Bahrain Financing Company (BFC), one of the oldest and leading money transfer and currency exchange companies in the kingdom, began its journey in 1917 by trading in gold bullion and currency exchange.
Over the years it has introduced new products and services keeping up with the market trends, marking 100 years of business in 2017.
BFC has grown its ever-expanding retail network and is now spread across 52 strategically-located branches in Bahrain, with new outlets in Oasis Mall, Atrium Mall and Tubli.
The relaunch of the enhanced BFC app enables money transfer at your fingertips with smart money, which shows its commitment to providing innovative and convenient products and services to customers.
The app allows for easy access to fast and secure online money transfer to more than 150 countries anytime, anywhere, and includes additional features such as currency convertor, up-to-date exchange rates and fees, favourite currencies management tool and corporate services features.
BFC corporate and individual customers can benefit from preferential rates and charges, booking of foreign currency and money transfer, managing beneficiaries, tracking order history and delivery and pick-up options when booking an order.
Commercially registered entities across Bahrain can register with the BFC app corporate services by filling the online form after which they will be contacted by BFC to complete the app registration.
The new app is free to download on the App Store for iOS and on Google Play for Android.
BFC’s commitment to the local community continues through several corporate social responsibility activities and participation in social causes.
Last year, it helped the Kerala flood victims by donating a significant amount to the Kerala Chief Minister’s Relief Fund.
This year, BFC distributed over 7,000 free Iftar meals and the company plans to run a blood donation drive and free health check-up for customers in the coming months.
A major milestone in 2018 for its parent holding company, BFC Group Holdings, was the launch of BFC Payments, which focuses on several platforms of payment processing with more focus on digital horizons.
Over the years, BFC Group has expanded to over 140 retail locations across Bahrain, Kuwait, UK, India and Malaysia.
The group also has its own money transfer product, EzRemit, which is available in over 30 countries across the world with more than 40,000 agent locations worldwide.