Remittance provider ACE Money Transfer, based in the UK, has partnered with Allied Bank Limited (ABL), one of Pakistan’s biggest banks, to increase the country’s dwindling remittance inflows. As remittances make up nearly 8.69 percent of Pakistan’s GDP, they are crucial to the nation’s foreign exchange reserves.

Up until December 31, 2022, each remittance received by an Allied Bank branch in Pakistan via ACE Money Transfer from the UK, Europe, Canada, Australia, or Switzerland would be eligible to win one of 61 Samsung Galaxy S22 Ultras. Throughout the campaign, lucky weekly drawings will be used to select the daily winners.

The CEO of ACE Money Transfer, Rashid Ashraf, claims that Pakistanis living abroad contribute to economic stability through sending remittances. To encourage remittance flows to Pakistan, we have always provided expats with cutting-edge technology and useful, quick, secure, and affordable services. Through their collaboration with Allied Bank Limited, customers are rewarded for their loyalty and the use of regulated channels is highlighted “.

Source: Prnewswire