Bank AL Habib and ACE Money Transfer partner to incentivize overseas Pakistanis

 

Bank Al Habib and ACE Money Transfer join hands to facilitate foreign remittances

Bank AL Habib and ACE Money work together to facilitate remittances  

Bank AL Habib and ACE Money Transfer, recognizing the pivotal role of remittances in Pakistan's economic stability, particularly during Ramadan, have once again united forces. ACE Money Transfer, a leading remittance provider based in Manchester, UK, and Bank AL Habib, a premier commercial bank in Pakistan, have partnered to incentivize overseas Pakistanis to channel their money through legitimate means, providing them with the opportunity to win significant rewards.

Legal remittances substantially bolster Pakistan's foreign exchange reserves, fostering economic growth and stability. In contrast, informal remittance channels may lack reliability and pose security risks. Remittances serve as a crucial economic lifeline for Pakistan, and by encouraging legal transfers through rewarding initiatives during Ramadan, ACE Money Transfer and Bank AL Habib play a vital role in supporting national development and ensuring the welfare of numerous families.

 

AL Habib Exchange Company commences operations in four major cities of Pakistan



This year's Ramadan campaign by ACE Money Transfer and Bank AL Habib aims to leverage the traditional increase in remittances while promoting responsible financial behavior. Overseas Pakistanis who send money through ACE Money Transfer to any Bank AL Habib account or opt for cash pickup from one of Bank AL Habib's 1100+ branches will be entered into lucky draws. The grand prize consists of two lucky winners each receiving PKR 10 million. Additionally, a range of Umrah packages is being offered, enabling winners to undertake the sacred pilgrimage during Ramadan.

Rashid Ashraf, CEO of ACE Money Transfer, expressed, "This collaborative initiative goes beyond mere transactions. It recognizes the profound significance of Ramadan as a time for spiritual contemplation, generosity, and strengthening family ties. We at ACE Money Transfer are delighted to renew our enduring partnership with Bank AL Habib and provide such incredible opportunities to overseas Pakistanis, contributing to Pakistan's economic prosperity."

 

Bank Alfalah and ACE Money Transfer to facilitate overseas Pakistanis

 

Aun Ali, Group Head – Business of Bank AL Habib, commented, "We are pleased to announce the launch of the media campaign in collaboration with ACE Money Transfer during the holy month of Ramadan. This campaign underscores our commitment to fostering a meaningful relationship with our customers and encouraging them to utilize legal channels for remittance transfers to Pakistan."

Source: Pakistan Observer

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