BEC Kuwait

BEC Opens doors to 63rd branch in Kuwait

28 Nov 22 - Kuwait

Kuwait City, November 2022: Bahrain Exchange Company W.L.L. (BEC), one of Kuwait’s leading worldwide money transfer and foreign exchange companies, has announced today the opening of its 63rd retail outlet and 5th in Salmiya.

Situated in Naser Al Bader Street, Block 12, will be open for business from Saturday to Friday, 9am – 9pm. The branch will cater to many locals and expatriates in the area who require money transfer and currency exchange services. Customers will be offered great rates on currency exchange and BEC’s full suite of money transfer services, including Cash Pick-up and Credit to Account through EzRemit, MoneyGram and Transfast.

The branch was inaugurated by CEO of BEC Mr. Mathews Varughese. Commenting on the new branch Mr. Mathews Varughese said, “Part of our business strategy is to open convenient and accessible branch locations and to take BEC closer to our customers. As Salmiya is highly populated with expatriates living and working there, we felt it was ideal to open our 5th branch to meet the needs of customers.”

BEC currently has 63 branches conveniently located across Kuwait and specialises 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 and territories through its partnership with MoneyGram an international remittance company. BEC also has its own online money transfer service, BEC Online, allowing customer to send money fast, safe and securely from the comfort off their own home or office or on the go through BEC App.


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