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Big News: ACE Money Transfer Secures a Payment Institution License from Central Bank of Ireland, Gears up for the Next Phase of Growth

Big News: ACE Money Transfer Secures a Payment Institution License from Central Bank of Ireland, Gears up for the Next Phase of Growth

15 May 2024


Key highlights of the article:

 

  • ACE Money Transfer becomes one of the select few remittance companies to be awarded this license
  • Customers can send their remittances from Europe to more than 100 countries in seconds using the ACE mobile app

ACE Money Transfer, a leading global money transfer service, is proud to announce that it has recently secured a Payment Institution License from the Central Bank of Ireland. As financial technologies and services continue to evolve, the importance of regulatory compliance remains paramount. 
 

ACE Money Transfer has consistently demonstrated a commitment to upholding the highest standards of service and reliability. The recent license from the Central Bank of Ireland is more than a regulatory approval; it serves as a testament to ACE's operational integrity, security, and customer-centric approach. It reaffirms the company's dedication to providing safe, reliable, and efficient payment services while adhering to the highest regulatory standards.

"We are thrilled to have been granted this license by the Central Bank of Ireland," remarked Mr. Rashid Ashraf, CEO at ACE Money Transfer UK. "This achievement not only validates our expertise and credibility in the financial industry but also opens up exciting opportunities for growth and innovation. We look forward to serving our customers in Ireland and beyond with even greater capabilities and efficiency. We’re excited to double down on our commitment to our customers as we continue forward in our mission of delivering their promises."

ACE Money Transfer continues to commit itself to the highest standards of transparency and security, working collaboratively with regulatory bodies, industry partners, and stakeholders to foster innovation and positive developments in the payment industry.


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