BFC Forex Opens 44th Branch in Coimbatore, Boosting Tamil Nadu Presence

12 Aug 24 - India

BFC Forex and Financial Services PVT LTD (BFC Forex), a leading name in foreign currency exchange and outward remittance business in India is proud to announce the opening of its 44 th branch in Coimbatore making it the second branch in the state of Tamil Nadu. As a subsidiary of BFC Group Holdings W.L.L, headquartered in the Kingdom of Bahrain, BFC Forex operates under the esteemed authorization of the Reserve Bank of India (RBI). Holding a prestigious AD Category II license, BFC Forex excels in facilitating seamless outward remittances, adhering strictly by the RBI guidelines.

The new Coimbatore branch is strategically located to offer convenience and accessibility to our valued customers, ensuring they receive top-notch service closer to home. This development underlines BFC Forex’s commitment to growth and dedication to meet the ever-evolving needs of our consumers.

At the inauguration, Mr. Amitava Saha, General Manager and Country Head of BFC Forex, expressed his enthusiasm for the new branch. ” We are excited to announce the opening of our 44th branch in the city of Coimbatore, marking our second location in the state of Tamil Nadu. This milestone fulfils our longstanding objective of expanding our presence in the region, and we are confident that this strategically chosen location will allow us to better serve our customers with increased efficiency and effectiveness. This expansion shows our team’s dedication, who have worked tirelessly to bring our vision into the reality.”

Mr. Kaustav Khan, Head of Operations & Wholesale, stated, ” We are excited to offer customers over thirty major foreign currencies with zero commission and highly competitive rates. This expansion highlights our commitment to delivering accessible and reliable financial services to the dynamic community of Coimbatore. Our presence here will ensure that both individual and business customers can conduct transactions with ease and confidence.

With a robust network of 44 branches across India, BFC Forex is well-positioned as an Authorized Dealer Category – II money changer licensed by the Reserve Bank of India. The company serves as a sub-agent for renowned institutions like Western Union, MoneyGram, Transfast, and Ria Money, enabling it to receive funds from over overseas through a global network of agent locations spread across the globe.

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