27 Sep 2023
The latest endeavour of ACE Money Transfer sees the company extending its services to Egypt, a move poised to redefine remittance services in the region. Over 9 million Egyptians reside in foreign countries, and ACE’s mobile app and website are now available for these expatriates to send money to Egypt at low costs and competitive exchange rates. Egypt represents a vibrant market, brimming with potential due to its large expatriate population. The inflow of remittances in Egypt is a crucial aspect of its economy. Let’s look at how Egyptians can benefit from the services of one of the top remittance providers worldwide.
“Before you learn about everything that makes remittance transfers convenient and secure for Egyptian diasporas via ACE’s solutions, it’s noteworthy that you can transfer your funds to Egypt from the UK, Europe, Canada, Australia, Switzerland, and Scandinavian countries.”
Remittances act as a lifeblood for many Egyptian families, contributing significantly to the country's GDP and acting as a stable source of income in times of economic instability. Egypt received $31.5 billion in remittances in 2021, which have plummeted to $28.3 billion with a massive 10% drop. Launching ACE Money Transfer’s services can substantially help increase the remittance inflows to Egypt.
Given the economic landscape of Egypt, the entry of ACE Money Transfer is a timely intervention, providing people with enhanced options for remitting money. More streamlined remittances will indicate a stronger economic climate, improving the life standards of millions of families.
ACE’s presence in Egypt will stimulate economic activity, provide employment opportunities, and aid in the overall economic development of the country. With more legal money transfers from abroad to Egypt, foreign reserves will strengthen, supporting the country’s economic progress.
ACE distinguishes itself in the market through its innovative solutions, designed to make money transfers fast, secure, and convenient. Let’s look at how you can benefit from every money transfer to Egypt from abroad via ACE’s services.
ACE utilises state-of-the-art technology to ensure transactions are completed swiftly and securely, fostering confidence amongst its users. Though the transfer times vary based on the differences between time zones, typically, transfers are completed within hours with ACE Money Transfer.
Employing the latest technological advancements allows ACE to offer unparalleled service, enabling users to send and receive money with ease. Customers can send money home from abroad 24/7 using ACE’s mobile app or website from the middle of their comfort zones or on the go as long as they have working internet.
ACE’s commitment to security is evident through its robust systems, ensuring that users can transact with peace of mind, knowing their data is protected. The company uses modern end-to-end encryption for global money transfers so its customers don’t have to worry about their hard-earned money. The tracking facility of your transfers further adds to the level of security and peace of mind as you know where’s your money throughout the transfer’s completion.
The service’s convenience is exemplified by its user-friendly interface and extensive network, catering to a diverse customer base. ACE’s mobile app and website are highly interactive and user-friendly, enabling quick money transfers through a mere few taps on a mobile or tablet screen or a few clicks on the computer or laptop screen.
ACE’s platform is designed with user convenience in mind, making the process of sending and receiving money straightforward and hassle-free. It doesn’t require complex procedures, but only a few steps help you make an instant and secure online money transfer to Egypt from overseas.
With a network of 375K+ payout partner networks sprawling across more than 100 countries, ACE ensures that users can access its services from almost any corner of the world, reflecting its global approach to financial services.
ACE Money Transfer serves its global customers with multiple sending and receiving methods, so they don’t have to worry about their transactions. The following methods are currently active for customers to send money to Egypt via ACE’s remittance solutions.
Every Egyptian expatriate can directly deposit money into the recipient’s bank account in any commercial bank in Egypt. It’s important to note that you won’t need to worry about bank holidays and non-banking hours since ACE allows you to send money through its mobile app and website 24/7.
Digital wallet transfer is a fast, convenient, and widely used way of transferring and receiving funds. Using the following wallets, Egyptian expats can send money to their loved ones in Egypt via ACE Money Transfer:
The advantages of using ACE Money Transfer are manifold, with competitive exchange rates, low transfer fees, and exceptional customer support.
ACE offers highly competitive exchange rates, maximising the value that customers receive from their transactions. Customers can check these exchange rates live on ACE’s mobile app and website to decide the best time for their money transfers.
The company’s emphasis on affordability is reflected in its minimal transfer fees, making it an attractive option for customers seeking cost-effective solutions. On your first sign-up with ACE, you enjoy a completely Fee-Free first money transfer, which is a welcoming bonus from the company.
ACE’s dedicated customer support team is always ready to assist users, resolving queries and addressing concerns with professionalism and care.
Established in 2002 with the intent to provide top-notch financial services, ACE Money Transfer is renowned for its efficiency and customer-centric approach. Its reputable standing in the financial service sector is a testament to its commitment to excellence.
Originating with a vision to create seamless, affordable, and quick money transfer solutions, ACE Money Transfer has been a beacon of reliability and integrity in the remittance industry, continually refining its services to meet customer needs.
ACE’s relentless pursuit of improvement has led it to extend its services across various continents, allowing a wider audience to experience its unmatched services.
The company prides itself on its core values of trust, customer satisfaction, and innovation, forming the foundation upon which it builds its services.
ACE Money Transfer’s expansion to Egypt is a significant development, offering fast, secure, and convenient solutions to the remittance market in the region. You can instantly send money to Egypt online from the UK, Europe, Canada, Australia, Switzerland, and Scandinavia via ACE’s website or mobile app. By providing innovative services, ACE is not just facilitating easy transactions but also contributing to the economic growth of Egypt, making it a valuable asset to the local population and economy.
How secure is ACE Money Transfer?
ACE Money Transfer employs cutting-edge technology to ensure a secure transaction environment, safeguarding user data and funds.
Can I access ACE Money Transfer from any location?
Yes, ACE has a wide network that allows users to access its services from various countries across the globe.
How competitive are the exchange rates offered by ACE?
ACE provides highly competitive exchange rates, ensuring customers receive maximum value for their transactions.
Does ACE Money Transfer have a user-friendly interface?
Absolutely, ACE’s platform is designed for user convenience, offering a straightforward and hassle-free experience for sending and receiving money.
Is ACE Money Transfer an affordable option for remittances?
Yes, with its low transfer fees, ACE Money Transfer is a cost-effective solution for remittances.