Saturday, July 20, 2024

ACE Money Transfer and Bank Al Habib Collaborate to Stabilise Pakistan’s Remittance Landscape

Strategic collaborations often act as catalysts for exponential growth and prosperity, paving ways to achieve long-term goals. A fine example of such synergy is now being witnessed as ACE Money Transfer and Bank Al Habib join forces yet again to boost Pakistan’s remittance inflows. The partnership aims to foster the usage of regulated remittance channels, a vision that corresponds seamlessly with the objectives of the Pakistan Remittance Initiative (PRI), creating a synergy that promises both stability and growth.

“To make this alliance even more compelling, ACE Money Transfer and Bank Al Habib offer enticing 91 cash prizes, each worth PKR 100,000, along with two bumper prizes, each valued at a whopping PKR 1 crore, until June 30, 2023.” 

Any money transfer to Pakistan made via ACE Money Transfer and Bank Al Habib from the UK, Europe, Australia, Canada, or Switzerland, will automatically enter the lucky draw for these cash rewards.

The Purpose and Scope of ACE Money Transfer and Bank Al Habib’s Collaboration

Remittances play a crucial role in the Pakistani economy, with numerous families relying on these funds for their survival. The PRI has been pivotal in optimising remittance inflows, but the challenge of unregulated channels persists. Many still prefer these channels due to convenience or lack of information, inadvertently exposing themselves and the economy to undue risk.

This is where the partnership of ACE Money Transfer and Bank Al Habib enters the scene. The promotional campaign not only adds an element of excitement for the Pakistani expatriates but also encourages the usage of secure, reliable, and fast-regulated remittance channels.

While shedding light on the current promotion, the CEO of ACE Money Transfer said, “This promotion is our way of acknowledging and celebrating the invaluable contributions of our overseas Pakistanis. It’s not just about sending money back home; it’s about fostering connections, ensuring financial security, and, ultimately, contributing to the prosperity of our nation.”

Mr Aun Ali, the Group Head of Business at Bank Al Habib, explained, “Our partnership with ACE Money Transfer aligns seamlessly with the Pakistan Remittance Initiative’s vision. We’re confident that this collaboration will bring forth a positive change in the remittance landscape of Pakistan. Our primary objective is to ensure a secure, efficient, and reliable remittance experience for our customers.” 

How can Overseas Pakistanis Participate in this Promotion?

To be a part of this, customers worldwide merely need to use ACE’s services to send money to any Bank Al Habib account via ACE Money Transfer’s website or mobile app or receive cash from any of the 1080+ branches of Bank Al Habib across Pakistan. This simple process will make overseas Pakistanis eligible for attractive cash prizes through a series of lucky draws during the promotion, which is active until the 30th of June, 2023. The campaign promises benefits twofold; customers can continue supporting their families while standing a chance to win a significant prize.

Customers can read more about this campaign here:

But this promotion isn’t just about winning. It’s a tribute to the relentless spirit of giving among overseas Pakistanis, a nod to their contributions towards their homeland, and most importantly, advocacy for safe remittance practices.

Prospective Benefits of the Campaign and Takeaways

Ultimately, the campaign aims to make a lasting impact on remittance practices in Pakistan, encouraging individuals to utilise safer and more reliable means of transferring money. It’s a stepping stone towards a more secure and prosperous future for all involved, underlining the potential and power of strategic alliances and consumer-centric initiatives in driving growth and progress.

The promotion is a reminder that using regulated remittance channels is not just the safer choice but can also be highly rewarding.

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