BFC Exchange Limited was originally incorporated in the UK in 2003 (as EzRemit Limited):
BFC Group's strategy was to expand its operations beyond Bahrain and Kuwait. BFC Exchange is now a trading name within BFC Bank Limited whose two core business activities are personal retail remittances and retail foreign exchange. BFC Exchange operates from 14 branches in the Greater London area and an online remittance solution.
A current account allows instant access to real-time balances and transaction information in up to 20 currencies. Accounts can be included in BFC Bank's multi-currency pooling group, subject to approval. Clients can make and receive electronic payments internationally and carry out foreign exchange transactions. Read more >>Read more >>
Many Small to Medium-sized Enterprises (SMEs) and PSPs struggle to understand banking fees and FX charges. The difficulty in identifying the precise nature and breakdown of charges arises when banks are not transparent in how they charge clients and bundle costs. Read more >>Read more >>