BFC Forex and Financial Services PVT LTD (BFC Forex) is delighted to announce the grand opening of its 34th branch in Ranchi, marking its first venture into the state of Jharkhand. With a strong reputation for its exceptional expertise in foreign exchange and outward remittance services across India, BFC Forex takes great pride in this expansion. As a subsidiary of BFC Group Holdings W.L.L, headquartered in the Kingdom of Bahrain, and duly authorized by the Reserve Bank of India (RBI), BFC Forex operates under the esteemed AD II license. This license allows us to specialize in seamlessly facilitating Outward Remittances, ensuring strict adherence to the guidelines set forth by the RBI
The newly inaugurated branch, situated in the city of Ranchi, is dedicated to serving the requirements of both retail and corporate customers, offering them unmatched accessibility and convenience. Our main goal is to support students from nearby regions who aspire to study abroad by facilitating university payments and remittances. The branch is strategically located in the commercial area of H B Road, right at the heart of Ranchi City, specifically Firayalal Chowk, ensuring effortless connectivity for our esteemed customers.
During the inauguration of the new branch, Mr. Amitava Saha, General Manager and Country Head of BFC Forex, expressed, “We are thrilled to proudly inaugurate our 34th branch in the vibrant city of Ranchi, Jharkhand, marking a significant milestone in our expansion journey. This momentous step into the state of Jharkhand is a testament to our commitment to better serve our customers. I want to extend my heartfelt gratitude to our incredible team, whose unwavering support and dedication have made this expansion possible. Together, we will continue our journey of delivering exceptional services and making a positive impact on the community we serve.”
Mr. Kaustav Khan, Head of Operations & Wholesale, conveyed, ” This expansion underlines our steadfast dedication to providing accessible and dependable financial services to the residents and businesses of this thriving region. By establishing our presence in Ranchi, our objective is to deliver convenience and efficiency, allowing our customers to seamlessly engage in transactions. Our wide array of offerings will encompass more than 30 major currencies, all provided at competitive rates with zero percent commission, catering to the needs of both business entities and individual customers.”
BFC Forex boasts a robust network of 34 branches throughout India, proudly maintaining the prestigious Authorized Dealer Category – II classification bestowed upon us by the RBI. As a trusted sub-agent for renowned institutions such as Western Union, MoneyGram, Transfast, and Ria Money, we have the capability to seamlessly receive funds from over 200 countries and territories. This extensive service is facilitated by a vast network of more than 400,000 agent locations strategically positioned across the globe.
