BFC Group Holdings Information

BFC Group Holdings W.L.L (BFC Group) was established in January 2008 and are parented by the Islamic Financial Services Group – Bank Alkhair B.S.C ©. We specialise in global money transfers, foreign currency exchange and wholesale currency services. Through nearly a century of development the BFC name has grown into a highly reputable organisation globally. We started in the Kingdom of Bahrain in 1917, trading in gold bullion and continually growing our services when in the 1970’s we entered the remittance market, giving the fast-growing expat community the opportunity to send their hard earned money home. We are licensed by the Central Bank of Bahrain and now specialise in global money transfers, foreign exchange and wholesale currency services. BFC Group continues to grow its retail network and currently has over 130 branches located across the world. In addition, BFC Group also has an extensive global reach of over 200 countries through its partnership with MoneyGram – an international money transfer company. In 2021, we successfully launch the BFC Pay App which offers a digital wallet (compliant with the WPS initiative by the LMRA and CBB) along with other features such as Money Transfer and Bill Payments. BFC Group maintains its leadership by continually evolving to meet market demands and strives to gain recognition as a regional leader in the money transfer industry.