Terms and Conditions

  1. All ACE Money Transfer customers will be eligible for participation in ‘Invite a Friend’ program.
  2. All existing and new customers will be auto-enrolled to participate in this program.
  3. This offer is applicable for successful referrals made on, or after October 01, 2020.
  4. Reward will be given in lots of three successful referrals. This means once your three referred friends create successful and paid transactions, you will get the following rewards into their ACE wallet depending on their region.
  5. Reward, i.e. £ 50 will be added in credits.
  6. Only paid and completed transactions of referred persons will be considered for this program and transaction created by the referred friends should be

    • Equal to £ 200 or above if the transaction is created from UK

  7. If your Referral was also referred by another user, you will earn a reward only if the Referral registers with your referral link. If your Referral uses another user's referral link to sign up, you will not receive the reward.
  8. The amount earned by a customer under this referral program will be credited to the customer’s available credit in ‘My Rewards option’, for both, Mobile App and Web portal
  9. Customer can redeem available credits while creating transactions with ACE Money Transfer
  10. Customer will be able to pay a maximum of 25% of their transaction amount from available credits in one transaction
  11. If the transaction, created by using credit, gets failed or cancelled, ACE will reverse the credit to your available credits.
  12. Credits and reward earned under this program will be customer specific and the customer will not be able to transfer, exchange, encash, return or otherwise refund credit for own self or with other ACE Money Transfer customers
  13. Use of ACE ‘Invite a Friend’ Request shall amount to the acceptance of the FAQ’s and Terms and Conditions in force at that time.
  14. Terms and Conditions as well as the Promotion FAQs are intended to be legally binding and are governed by United Kingdom laws.
  15. ACE Money Transfer may ask you and your friend for any additional KYC (Know Your Customer) documentation to fulfil ACE’s KYC responsibilities for fraud prevention and/or its obligations under AML and CFT.
  16. You may not be able to use the Services, or some features of the Services if you are located in certain regions, countries, or jurisdictions.
  17. You are responsible for any personal tax as a consequence of rewards earned from this promotion and ACE accepts no liability.
  18. ACE may reject or cancel any invite a friend request or subsequent reward for any discrepancy found in the request or if we find that the feature has been misused in any way, like appended examples:
    • Referring people in the same household as you
    • Non-compliance with applicable law or regulation in any jurisdiction
    • The making of non-genuine payments
    • Inviting existing ACE registered customers; and
    • Creating multiple or non-genuine accounts
  19. We may revise the FAQs and Terms and Conditions at any time at our discretion if needed.
  20. ACE reserves the right to cancel or suspend this promotion at any time.
  21. Rewards are subject to verification. The Company may delay a Reward for investigation or for any other reason it deems appropriate. The Company may also refuse to verify and process any transaction that it deems, in its sole discretion, to be fraudulent, suspicious, in violation of these Terms and Conditions or the Company’s Privacy Policy, or believes will impose potential liability on Company, its subsidiaries, affiliates or any of their respective officers, directors, employees, representatives and agents. All of the Company's decisions are final and binding, including decisions as to whether a Qualified Referral, Credit or Reward is verified.