our latest and most recent rates.  Please always check the exchange rate before you process your transactions.
What is a transaction fee?
The transaction fee is the commission we charge for offering our services to you. This is based on the amount you send. Contact us for more details on the transaction fee.
What is an exchange rate?
Each country has its own currency.  In any money transfer or foreign exchange transaction, there is a local currency and a foreign currency which will have different values. The difference between these two rates will have an impact on the money you send and that will be received.

Send Money Online

Send Money Online
You can send money online using your debit card to over 30 countries with our safe and secure Online Money Transfer Service, BFC Smart Money.
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Currency Converter

Currency Converter
Great rates and low fees! We offer excellent rates for money transfers, and we don’t charge commission on foreign currency exchange!
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We’d love to hear from you, so feel free to get in touch with any feedback or a query and one of our team will get back to you.
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