On November 4, 2025, ACE Money Transfer announced its strengthened commitment to enhancing its operations across Europe. The company’s CEO, Rashid Ashraf, emphasized the vital role that remittances play in sustaining families and supporting economies globally. This initiative aims to make international money transfers faster, safer, and more supportive of the emotional connections expatriates maintain with their loved ones.
For millions of expatriates in the UK and Europe, remittances are much more than simple financial transactions; they represent love, responsibility, and a lifeline for families. ACE Money Transfer is determined to solidify its presence in the European market, viewing remittances as “invisible bridges” that create lasting opportunities for families worldwide. Ashraf noted, “When we send money, we don’t just send currency; we send love, education, and opportunity across borders.”
A Vital Component of the European Economy
The UK and the European Union are significant contributors to the global remittance landscape, with an estimated annual contribution of USD 63 billion. Migrant workers in the region not only bolster the economies of their host countries but also provide essential support to their home nations. Ashraf highlighted the dual impact of these workers, stating, “These workers are heroes of two nations. Their contribution fuels progress on both sides of the border.”
To further facilitate secure and affordable cross-border transfers, Ashraf is actively pursuing partnerships and expansions within ACE’s European operations. This strategic move aims to enhance the efficiency and accessibility of remittance services for customers.
ACE Money Transfer: Global Trust and Transparency
Headquartered in London and regulated by the Financial Conduct Authority (FCA), ACE Money Transfer operates in 29 sending and over 100 receiving countries. The company has established itself as a trusted provider of fast, secure, and affordable cross-border transfers since its inception in 2002. Utilizing advanced digital platforms, ACE simplifies the remittance experience for millions of customers across Europe, Australia, Canada, and the Gulf region.
ACE employs cutting-edge AI-driven technology that ensures compliance, security, and real-time transparency in its operations. Ashraf stressed the importance of technology in enhancing human connections, stating, “By combining innovation with compassion and compliance, we’re building a bridge that connects people, nations, and generations.”
Looking ahead, ACE plans to broaden its global reach, strengthen existing partnerships, and initiate community-driven projects that transform remittances into sustainable opportunities for growth.
About ACE Money Transfer
Founded in 2002, ACE Money Transfer has become a trusted name for millions worldwide, facilitating secure and efficient money transfers to support families and communities. The company operates under stringent regulatory oversight, holding licenses from the FCA in the UK, the Central Bank of Ireland, the Polish Financial Supervision Authority (KNF), and registration with AUSTRAC in Australia. With operations spanning numerous sending countries and over a hundred receiving destinations, ACE remains committed to customer convenience, transparency, and innovation.
By blending compliance with care, ACE Money Transfer seeks to strengthen connections across borders and empower expatriates and migrant communities globally.
For more information, contact:
Ayesha Khan
ACE Money Transfer
[email protected]
