28 Dec 2022
Did you know that your loved ones back home can get more funds just by switching to the right type of money transfer service? Transfer costs and exchange rates can make a huge difference when sending money from a foreign currency to your local one. For instance, if you are an overseas Pakistani living in Europe, you must find a credible provider to send money to Pakistan with the best conversion from Euro to PKR.
Though challenging, you can find a trusted service provider to make economic and secure money transfers with some research. The following guide will help you learn about the best way to transfer money from Europe to Pakistan, with the most benefits in the market. Keep reading to learn more.
Around 2.2 million Pakistanis reside around all of Europe. Most of them send their hard-earned money to support their families in Pakistan, which also aids the Pakistani economy. Hence, the expats need to employ safe and secure money transfer services that allow maximum inflow of remittances at lower rates and faster speed.
Several factors contribute to ensuring fast, secure and affordable transfers, which every expatriate must know. You’ll find ample information regarding these factors below here. Let’s take some insight into why Pakistanis have to move abroad.
Over the previous decades, Pakistan has faced several problems, such as a fragile security situation, slow economic development, natural disasters, and political instability. These factors lead to a massive scarcity of opportunities to earn generous livelihoods. Several skilled and talented individuals preferred to move abroad for better opportunities. Currently, around nine million Pakistanis reside abroad to earn and make money transfers to Pakistan for their families back home, which adds to the progress of the Pakistani economy. More than four per cent of the total population of Pakistan reside abroad and sends remittances of billions each year. The country received $31.2 billion in foreign remittances in FY22 as it has a solid expat community abroad, especially in the UK.
Lack of reasonable employment opportunities, career pursuit, low wages, growing expenses, etc., remains the top reasons that push several Pakistanis to move abroad. Pakistan’s 5th ranking in top remittance recipients shows that millions of overseas Pakistanis work abroad and transfer funds back home. Every money transfer to Pakistan from overseas keeps the ray of hope alive for millions of households in the country.
Do you know how these overseas Pakistanis make quick and affordable remittance transfers to Pakistan from Europe? Here’s how!
An online money transfer is one of the best ways to send money to Pakistan from Europe. Wire transfers are costly and time-consuming and prove to be inconvenient in times of urgency. Opting for a reliable and trusted online money transfer service is advisable.
ACE Money Transfer is a leading remittance-sending service offering effortless and smooth international transactions since 2002. ACE is trusted by millions of expats worldwide due to its supreme expertise and experience in seamless international money transfer. Here are a few reasons to choose ACE to send money to Pakistan from Europe.
Pakistani expats mostly worry about losing a good chunk of the amount in exchanging currencies. Worry no more because ACE offers unbeatable exchange rates so that your loved ones can get the most out of the money transfer. Millions of expats worldwide trust its services, given the highest exchange rates yet at the lowest transfer costs, besides numerous opportunities to win exciting rewards the ACE offers.
Expats cannot be physically present for their families in times of emergency but are expected to provide monetary relief. Conventional methods would easily take 2 to 3 days for the funds to arrive when you send money to Pakistan from Europe. On the other hand, ACE Money Transfer provides swift transactions that prove to be highly convenient in times of urgency. Customers can send money to Pakistan online within just 7 seconds from Europe, Australia, Canada, Switzerland, and the UK via ACE Money Transfer.
ACE is trusted by millions of returning users worldwide due to its top-of-the-line security policies that enable safe transactions. ACE has some of the best anti-fraud and anti-money laundering policies that protect the system from monetary harm. The firm offers wholly end-to-end data encryption, which ensures unbreakable security and complete protection of your funds.
The ACE network operates in a broad range of currencies. The diversity of ACE is what attracts loyal users from all around the world. Funds can be transferred from 28 countries, including the UK, Finland, Greece, Italy, and other European countries. The funds can be transferred to over 100 receiving countries, including Pakistan, Bangladesh, India, Nigeria, Kenya, Morocco, Ghana, the Philippines, and others.
International money transfers are infamous for coming with hefty transfer fees. An ordinary person would refrain from making regular international money transfers. However, you can create as many online transfers to Pakistan as possible with ACE because the transaction fee is exceptionally low. ACE believes in providing ease for its users in every possible way. More importantly, if you are new to ACE, you can get your first transactions absolutely free.
ACE Money Transfer allows convenient, smooth, and reliable money transfers to Pakistan from Europe. International money transfers made through ACE are risk-free and hassle-free, with the least possible transfer fee. ACE offers two simple options that can be utilised to send money to Pakistan.
The ACE online portal can be easily accessed through laptops, smartphones, tablets, or desktop computers. The website is very easy to navigate, with simple and self-explaining procedures.
ACE offers an easy-to-use mobile app that is available on android and iOS platforms. The app makes international money transfers easier with just a few clicks. You can now transfer funds anytime and anywhere without disturbing your comfort.
ACE takes pride in providing top-of-the-line pay-out services in Pakistan for valued users. Funds can be received in Pakistan via the following methods.
ACE Money Transfer remains the top choice for millions of overseas Pakistanis to transfer funds back home. Whether you are in Europe, Canada, Australia, Switzerland, or the UK, you will get the highest exchange rates, the lowest transfer costs, several opportunities to win prizes, and ultimate peace of mind with an unbreakable security system. It operates with an advanced remittance-sending mechanism worldwide, attracting millions of users annually. ACE values loyal users and often conducts different promotional offers that you can utilise to win free gifts or minimise the transfer fees.
Sign up on ACE for an affordable, swift, and secure online money transfer to Pakistan from Europe with the utmost convenience and the lowest transfer fees.