ACE Money Transfer - Blog

Win Huge Cash Rewards by Sending Money to People's Bank in Sri Lanka via ACE Money Transfer from Overseas

Win Huge Cash Rewards by Sending Money to People's Bank in Sri Lanka via ACE Money Transfer from Overseas

16 Jun 2023

Have you ever imagined sending money back home and ending up a millionaire? Imagine no more! For the diaspora of Sri Lanka living across the UK, Europe, Australia, Canada, and Switzerland, it's more than a mere daydream. Simply send money to Sri Lanka via ACE Money Transfer to any People’s Bank account and stand a chance to win a whopping LKR 10 Million or other massive cash rewards. Here's your guide on how to win these cash rewards; keep reading to learn everything about this fascinating opportunity.

Understanding the Prize Concept

Transferring money can be more than just fulfilling familial obligations. If done right, you can hit the jackpot and change your life!


It’s especially true for 3+ million overseas Sri Lankans, most of whom settle abroad and send money home for financial support, adding value to the country’s economic growth. Since foreign remittances hold critical value for the nation, the People’s Bank of Sri Lanka initiated an effective measure of incentivising remittance transfers to boost the inflows to the country through regulated channels. After observing its positive results, the bank has announced cash rewards yet again this consecutive year. ACE Money Transfer, which is well known for promoting regulated channels of remittances by rewarding customers, has come up and supported the initiative of People’s Bank.


What Prizes are Included in this Promotion?


On top of the list of cash rewards in this promotion is the Bumper Prize of LKR 10 Million. A sum of LKR 10 million isn't a small change; it's a fortune capable of transforming lives. From buying property to starting a business, the possibilities are endless.

Here are all the cash rewards that Sri Lankan expatriates and overseas workers can win by sending remittances from abroad:

  • A Bumper Prize of LKR 10 Million (10,000,000 rupees)
  • Second Prize – LKR 3 Million (3,000,000 rupees)
  • Third Prize – LKR 2 Million ((2,000,000 rupees)
  • LKR 1 Million for Monthly Winner (1,000,000 rupees every month) 
  • LKR 100,000/- for each Weekly Winner   


Every Sri Lankan expat can stand a chance to win any of these cash prizes through every secure and economical online money transfer to Sri Lanka via ACE Money Transfer to any People’s Bank branch or account. The offer will remain active for customers of ACE Money Transfer and People’s Bank until the 31st of December, 2023.


The Benefits of Winning LKR 10 Million


Are you uncertain of what winning such a massive prize means for you? Here are the answers:

Financial Independence

An influx of LKR 10 million can set you on the path to financial freedom. It gives you the opportunity to make significant financial moves without worrying about immediate funds.

Investment Opportunities

Winning can open up new avenues for investments, whether it's in real estate, business, or even the financial market.

Let’s dive deep into more insights about the campaign and find out what you should know to ensure proper and effective participation in this promotion leading to winning prizes.

Terms and Conditions to Participate in Cash Reward Campaign by People’s Bank and ACE Money Transfer


  1. This offer will remain valid until 31 December 2023, 23:59:59 hours (Sri Lanka Standard Time)
  2. All remittances sent via ACE Money Transfer to People’s Bank accounts in Sri Lanka will be eligible to enter the lucky draws to win cash rewards.
  3. Only paid transfers to Sri Lanka in People’s Bank accounts will qualify for the prizes through lucky draws.
  4. The promotion applies to money transfers sent to recipients in Sri Lanka only.
  5. All ACE Money Transfer customers across the UK, Europe, Australia, Canada, and Switzerland will be eligible to participate in this competition and will automatically enter the draws per the listed criteria.
  6. The winners of the cash rewards will be chosen through lucky draws. You can contact People’s Bank to learn about the lucky draw schedules.
  7. The remittance receivers in Sri Lanka can win cash rewards multiple times by receiving more than 100,000 LKR throughout the campaign duration. 
  8. There will be only ONE winner chosen for each of the three bumper cash rewards, i.e., LKR 10 million, LKR 3 million, and LKR 2 million.
  9. There will be monthly winners for a sum of LKR 1 million every month until the 31st of December, 2023.
  10. There will be four weekly winners of LKR 100,000 every month.
  11. In order to receive the bonus, the account status and incoming transactions of the customer account must be active. 
  12. If bonus disbursement fails due to a customer account status issue, the customer will not receive a bonus for the campaign.
  13. There must be a sufficient limit in a receiver’s bank account to receive money. To know about the People’s Bank limit, please the bank’s customer support.
  14. The People’s Bank and ACE Money Transfer may change/modify campaign terms & conditions in any manner or cancel the entire campaign at any time without giving any prior notice should the two institutions deem it required.
  15. The People’s Bank and ACE Money Transfer reserve the right to cancel the bonus payout if the particular transaction and/or the customer transaction behaviour raises reasonable suspicion that the customer has abused the benefit of the campaign.
  16. The offer is specifically designed only for ACE Money Transfer & the People’s Bank customers, and employees of both the mentioned businesses are not eligible for this offer.
  17. Companies shall not be liable for any loss or damage suffered by the customer otherwise.
  18. Winners will be responsible for any tax applied to the rewards according to local laws in Sri Lanka; ACE Money Transfer and the People’s Bank take no responsibility in this regard.
  19. Any customer with a 100,000 LKR money transfer to Sri Lanka or more via the said channels will have multiple chances to win more rewards. Those sending remittances less than 100,000 LKR will stand a chance once for cash rewards through lucky draws.
  20. Both institutions ensure entirely transparent competition with fair and equal chances of winning rewards for all customers; they encourage you to keep sending more remittances through these two regulated channels until December 31 2023.


If you carefully read the aforesaid terms and conditions, you can ensure stronger potential to win prizes with active and effective participation. Let’s now quickly glance at the eligibility criteria to win these cash rewards from the two institutions.

Eligibility Criteria

Each transaction you make through ACE to People's Bank makes you eligible for the prize draw. The more transactions you make, the higher your chances of winning. The transactions must be completed and paid and will require nothing extra to enter the lucky draw. Once you complete a transaction successfully, your entry to the lucky draw will automatically be made.


How Winners are Selected

Winners are chosen through a random draw process from the pool of eligible participants. And the best part? The prize pool is not limited to the LKR 10 Million Bumper Prize. There are numerous other cash rewards waiting for you! And these rewards include LKR 3 million, LKR 2 million, LKR 1 million (monthly), and LKR 100,000 weekly.

The Prize Mechanics

As explained earlier, nothing extra is required for participation. Customers simply need to transfer money via ACE Money Transfer to any account in the People’s Bank in Sri Lanka. Intriguing, isn't it? But how do you win these cash rewards?

Winning the Cash Rewards after Participation

The People’s Bank will hold several lucky draws to choose the winners for the three Bumper Cash Rewards as well as for the Monthly and Weekly Prize Winners. These lucky draws will be completely transparent without involving any discrimination, suspicion or prejudices.


How to Send Money to Sri Lanka via ACE Money Transfer?


With ACE, sending money to Sri Lanka is a breeze. Here’s the process for both the existing and the new customers.

The Method of Sending Money to Sri Lanka for Existing ACE Customers

Existing customers don’t have to register their accounts again. They simply have to log in to their existing account, select Sri Lanka as the recipient country and the People’s Bank as the transfer medium, enter the beneficiary’s information and the amount to be sent, and finally complete the transaction. 

Registering on ACE - The Method for New Customers

You start by creating an account on the ACE Money Transfer platform. All you need are some basic personal details and valid identification. You can register your new account with ACE Money Transfer HERE.


Making the Transaction

After setting up your account, you can send money to People's Bank in Sri Lanka. You'll need to specify the recipient's details and the amount you wish to send and complete the payment using your chosen method.


The Way Forward -  How to Win Cash Rewards from ACE Money Transfer and the People’s Bank in Sri Lanka

Sending money to People's Bank via ACE Money Transfer is about more than just fulfilling a duty; it's an opportunity to change your life potentially. So, the next time you're making a transaction, remember - you could be the next millionaire! Don’t wait for the promotion to reach its conclusion; send money to Sri Lanka online via ACE Money Transfer to any account in the People’s Bank and make your entry to the lucky draw.



Is it safe to send money via ACE Money Transfer?

Yes, ACE is a reputable international money transfer service that employs robust security measures to protect your transactions.


Are there any transaction limits on ACE?

Transaction limits may apply depending on your country of residence and the payment method chosen. It's best to check these details on the ACE platform.

Can anyone participate in the draw?

Any person who makes a transaction from overseas to People's Bank in Sri Lanka via ACE is eligible to participate in the draw.

Are there any hidden charges in ACE Money Transfer?

ACE prides itself on transparency. Any applicable charges will be displayed during the transaction process.


How can I claim my prize if I win?

Winners are contacted directly by People's Bank with instructions on claiming their prizes.


Tips for Expatriates Offers

Implementation of New Technologies for Faster and More Efficient Remittance Processing to India
Enter the BIGGER WORLD of ACE Money Transfer: Get £10 Welcome Bonus
  • Categories
  • Country