ACE Money Transfer and Bank Al Habib’s latest initiative aims to promote the use of regulated channels for remittances to Pakistan. The campaign is in line with the Pakistan Remittance Initiative (PRI), which was launched by the State Bank of Pakistan in 2009. The PRI’s primary objective is to encourage overseas Pakistanis that send money to Pakistan to use legal channels for sending money back home. Despite the PRI’s success, informal channels still dominate the market, which can have negative consequences for both the sender and the recipient.
The negative impacts of using informal channels for money transfers are numerous. They include currency fluctuations, high transaction costs, and the risk of losing money. Informal channels also lack transparency, which makes it difficult to track transactions and identify fraudulent activities.
To tackle this issue, ACE Money Transfer and Bank Al Habib offer a new campaign that offers two bumper prizes of PKR 1 Crore each and 91 daily PKR 1 Lac each. The bumper prizes will be given away on the two Eids, and one prize of PKR 1 Lac will be given away daily for 91 days from April 1, 2023, to June 30, 2023.
Method to Enter the Lucky Draws:
Participating in the campaign is easy. Customers need to send their remittances via ACE Money Transfer from the UK, Europe, Canada, Australia, or Switzerland to Bank Al Habib in Pakistan. The money can be received from any of the 1080+ branches of Bank Al Habib in Pakistan. Once their transaction is eligible for the draw, customers will receive a confirmation message from ACE Money Transfer.
Another significant advantage of using ACE Money Transfer for remittances is that it offers fee-free transfers. Customers don’t have to pay huge transaction fees, which can be costly, especially when sending money regularly. Customers can save a considerable amount of money on transaction fees, making this offer highly attractive. ACE Money Transfer is a well-established global money transfer service that offers fee-free remittance transfers to Pakistan and many other countries. Pakistani expats transferring more than 85 GBP or equivalent can also benefit from free-of-cost transfers. ACE also provides instant money transfer and 3D secure money transfer facilities to its customers. With a user-friendly interface and a fast and reliable service, ACE Money Transfer has become a popular choice for expatriate Pakistanis around the world. For Pakistan, their service is exceptional as they provide 24/7 customer service and that too in the native Urdu language if need be.
Technicalities of the Offer:
The terms and conditions of the promotion are available on the ACE Money Transfer website, and customers are encouraged to read them carefully before participating in the promotion. By offering massive cash rewards, this campaign hopes to incentivise people to use legal channels for their money transfers, thus supporting the PRI and ensuring that overseas Pakistanis can send money back securely and legally.
For the terms and conditions of the offer, go to the offer page: https://acemoneytransfer.com/promotion/ace-bahl.
In conclusion, ACE Money Transfer and Bank Al Habib’s latest campaign is an excellent initiative to promote the use of regulated channels for remittances to Pakistan. This campaign not only offers customers the chance to win cash rewards but also promotes the use of legal channels for sending money back home. By using legal channels, customers can avoid the negative impacts of informal channels and send money back home safely and securely. This is a significant step towards supporting the PRI and ensuring that overseas Pakistanis can send money back home without any hassle. Lucky winners will be announced on the offer page. Cash prizes will be handed over in a grand ceremony held in Pakistan right after the 3-month long campaign ends.