BFC Exchange

BFC Exchange
Reader Rating5 Votes
3.3

Last updated: October, 2020

About BFC Exchange

BFC Exchange is the trading name of BFC Bank Limited. BFC Exchange is not a full-service commercial bank, bus specialises solely in money transfer and currency exchange services for customers sending money abroad or looking to buy foreign currency.

BFC Exchange was founded in 2003 as EzRemit Limited, aimed at providing customers with the ability to send money overseas with competitive foreign exchange rates. EzRemit became part of BFC Group after Islamic financial services group Bank Alkhair bought a controlling stake in Bahrain Financing Company (BFC).

Now in its second decade, BFC Exchange has more than 46,000 agents in 30 countries and ten physical branches mostly in the London area.

BFC Exchange Products and Services

BFC Exchange is specifically focused on providing money transfer and currency exchange services to customers. Their online remittance service, named Smart Money, offers a flexible service responsive to customers’ differing needs. Customers can:

  • Transfer money to bank accounts worldwide
  • Transfer money for instant cash collection
  • Manage beneficiaries
  • See all transactions with online statements
  • Transfer money online 24 hours a day, seven days a week
  • Enjoy the best possible foreign currency exchange rates
  • 0% commission on more than 60 currencies

BFC Exchange also has an optional Buy Back service, offering a buyback of foreign currency at the same exchange rate as at purchase. Foreign currency can be exchanged within 31 days of purchase for just £3.99 at any BFC Exchange branch. Proof of purchase must be provided.

BFC Exchange Security

BFC Exchange offers customers extensive advice and guidance about keeping their personal information safe online; this information, plus a data and privacy policy, can be found at the official website.

BFC Exchange is authorised by the Financial Conduct Authority (FCA) under the Payment Service Regulations 2009 for the provision of payment services.

BFC Exchange Bank Contact Details

9th Floor
South Quay Plaza
189 Marsh Wall
London
E14 9SH

Telephone: 020 8181 3680

Email: [email protected]

BFC Exchange

Helping the UK make informed banking decisions
  1. 1
    I’m trying to call but no one answering

    BFC Exchange Service sending money is Good but call centre service is very bad no one answering the phone if anything happens or rejects any transaction.

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