16 Feb 2023
ACE Money Transfer, a global money transfer company, has partnered with Habib Bank Limited (HBL) to offer an exciting opportunity for Pakistani customers. As part of the promotion, all Pakistani expats who send money to Pakistan through ACE Money Transfer and receive it through HBL will be entered into a lucky draw to win a brand new Toyota Fortuner 2.7G or one of 10 iPhone 14 Plus devices. This promotion is not only a chance for customers to win big but also a reflection of the growing trend of digital financial services in Pakistan. Let’s take a closer look at this exciting collaboration and what it means for customers in Pakistan.
ACE and HBL have teamed up to boost remittance inflows to Pakistan sent from the UK, EU, Canada, Switzerland, and Australia as part of this promotional campaign. Both partners are giving away massive prizes to encourage overseas Pakistanis to use regulated channels for transferring remittances to Pakistan to help stabilise the country’s economy.
Furthermore, ACE Money Transfer and HBL have embraced the most art technologies for their operational activities in light of the global shift toward digitisation. The visionary duo complements one another in terms of their services, emphasising customer service, security, and convenience. Participating in this campaign will give you access to various intriguing prizes.
With the help of the ACE and HBL partnership, users can send money with ease using the ACE app, and recipients can instantly pick up that money in cash at any HBL branch located throughout Pakistan. ACE Money Transfer and HBL hope to boost the dwindling remittance inflows through cost-effective solutions combined with the best exchange rates and alluring benefits.
Basically, this collaboration will aid in international transactions and support Pakistan's economy's steady expansion. ACE and HBL want to improve the lives of Pakistanis by making them simpler, easier, and more comfortable because overseas Pakistanis are suffering abroad. All you have to do is send money to Pakistan online from the UK, EU, Canada, Australia, or Switerzaeland until the 15th of March 2023 to be one of the lucky winners.
By sending money before March 15 via ACE Money Transfer as a bank deposit or for cash pickup from any of the 1650+ HBL branches throughout Pakistan, customers in the UK, Europe, Canada, Australia, and Switzerland can enter to win one of 10 iPhone 14 Plus or a brand-new Toyota Fortuner.
These iPhones will be distributed to the winners selected through five separate drawings held in accordance with the dates/schedules specified. The Toyota Fortuner winner will be picked via the 6th (the final draw) lucky draw, who may designate any relative or close friend living in Pakistan to accept the prize on their behalf. Click Here to learn more about the lucky draw schedules.
Customers can enter more than once to increase their chances of winning, but doing multiple transactions to the same recipient on the same day will only count as one entry. Multiple entries are considered when there are more transactions to various recipients in a day. The rules that apply to this campaign will be largely the same as those that apply to the other campaigns.
Remittances are referred to as migrant inflows and temporary employee income transfers in Pakistan (personal remittances). The importance of remittances to Pakistan's economy cannot be overstated, as they bring in much-needed dollars to increase the country's foreign exchange reserves. Pakistan is the fifth-largest recipient of remittances worldwide, with $31.2 billion received in remittances in FY22. However, the remittance inflows have plummeted through the third and fourth quarters of 2022, posing an alarming situation for the country.
As they account for nearly half of Pakistan's import costs and the deficit in the country's goods trade account, sending money to Pakistan is crucial to stabilising its external sector. But because of the global economic slowdown, they are now under pressure. The State Bank of Pakistan has been attempting to come up with solutions to boost domestic remittances in the current situation.
The remittance industry in Pakistan has been driven by ACE Money Transfer and HBL, who have made it possible for millions of customers worldwide to conduct transactions quickly and easily. The biggest provider of remittances to Pakistan from Europe is ACE Money Transfer, and the biggest financier in Pakistan, HBL, has over 23 million customers worldwide. Customers of ACE now benefit from their new campaign.
So, without further ado, enter the lucky draw to win one of 10 iPhone 14 Plus or a brand-new Toyota Fortuner by making a quick and secure online money transfer to Pakistan.
Pakistan needs remittances now more than ever; overseas Pakistanis must step up to help stabilise the country’s falling economy. Where the State Bank of Pakistan has started taking effective measures, ACE Money Transfer and HBL have joined forces to encourage customers to use regulated channels of remittances by giving away 10 new iPhone 14 Plus and a brand new Toyota Fortuner 2.7G. The promotion is open until the 15th of March 2023, so don’t waste time and grab your chance by sending money to Pakistan via ACE and HBL.