ACE Money Transfer
ACE Money Transfer
26 Oct 2026
If you have family in Himachal Pradesh with an account at The Kangra Central Cooperative Bank Limited, you may be wondering how to send them money from abroad and what fees and delivery times apply. This guide explains how international money transfers to a KCCB account work, what bank details you need, and how to check ACE Money Transfer's applicable fees, exchange rates and estimated delivery times before confirming your transfer.
The Kangra Central Cooperative Bank Limited (KCCB) is a regional cooperative bank headquartered in Dharamshala, Himachal Pradesh. The Himachal Pradesh Statistical Year Book 2024–25 records 217 KCCB branches as of 31 March 2025. The bank serves customers across the state, including account holders who may receive remittances from family members working abroad. KCCB's official branch directory lists its branches by district, including locations in Una.
Here's what most senders don't realise upfront: cooperative banks often don't handle international wire transfers natively like large commercial banks. Kangra Central Co-operative Bank does not operate direct foreign exchange infrastructure, and it primarily handles inward remittances rather than direct outward international wire transfers. That means you can't just enter a KCCB branch address in your overseas bank's SWIFT portal and expect a smooth transfer.
Instead, direct international payments to KCCB accounts are processed through partnerships with larger banks. International remittances to KCCB accounts typically rely on correspondent commercial banks to route the funds into India. The money is then converted to INR and credited to the beneficiary's KCCB account via domestic payment rails - NEFT and RTGS are commonly used for domestic money transfers in India, along with IMPS. Essentially, money transfers arrive as local Indian transfers in rupees, pushed to the correct branch using the recipient's IFSC code and account number.
This is where specialist remittance services like ACE Money Transfer come in. Instead of navigating SWIFT codes and correspondent bank chains yourself, ACE handles routing, currency conversion, and domestic settlement. In this article, you'll learn:
What IFSC codes are and how to find the right one for your KCCB branch
Exactly what bank details your beneficiary needs to provide
The step-by-step ACE Money Transfer process for sending money to a KCCB account
Typical transfer times, fees, and compliance considerations
The information in this guide reflects RBI and IFSC data available up to late 2026. Always verify exact branch details with your bank before initiating a transfer.
Every electronic fund transfer in India, whether it starts domestically or arrives from overseas, relies on a single critical identifier: the IFSC code. If you're sending money from abroad to a Kangra Central Cooperative Bank account, you need this 11-character code. Get it wrong, and your transfer could be delayed, rejected, or even credited to the wrong branch.
The Indian Financial System Code is an 11-character alphanumeric code that uniquely identifies every bank branch participating in NEFT, RTGS, and IMPS. Its structure is straightforward:
| Position | Characters | Meaning |
|---|---|---|
| 1–4 | Letters | Bank code |
| 5 | Zero | Reserved for future use |
| 6–11 | Alphanumeric | Unique branch identifier |
For The Kangra Central Cooperative Bank, all IFSC codes start with KACE0. So every KCCB branch IFSC follows the format KACE0XXXXXX; for instance, the Santala branch in District Kangra has the IFSC code KACE0000155.
Each branch has an eleven-character IFSC code starting with KACE0, and no two branches share the same code.
As of 31 March 2025, Kangra Central Cooperative Bank Limited (KCCB) had 217 branches, according to the Himachal Pradesh Statistical Year Book 2024–25, published by the state's Economics and Statistics Department. The network spans primarily across Himachal Pradesh, covering districts including Kangra, Una, Chamba, Hamirpur, and Kullu.
A few key facts about the branch network:
Total branches: 217 across India
Geographic spread: 133 cities in 5 states
Largest cluster: Una, Himachal Pradesh (9 branches)
All branches are CBS-enabled and participate in NEFT, RTGS, and IMPS
You can find the IFSC code for any KCCB branch in several places:
Printed on the first page of the beneficiary's passbook
On cheque leaves issued by the branch
On the bank's official website branch locator
In the RBI's NEFT/RTGS master list
On trusted financial portals - simply search for "Kangra Central Cooperative Bank IFSC" followed by the branch name
A full list of Kangra Central Cooperative Bank IFSC codes is maintained in the RBI's branch register and updated periodically.
For inward remittances, KCCB typically requires the recipient's account number and IFSC code. You also need the account holder's name and account number exactly as they appear in bank records. Even a minor mismatch can cause the domestic payment system to reject the credit or route it incorrectly.
If your family holds an account at The Kangra Central Cooperative Bank, Una branch, you will need that branch's exact IFSC code along with the account name and number for any money transfer. Don't guess - ask them to check their passbook or cheque book.
KCCB generally requires KYC compliance documentation for money transfers, so the beneficiary's account must also be KYC-compliant. If it isn't, the bank may hold the incoming funds until documentation is provided.
Now that you know what details are needed, let's look at how to actually get money from your country into a KCCB account. ACE Money Transfer is a specialist global remittance platform, established in 2002 and operating across 100+ countries. It lets customers in the UK, EU nations, Canada, Australia, and Gulf states send money directly to bank accounts in India, including The Kangra Central Cooperative Bank.
ACE Money Transfer offers an alternative to a traditional SWIFT wire transfer to an Indian cooperative bank. Bank-to-bank wires may involve intermediary banks, each of which may deduct its own fees. ACE displays the applicable exchange rate and transfer fee before you confirm your transaction. Exchange rates fluctuate, and the rate you receive may differ from any rates quoted. Always check the live rate at acemoneytransfer.com before sending.
To credit a Kangra Central Cooperative Bank account, gather these details from your beneficiary:
Beneficiary full name - exactly as per KCCB bank records
Account number - typically 15–16 digits; confirm with the branch
Branch name and address
IFSC code - format KACE0XXXXXX (e.g., KACE0000155 for Santala branch)
ACE does not require a SWIFT code for the beneficiary's local bank because it partners with intermediary banks and payment networks that handle the domestic settlement via NEFT, RTGS, or IMPS. However, a sender must verify KCCB's SWIFT or inward remittance instructions before initiating a transfer through any other channel.
Here is exactly how to send money to a KCCB account through ACE:
Register or log in on the ACE Money Transfer website or mobile app using email, Google, or Apple ID.
Choose India as the destination country and select "Bank Deposit" as the payout method when sending to a Kangra Central Cooperative Bank account.
Enter the recipient's details, including the bank name "The Kangra Central Cooperative Bank Limited", specific branch, account number, and IFSC code (for example, "KACE0XXXXXX").
Select a payment method from the sender's country, such as debit card, credit card, or online bank transfer, and add the payment reason (family maintenance, tuition fees, savings, etc.).
Review the real-time INR exchange rate and total fee, then click "Pay Now" to confirm the transfer.
Track the payment in real time using the ACE reference tracking number until the amount is credited to the KCCB account, usually within minutes to a few business days depending on the sending country and payment method. Rates and fees may vary. Visit acemoneytransfer.com for current rates.
ACE Money Transfer also supports other payout methods in India, including cash pickup at authorised partner locations and mobile wallet crediting. However, for Kangra Central Cooperative Bank specifically, most users choose direct bank deposit using IFSC codes, since not all KCCB branches support UPI and the bank's network is best reached through standard domestic rails.
For a typical UK-to-India bank deposit, ACE charges a flat fee of about £1.99 per transaction, plus a forex spread of roughly 0.1–1.5%. Bank transfers usually complete within 1–2 business days, and card payments may process even faster. Rates and fees may vary. Visit acemoneytransfer.com for current rates.
A few timing considerations:
Transfers initiated on a Friday evening or over the weekend may not fully process until the following Monday, depending on domestic settlement cycles.
Small to medium-value family remittances are normally processed quickly.
Higher amounts may trigger routine compliance checks under RBI and international AML rules; ACE may request proof of source of funds (salary slips, bank statements) for larger sums.
Under the Reserve Bank of India's (RBI) Money Transfer Service Scheme (MTSS), individual inward remittances are capped at USD 2,500, and a single beneficiary may receive up to 30 remittances per calendar year under the scheme. The RBI's Master Direction on MTSS, updated on 29 February 2024, sets these limits.
A sender may use a traditional SWIFT transfer through a correspondent bank to send money to a KCCB account. This route may involve intermediary banks and additional charges, depending on the banks and transfer arrangements involved. Transfer times also vary by provider, destination bank and processing requirements. Rates and fees may vary. Visit acemoneytransfer.com for current timelines.
| Factor | ACE Money Transfer | Traditional SWIFT Wire |
|---|---|---|
| Fee transparency | Flat fee + visible FX spread | Multiple intermediary fees, often unclear |
| Exchange rate | Competitive, shown upfront | Bank markup, sometimes 2–4% worse |
| Speed | 1–2 business days (sometimes minutes) | 2–5+ business days |
| Complexity for sender | Enter IFSC + account number only | May need SWIFT codes, correspondent details |
| Tracking | Real-time reference tracking | Limited visibility mid-transfer |
Intermediary banks may deduct their own fees from international transfers to KCCB through the SWIFT network. The total cost of a transfer can depend on the sending bank, any intermediary banks involved, and the receiving bank’s applicable charges. Contact the relevant banks to confirm any applicable fees before sending.
By contrast, KCCB customers who need to send money abroad typically must use a larger bank or remittance service, since KCCB usually processes outward remittances at branches, not through self-service channels. Under RBI regulations, KCCB may also require a purpose declaration for outward remittance.
To send money to a KCCB account from abroad, choose a suitable transfer method and provide the correct bank details. With ACE Money Transfer, you can review the applicable fees, exchange rate and estimated delivery time before confirming your transfer. Visit acemoneytransfer.com to see the options available for your destination.
Double-check the beneficiary's Kangra Central Cooperative Bank account details and IFSC code with your family in India. A quick phone call can save days of back-and-forth if a digit is wrong.
Once confirmed, create an ACE Money Transfer account and consider sending a small test transaction first. You can track it end to end and verify the funds land in the correct KCCB branch account. After that first successful transfer, you'll have a saved beneficiary profile ready for future remittances, so you won't need to re-enter codes or search for branch details again.
Disclaimer: This article is intended for general informational and educational purposes only and should not be construed as legal, regulatory, tax, business, or financial advice. While reasonable efforts have been made to ensure that all facts, figures, and data are accurate and valid as of the date of publication, no warranty or guarantee is given as to the ongoing completeness, accuracy, or currency of the information.
The content is based on information available at the time of publication. Regulations, government policies, market conditions, and service offerings may change over time and vary across jurisdictions and providers. As a result, some information may no longer be current or applicable. Readers should independently verify all information and consult qualified professional advisors before making any financial, legal, or business decisions.
