BFC Group Holdings W.L.L. (BFC Group) is the principal owner of a group of companies specialising in global money transfers, foreign exchange and wholesale currency services. Parented by the Islamic Financial Service Group Bank Alkhair B.S.C. (C), BFC Group was established as a Shariah-compliant organisation in January 2008. The history of the companies that are incorporated under the Group date back over 100 years, with Bahrain Financing Company (BFC) first trading in Bahrain as a gold bullion and currency exchange. Today the Group includes an international network of money exchanges with over 130 branches across 3 countries. We are growing fast with many direct and partnership arrangements enabling our customers to send money internationally to over 400,000 agent locations through EzRemit, MoneyGram, Transfast, Xpress Money in 200 countries and territories.
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.
In 2022, BFC Group successfully completed the sale of its UK Subsidiary, BFC Bank.
BFC Payments B.S.C. (C) is licensed by the Central Bank of Bahrain (CBB) as an Ancillary Service Provider with permitted activities of Card Processing and Payment Service Provider. This newly formed entity is affiliated with a century-old business and is fully owned by BFC Group. With a vision to become one of the leading electronic payments and FinTech solutions companies in Bahrain, BFC Payments offers pioneering electronic payments solutions that give clients and end users peace of mind and security.
We provide a full service solution delivered with Care, Trust & Efficiency.