Bahrain Exchange Company W.L.L. (BEC), one of Kuwait’s leading worldwide money transfer and foreign exchange companies, announced on 1 June the launch of its latest branch in Mahboula, its 5th retail outlet in the area. Located near the Al Baraka complex and in an area with many labour camps, the Mahboula 5 branch will cater to expatriate workers wishing to send money home to their loved ones back in their home countries.
The branch, which will be open from 9am to 9pm everyday, will offer the full suite of BEC’s products and services including, cash pick-up and credit to account services through EzRemit and MoneyGram, as well as foreign currency exchange at competitive rates. To celebrate the opening of the branch, BEC gave away 50 gold coins to the first 50 customers that made a foreign currency or money transfer transaction at the branch.
Commenting on the opening of the branch, Mathews Varughese, General Manager of BEC, said, “It is our aim at BEC to be where our customers need us. We understand that many of our customers do not have transport and therefore, it is important that our branches are in convenient and accessible locations for them to get to. We are delighted to be opening another branch in the Mahboula district which will provide services to the many expatriates working and residing in the area.”
BEC currently has 36 branches across Kuwait and specializes in sending money around the globe safely and quickly to over 44,000 locations in 30 countries through its own money transfer product – EzRemit. Its global reach is extended to over 200 countries through its partnership with MoneyGram an international remittance company.