Why Modern Exchange?

Setting trends par excellence

3 Seconds Credit

With our 3 seconds credit, money is credited in your bank account even before you step out of our branch or log out of our online portal


With our online portal and mobile app, we are reachable anytime, anywhere for seamless remittances


We have $1 branches across Bahrain and growing. You will not miss us.

Multi-lingual Staff

Our talented customer service professionals are multi lingual and we speak your language


Mobile App (Modern Exchange Bahrain), Online


Business remittances? Happy to assist. We have a dedicated corporate department to serve the needs of our corporate clients.

Loyalty Points

Loyalty is always rewarding. Get points every time you remit. You also get rewarded when you refer a friend to us.

Free Insurance

Life is very unpredictable that’s why we offer free life insurance coverage to our customers. No premiums to pay, no policies to fill.

Service Support

We are always delighted to help. Our hotline no 17479200 is active from 8:00am to 09:30pm. You can also write to us at support@mec.com.bh

Modern Exchange Experience

More than a million customers vouch for us. You are just a remittance away from being a customer for life.





About Us

About Modern Exchange Company (MEC) B.S.C(c)

Modern Exchange Company (MEC) B.S.C(c), which entered the Bahrain market in May 2015 is a joint venture of Dr. Esam Abdulla Fakhro, who chairs the Fakhro Group of Companies in Bahrain, Al Mulla International Exchange Co. KSCC in Kuwait-the single largest exchange company in Kuwait and Mr. Ebrahim Al Lengawi, an HNI entrepreneur in Bahrain. The Company currently operates seventeen branches in the Kingdom of Bahrain.

While Modern Exchange is new to Bahrain, its other affiliates–Al Mulla International Exchange Company K.S.C. (c) (AMIEC) in Kuwait and Modern Exchange Company in Oman are the pioneers and market leaders in the money exchange business in the respective countries. The flagship company, Al Mulla International Exchange Company in Kuwait, with 77 branches has the largest market share in Kuwait and has completely transformed the way money transfer business is done by introducing state of the art technology and highly innovative unique value propositions for its customers. The Company has, over the years, emerged as the undisputed leader and the most preferred money remitter for expatriates in Kuwait.

Similarly in the Sultanate of Oman with a network of 28 branches, Modern Exchange Oman is the preferred remittance company due to the value added services, technological innovation and customer service.

MEC Bahrain is committed to innovation and to provide the best in class customer experience. To this effect, the company has introduced cutting edge technology and has established server to server communication links with major banks in all major remittance corridors enabling credit to beneficiary accounts in a matter seconds. Such a facility is already in place with SBI, HDFC and Federal Bank for Indian corridor, UBL, The Bank of Punjab and MCB for Pakistan, BDO for Philippines, Himalayan Bank for Nepal and Commercial Bank of Ceylon for Sri Lanka for serving the expatriate population in Bahrain in a much better way. MEC Bahrain is also working on adding many more such options in other remittance corridors so that the remitters get the best experience in the field of cross border remittances riding on the latest technology. MEC also provides free life insurance cover of BHD 1550 for 30 days from last remittance (T&C Applied) for all its remitters, a first by any Exchange Company, in Bahrain. In addition, the remitter is also provided with a free SMS feedback once the beneficiary account is credited. Another value added benefit is the free loyalty points by which customers will get their transactions done free of cost.




  • $1
    Our Branches
  • 120000
    Customers and growing
  • 200
    Beneficiary countries
  • 15
    Worldwide bank tie ups

Customer Speak








17479200 (8:00 am – 9:30 pm)

Head Office

Building 181,
Road 383, Block 304,
Manama, Bahrain



Contact Us