Introducing BKASH Mobile Wallet!

In continuation with the tradition of service excellence, ACE Money Transfer has broadened its range of service by introducing BKASH Mobile Wallet for Bangladesh in partnership with AGRANI Bank. One can now instantly send money to Bangladesh directly to the BKASH Account from anywhere in the world through the ACE app.

Why Use ACE Money Transfer with bKash?

bKash’s dominance: bKash is Bangladesh’s largest mobile wallet, serving over 70 million users and supported by 250,000–330,000 agents. Recipients can withdraw cash, pay utility bills, purchase goods, recharge mobiles, repay loans or send money to others. The service works on smartphones and feature phones, making it accessible across rural and urban areas.

ACE’s global reach and trust: ACE Money Transfer operates in over 100 receiving countries and holds licences from the FCA (UK), AUSTRAC (Australia) and FINTRAC (Canada). The company grew from a small shop in Bolton to a network of over 350,000 payout locations and 1.3 million customers. ACE’s integration with bKash offers secure, regulated transfers.

Competitive fees & promotions: First-time transfers are fee-free, and some regions (e.g., Netherlands) waive fees above €100. ACE publishes real-time exchange rates and total fees before you send, ensuring transparency. The service also offers an Exchange Rate Alert tool to notify you when the rate is favourable.

2.5% Government incentive: Remittances sent through licensed providers like ACE qualify for Bangladesh’s 2.5 % cash incentive. This bonus is automatically added to the recipient’s account and further increases the value your family receives.

How to Send Money to a bKash Wallet – Updated Guide

1. Create or log in to your ACE account. Download the ACE app from Google Play or the Apple App Store and complete the registration. Verify your identity to meet FCA/FINTRAC/AUSTRAC regulations.
2. Select Bangladesh and choose bKash. On the Send Money screen, choose Bangladesh as the destination country and bKash wallet as the payout method.
3. Enter recipient details. Provide the recipient’s full name and bKash registered mobile number. Make sure the number and name match their bKash account to avoid delays.
4. Enter the amount & review rates. ACE shows you the real-time exchange rate and the total fee (if applicable) before you confirm. Transfers above €100 may be fee-free from certain countries.
5. Choose a payment method. Pay via debit/credit card, bank transfer, Apple Pay, Google Pay, Bancontact or iDeal. Card payments typically result in transfers being credited within minutes; bank transfers may take 1–2 business days.
6. Confirm and track the transfer. After confirmation, your recipient will receive a notification from bKash. Transfers funded by cards are generally instant. Use the ACE app or website to track the transfer in real time.

Transfer Limits and Charges

The following table summarises important limits and charges for sending money to bKash:

Tips for a Smooth Transfer

• Verify recipient details: Ensure the recipient’s mobile number is correctly linked to their bKash wallet. Errors can delay or misroute funds.
• Keep your ACE app updated: New wallet integrations and security patches are added regularly.
• Use the same mobile number on both ACE and bKash: This reduces verification failures when linking wallets.
• Activate exchange rate alerts: ACE’s alert system notifies you when rates are favourable.
• Consider bank transfer vs. card: Card payments arrive faster but may incur higher card processing fees; bank transfers can take 1–2 days. 

FAQs

Do recipients need a bank account to withdraw funds from bKash?

No. bKash users can withdraw cash at over 250,000–330,000 agent outlets and ATMs or spend the money digitally on bill payments, shopping, mobile top-ups and peer-to-peer transfers. A bank account is not required.

How long does it take to deliver a transfer to a bKash wallet?

Card funded transfers typically arrive within minutes. Bank-funded transfers may take 1–2 business days due to bank processing.

What happens if I enter the wrong mobile number?

Entering an incorrect bKash number can delay or misdirect the transfer. Always double check the recipient’s mobile number and name before confirming. If you make a mistake, contact ACE’s customer support immediately.

Can I send money to other mobile wallets?

Yes. Besides bKash, ACE supports Rocket, Nagad and Upay wallets. Choose the appropriate wallet when setting up the transfer.

Are there any fees for linking a bKash wallet to my ACE account?

No. Linking a wallet is free. You only pay for the transfer itself, and many transactions qualify for fee waivers.

Conclusion

ACE Money Transfer’s partnership with bKash offers one of the easiest ways to support family and friends in Bangladesh. With instant transfers, competitive rates, fee-free promotions, a 2.5 % government incentive and a network of over 250,000–330,000 bKash agents, the service provides speed, security and value. By following the steps above and verifying details, you can ensure that every taka you send reaches your loved ones quickly and safely.