ACE Money Transfer joins Bank Alfalah to facilitate payments for overseas Pakistanis

By Gloria Mathias

ACE Money Transfer, a FinTech company based in Manchester, United Kingdom, strengthens its partnership with Bank Alfalah, a commercial bank in Pakistan, to enable overseas Pakistanis to remit money back home seamlessly.

ACE Money Transfer and Bank Alfalah have collaborated with Babar Azam, Captain of the Pakistan National Cricket Team, who has joined them as a brand ambassador.

This strategic partnership aims to significantly enhance overseas Pakistanis’ awareness of utilising legal channels for remittance transactions. His endorsement of ACE Money Transfer and Bank Alfalah’s initiative to promote remittance through official avenues will captivate the attention of overseas Pakistanis.

By choosing to send remittances via legitimate pathways, overseas Pakistanis contribute to their homeland’s economic prosperity while ensuring that their hard-earned money reaches their families securely and efficiently.

ACE Money Transfer allows expatriates to send money from 28 countries, such as Europe, North America, and Australia, to 106 countries worldwide with 375,000 pay-out locations.

The platform anticipates facilitating over $1.25 billion in remittances globally in 2023. For Pakistan, the projected remittance share is set to surpass $800 million, reaffirming the platform’s critical role in supporting the nation’s economic growth through inflows from overseas.

Bank Alfalah and ACE Money Transfer have expanded their offerings beyond remittances. Overseas Pakistanis can now use ACE Money Transfer’s mobile app to pay utility bills, enhancing convenience and accessibility for their customers.

ACE Money Transfer (Aftab Currency Exchange), based out of Manchester, the UK, is a FinTech providing remittance services. It offers impeccable online money transfer services to millions of expatriates with an extensive network of 375,000+ locations spread across 100+ countries worldwide.

Bank Alfalah is a commercial bank in Pakistan with an international presence in the UAE, Bangladesh, Bahrain, and Afghanistan. The bank offers various products and services, including corporate and investment banking, consumer banking, securities brokerage, commercial, small, and medium enterprises, agricultural, Islamic, and asset financing to private-sector institutions and governments.