Kuwait City, January 2025: 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 new retail outlet in Farwaniya and its 7th in the Farwaniya area.
Situated on street 40, Block 4, will be open for business every day, 8am – 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 the CEO of BEC Mr. Mathews Varughese. Commenting on the new branch, Mr. Mathews Varughese said, “This new location highlights our commitment to enhancing customer experience and building a dynamic, engaged community.”
BEC currently has 61 branches conveniently located across Kuwait and specialises in sending money around the globe safely and quickly to over 46,000 locations in 200 countries and territories through its partnership with MoneyGram an international remittance company. BEC also has its own online money transfer service, BEC Pay, allowing customer to send money fast, safe and securely from the comfort off their own home or office or on the go through BEC Pay App or portal.