BFC opens 52nd Branch at Tubli

The new branch in Tubli further reinforces BFC's position as the exchange with the most extensive branch network in the Kingdom of Bahrain.


Manama: Bahrain Financing Company (BFC) the Kingdom’s oldest and leading worldwide money transfer and foreign currency exchange specialist has reached a significant milestone with the opening of its 52nd branch today. The new branch in Tubli further reinforces BFC’s position as the exchange with the most extensive branch network in the Kingdom of Bahrain.

The new branch was officially inaugurated by Mr. Pancily Varkey (General Manager- BFC), Mr. Deepak Nair (Head of Retail Sales and Branches) and Mr. Hussain Marzooq (Zonal Manager) in the presence of other members of the senior management from BFC.

The branch is located near Al Ahali Garden, in Block 709, Avenue 5 and will be open from 8am to 9pm, seven days a week, offering BFC’s diverse range of fast and reliable international money transfer products, including EzRemit and MoneyGram, plus a choice of over 40 global currencies to buy or sell at market leading exchange rates.

To celebrate the opening of the branch, BFC gave away 200 gold coins to its first 200 customers transacting at the branch. Commenting on BFC’s opening in Tubli area, Mr. Pancily Varkey, General Manager of BFC said, “Today’s news marks a historic achievement in the progress of BFC as the leading money transfer

and foreign currency specialist in the Kingdom. As part of our ambitious expansion strategy to reach all regions of the country, we are particularly proud of accomplishing this amazing milestone of 50 plus branches. This demonstrates our firm commitment to meeting our customers' expectations in ensuring that they have a more convenient and pleasurable experience with BFC. With a committed and passionate team, BFC aims to continue its expansion”.

BFC started in 1917, trading in gold bullion and incessantly growing its services. In 1970’s BFC entered the remittance market, giving the fast-growing expat community the opportunity to send their hard-earned money home.

BFC currently has 52 branches across the Kingdom of Bahrain and specializes in sending money around the globe safely and quickly to over 46,000 locations in 30 countries, through its own money transfer product – EzRemit.  Its global reach is extended to over 200 countries through its partnership with MoneyGram, an international remittance company.  With Smart Money, the online money transfer service of BFC, you can now send money online to over 150 countries. BFC is the leading provider of foreign currency exchange in Bahrain and customers can buy or sell foreign currency at the most competitive rates in the market from any of the BFC branches.


About BFC Group Holdings

BFC Group Holdings (BFC Group / The Group) is the holding company for Bahrain Financing Company (BFC), Bahrain, Bahrain Exchange Company (BEC), Kuwait, BFC Bank Limited (formerly BFC Exchange), United Kingdom, BFC Forex & Financial Services PVT Ltd (BFC Forex), India, BFC Payments (Bahrain) and BFC Exchange Malaysia Sdn.Bhd. (BFC Exchange), Malaysia.  The Group specializes in sending and receiving money securely and efficiently across the globe and offers foreign currency exchange solutions at the best available rates.  With a history of over a 100 years, BFC Group continues to grow its retail network and currently has over 130 branches located across the world. Its money transfers product – EzRemit - is also present in over 30 countries with more than 46,000 agent locations worldwide. In addition, BFC Group also has an extensive global reach of over 200 countries through its partnership with MoneyGram – an international money transfer company.  For more information visit .

Issued on behalf of BFC by FROM6

For press information contact:
Anoop Prasannakumar
Group Marketing Manager
Bahrain Group Holdings WLL 

© Press Release 2019

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