It is well known that faithful (i.e. dependency preserving) decompositions of relational database schemas into Boyce-Codd Normal Form (BCNF) do not always exist, depending on the set of functional dependencies given, and that the corresponding decision problem is NP-hard. The only algorithm to guarantee both faithfulness and BCNF (if possible) proposed so far in [Os79] is a brute-force approach which always requires exponential time. To be useful in practice, e.g. in automated design tools, we require more efficient means. In this paper we present an algorithm which always finds a faithful BCNF decomposition if one exists, and which is usually efficient, and exponential only in notorious cases.