We’ve got over 100 years of experience in FX and money transfer internationally, making BEC the trusted choice!
Bahrain Exchange Company (BEC) is a leading Money Transfer and Currency Exchange company in the State of Kuwait. Whether you’re sending money home to your loved ones or going on holiday and need foreign currency, we have your Money Transfer and Currency Exchange needs covered.
We’ve been providing our customers with safe money transfer and currency exchange since 1992.
We are licensed by the Central Bank of Kuwait and now specialize in global money transfer, foreign exchange and wholesale currency services.
Our Group History
We started in the Kingdom of Bahrain in 1917, trading in gold bullion and continually growing our services when in the 1970’s we entered the remittance market, giving the fast growing expat community the opportunity to send their hard earned money home. We are licensed by the Central Bank of Bahrain and now specialise in global money transfers, foreign exchange and wholesale currency services.
In 2008, we became part of BFC Group Holdings W.L.L, after Bank Alkhair, the Islamic Financial Services Group, bought a controlling stake in BFC in Bahrain, Bahrain Exchange Company (BEC) in Kuwait and BFC Exchange Limited (formerly known as EzRemit Limited) in the United Kingdom.
Since then, due to great success, BFC Group has grown its retail operations even further, opening up BFC Forex & Financial Services PVT Ltd (BFC Forex) in India.
Bahrain Financing Company Is a Shairah-compliant company.
In 2018, BFC Group launched BFC Payments, licensed by the Central Bank of Bahrain (CBB) as an Ancillary Service Provider with permitted activities of Card Processing and Payment Service Provider
In 2022, BFC Group successfully completed the sale of its UK Subsidiary, BFC Bank.
We work hard to build a brand that thousands of customers know and trust.
We take pride in what we do, and always strive to improve our money transfer and currency exchange services.
We are now 100 years old and still growing fast with many direct and partnership arrangements enabling our customers to send money internationally to over 400,000 agent locations through EzRemit, MoneyGram, Transfast, Xpress Money in 200 countries and territories.
Knowing we are part of a family who look out for one another.
We work together to create a culture of respect and appreciation for all.
Building a professional multi-cultural team, to connect with our customers.
To be the prominent money service company that fully engages with our customers, keeping money flowing across borders.
Providing trusted money services in the most caring and efficient way making a positive difference in the lives of our customers.