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BFC Forex opens 6 new retail networks in Kerala

Posted on Dec 08, 07:50PM | UNI

BFC Forex and Financial Services PVT LTD (BFC Forex) licensed by the Reserve Bank of India (RBI) announced the launch of 6 new branch locations in Kerala today.

BFC Forex, which was set up in December 2004, as an approved and licensed entity under RBI's Money Transfer Service Scheme (MTSS), is owned by BFC Group Holdings, a leading international money transfer and foreign exchange group based in the GCC, a press release said here.

BFC Group is present in over 40 countries with more than 44,000 locations through its own money transfer product EzRemit and has a global reach of over 200 countries through its partnership with MoneyGram, a leading global money transfer company.

The new branches in Kottayam, Pathanamthitta, Kollam, Kodaganallur,Chavakad and Kasargod increases the total number of BFC Forex locations in Indian to 14, helping to extend its reach to a larger inward remittance market.

The conveniently located branches will allow customers to collect their money quickly and safely, plus experiencing the same high standard of customer service of that from any BFC Group send location.

Commenting on the opening of the branches Mr Bhaskar Rao, Executive Director and Country Head of BFC Forex, said 'The opening of our new branches are part of our commitment to provide an extensive network of locations for our customers receiving money from overseas. From our experience in the send market, BFC Group understands the importance of providing a great service that customers can trust and offering products which can make their lives easier.'