09 Oct 2023
Have you ever wanted to send money to Pakistan from abroad but got deterred by the hefty fees? Well, there's good news for you! ACE Money Transfer and Bank Alfalah have teamed up once again to make your experience smoother and cost-effective. Make unlimited fee-free, convenient, secure, and swift 7-second money transfers to your loved ones in Pakistan through ACE and Bank Alfalah. Do you want to know how it works? Let's dive in!
“Overseas Pakistanis can play a significant role in taking the country out of the present economic crisis, where every penny sent to Pakistan from abroad through regulated channels like ACE and Bank Alfalah adds value to Pakistan’s foreign reserves”, says Babar Azam, the captain Pakistan cricket team, and the Campaign Ambassador for ACE Money Transfer and Bank Alfalah.
ACE Money Transfer and Bank Alfalah are both renowned for serving overseas Pakistani communities with top-notch, safe, and economical services so that regulated remittances can aid the country’s economic progress. Pakistan is among the low-to-middle-income countries whose foreign reserves heavily depend on remittances. The country received almost $31 billion in remittances in FY22, which have plummeted to a mere $27 billion in FY23. The fall in remittance inflows proves critical for the nation, and ACE Money Transfer and Bank Alfalah have joined hands to support the country in such circumstances. By offering fee-free remittances with an exceptional speed of 7 seconds and a secure and convenient process, the two partners are set to promote regulated remittances to Pakistan.
ACE Money Transfer, a leading name in the global remittance market, has been facilitating its customers for over a decade. Known for its secure, fast, and reliable services, ACE has earned a stellar reputation, especially among expatriates. Its services are available for customers to send remittances from 28 countries across the UK, Europe, Canada, Australia, Switzerland, and Scandinavia. People can receive these remittances in more than 100 countries worldwide through ACE’s trusted mobile app and website.
Bank Alfalah is one of Pakistan's premier banks, offering diverse financial services to millions. With its extensive network of branches across the country, it ensures the recipient gets their money quickly and conveniently. It has a widespread network of more than 900 branches in several cities of Pakistan. With its collaboration with ACE, customers can benefit from competitive exchange rates and zero-fee transfers.
When two financial giants collaborate, magic happens. ACE Money Transfer and Bank Alfalah's recent partnership is set to redefine money transfers to Pakistan. Aimed at alleviating the burdens of overseas Pakistanis, this partnership promises fee-free transfers, ensuring more money in your loved one's pocket.
Besides, the partnership is set to serve the national cause of discouraging the use of unregulated channels like Hawala/Hundi. For this purpose, bringing awareness among overseas Pakistanis about the benefits of regulated channels and the harms of unregulated methods is more critical. ACE and BAFL decided to voice the message to larger overseas Pakistani communities through Babar Azam, who’s a famous cricket star, the world’s top batsman, and the Pakistan team’s captain. With Babar Azam as a part of the promotion being the Campaign Ambassador, the two partners expect more overseas Pakistanis to get educated about the need to use regulated channels of remittances.
Sounds too good to be true, right? Here's what you need to know:
The offer stands for transfers from the UK, Europe, Canada, Australia, Scandinavia, and Switzerland. Overseas Pakistanis living in these countries can instantly send money to Pakistan online via ACE Money Transfer mobile app or website to any branch of Bank Alfalah in Pakistan.
As enticing as it sounds, the fee-free transfer is a limited-time offer. Overseas Pakistanis can send money home at zero fee through this offer until November 20, 2023. Besides, it’s best to stay connected with ACE’s social media platforms and subscribe to its email updates to learn about the fascinating deals it brings for its customers.
So, how can you avail of this offer? Both partners have ensured a smooth, convenient, and hassle-free process for their customers, which can be learned below.
Thanks to the digital age, online money transfers to Pakistan have become more streamlined and efficient. You don’t have to go through complex procedures and extra details to transfer funds back home. ACE and BAFL have made the process entirely streamlined and convenient for customers.
ACE Money Transfer has redefined convenience, speed, and security. Here are the mere few steps you need to follow to make an instant online money transfer to Pakistan and benefit from the joint offer:
Apart from saving on fees, what else can you look forward to? Here’s an overview of the multiple advantages of the collaboration between ACE Money Transfer and Bank Alfalah.
When sending money home from across borders, exchange rates are the most critical aspect to consider since they decide the amount your recipients will receive. These rates fluctuate continuously, and finding the desired rates is tricky and challenging. ACE Money Transfer and Bank Alfalah ensure that their customers get the highest exchange rates so they can transfer funds with the most benefits.
Both ACE and Bank Alfalah prioritise user security. With advanced encryption and fraud detection mechanisms, you can rest assured your money is in safe hands. Both institutions are renowned, registered, and regulated financial services providers, putting customers’ data privacy and security at the top of their priorities.
Gone are the days of waiting for weeks. Transfers are processed quickly, with most reaching their destination in a matter of 7 seconds when using ACE Money Transfer. ACE’s mobile app and website are equally interactive and user-friendly, allowing you to complete transfers to Pakistan swiftly and securely.
While many services offer online money transfers to Pakistan, the synergy between ACE and Bank Alfalah stands out. Not just the fee-free aspect but the trust and reliability these names bring to the table set them apart.
Further, sending money home through regulated channels will benefit Pakistan’s economic progress through boosted foreign reserves, which are in dire need at present. ACE and BAFL ensure that while playing their part in supporting Pakistan’s economy, the overseas Pakistani communities benefit from exceptional offers of zero-fee transfers, competitive exchange rates, and a secure and speedy process with great convenience.
In a world where every penny counts, ACE Money Transfer and Bank Alfalah's initiative is a welcome relief for many. By eliminating fees and ensuring a smooth process for each money transfer to Pakistan, they've truly transformed the way people send money to Pakistan online. Every overseas Pakistan should benefit from this offer, which will end by November 20, 2023. So, don’t wait anymore and start using ACE Money Transfer and Bank Alfalah to benefit yourself, your loved ones, and your country’s economic progress simultaneously.
How long does the transfer take?
Most transfers are processed within hours, but sending money to Pakistan via ACE Money Transfer takes a mere 7 seconds to complete.
Are there any hidden charges?
No. The fee-free initiative ensures transparency with no hidden costs. You also benefit from competitive exchange rates, which add great value to your hard-earned money abroad.
How can I check the status of my transfer?
You can track your transfer status on the ACE’s mobile app or website platform using your transaction ID.
Is it safe to send money to Bank Alfalah through ACE Money Transfer?
Yes, it’s completely safe and secure to send money to Bank Alfalah in Pakistan from abroad using ACE Money Transfer. Both institutions ensure complete security with end-to-end encryption, so you have peace of mind when transferring funds.
Can I send money from countries other than those mentioned?
If you need to send money to Pakistan from any other country than the mentioned ones, you may contact ACE’s customer support to see if you can get your desired country added to their list.