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Review
ACE Money Transfer Review 2026 — Fees, PKR Rates & Loyalty Rewards
4.3Updated 2026-03-219 min read
7.5/10
Good
“ACE Money Transfer has built a strong reputation in the Pakistan and South Asia corridor — and our data confirms it. On GBP→PKR and EUR→PKR transfers, ACE consistently delivers among the most rupees of any provider we track. The combination of competitive exchange rates, a genuine loyalty rewards program, and frequent first-transfer-free promotions makes ACE particularly attractive for the Pakistani diaspora in the UK and Europe. The service extends to 100+ countries but is clearly strongest on South Asian corridors. For Pakistan specifically, ACE often beats Wise and Remitly on total receive amount — a rare achievement given Wise's zero-markup model.”
Countries100+
Currencies30+
SpeedMinutes to 2 business days
FeesFrom $0 to $4.99 depending on corridor
Founded2002
Markup0.3% - 1.2% above mid-market
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In this review
Live ACE Money Transfer rates today
ProviderRateFeeYou get
Remit2Any Inc.Best
0 - 1 Hour
101.00
Free
₹100,998.96
TapTap Send
Minutes to 1 business day
94.50
Free
₹94,499.07
InstaReM
1-3 business days
94.47
Free
₹94,470.69
Panda Remit
Instant
94.85
$3.99
₹94,470.69
Xoom (PayPal)
Minutes to 3 days
94.21
Free
₹94,205.77
Remit2Any Inc. saves you ₹6,793.19 vs Xoom (PayPal).
Overview
ACE Money Transfer was founded in 2002 in Manchester, UK, by a team with deep roots in the South Asian diaspora community. Over 20+ years, ACE has built a reputation as one of the go-to services for sending money to Pakistan, India, Bangladesh, Nepal, and the Philippines.
ACE is regulated by the FCA in the UK, FinCEN in the US, and AUSTRAC in Australia. The company operates in 100+ countries and offers bank deposit, cash pickup, and mobile wallet delivery. ACE has a network of banking partners in Pakistan including major banks like HBL, MCB, UBL, and JazzCash mobile wallet.
What makes ACE different: ACE's competitive advantage is specialization. While Wise and Remitly serve dozens of corridors, ACE focuses heavily on the UK/Europe/US→Pakistan corridor and has negotiated preferential banking relationships that often result in better exchange rates for PKR than broader competitors. The ACE Loyalty rewards program and frequent promotional rates for first-time users add genuine value for regular senders.
ACE also has a strong physical presence in Pakistani and South Asian diaspora communities in the UK and Europe, with marketing that resonates with its core audience. This grassroots approach has built trust that newer digital-only providers are still working to earn.
Transfer fees
ACE's fees vary by corridor and frequently offer promotional pricing:
Standard fee structure:
| Corridor | Fee | Notes |
|---|---|---|
| GBP → PKR | £0–£2.99 | Often fee-free on promotional periods |
| EUR → PKR | €0–€2.99 | Frequent zero-fee promotions |
| USD → PKR | $0–$3.99 | Competitive for US senders |
| GBP → INR | £1.99–£3.99 | Standard pricing |
| GBP → BDT | £1.99–£3.99 | Standard pricing |
| GBP → NPR | £1.99–£3.99 | Standard pricing |
First-transfer-free: ACE frequently offers zero fees on the first transfer for new users. Combined with a competitive exchange rate, this makes the first transfer an excellent deal. The ongoing fees after the first transfer are moderate — typically £0–£3.99 depending on the corridor.
ACE Loyalty program: Regular senders accumulate loyalty points that can be redeemed for fee waivers and improved exchange rates. This effectively reduces the ongoing cost for frequent users — a genuine benefit for people sending money home monthly.
Exchange rates
ACE's exchange rate markup ranges from 0.3% to 1.2% above the mid-market rate, with the tightest spreads on its core Pakistan corridor.
Rate comparison on £1,000 transfers (our measurements):
| Corridor | ACE delivers | Wise delivers | Remitly delivers |
|---|---|---|---|
| GBP → PKR | ~₨366,800 | ~₨365,200 | ~₨364,500 |
| GBP → INR | ~₹109,200 | ~₹109,800 | ~₹109,500 |
| GBP → BDT | ~৳156,300 | ~৳156,800 | ~৳155,900 |
Key finding: On the GBP→PKR corridor, ACE consistently delivers more rupees than both Wise and Remitly in our testing. This is ACE's strongest claim — and our data backs it up. On GBP→INR and GBP→BDT, Wise has a slight edge but the difference is marginal. For the Pakistan corridor specifically, ACE's specialized banking partnerships give it a genuine pricing advantage.
Promotional rates: ACE frequently offers enhanced exchange rates during Eid, Ramadan, Pakistan Independence Day, and other occasions important to its core diaspora audience. These promotional rates can be significantly better than standard pricing and are worth watching for.
Delivery speed
ACE delivery times vary by method:
| Method | Speed | Notes |
|---|---|---|
| Bank deposit (Pakistan) | Minutes to hours | Major Pakistani banks receive quickly |
| Cash pickup | Minutes | Available at partner agents |
| Mobile wallet (JazzCash, Easypaisa) | Minutes | Instant to mobile money in Pakistan |
| Bank deposit (India) | 1–2 business days | Standard processing |
| Bank deposit (Bangladesh) | 1–2 business days | Standard processing |
In our testing, bank deposits to Pakistan (HBL) arrived within 30 minutes during banking hours. Mobile wallet transfers to JazzCash were instant. Cash pickup was ready within 15 minutes. ACE's Pakistan delivery infrastructure is clearly well-optimized.
Countries and coverage
ACE serves 100+ countries with 30+ currencies. You can send from the UK, EU, US, Australia, Canada, and Switzerland.
Strongest corridors (where ACE excels):
- UK/EU → Pakistan: ACE's flagship corridor — often the best rate available
- UK/EU → India: Competitive but not market-leading
- UK/EU → Bangladesh: Strong rates, multiple delivery options
- UK/EU → Nepal: One of few providers with good NPR coverage
- UK/EU → Philippines: Competitive pricing with bank and wallet delivery
Coverage gaps:
- Limited European (EUR→EUR) coverage — use Wise or Revolut
- Weaker on African corridors — use WorldRemit or TapTap Send
- No Latin American focus — use Remitly or Wise
- Limited in Oceania destinations beyond Australia sending
User reviews and reputation
ACE Money Transfer has a Trustpilot rating of approximately 4.3 out of 5 from around 15,000 reviews — a strong score reflecting loyal customer satisfaction.
What users praise:
- Best rates to Pakistan — "always check ACE before sending home"
- Loyalty rewards provide genuine ongoing value
- Fast delivery to Pakistani bank accounts
- Responsive customer support in Urdu and English
- Promotional rates during Eid and other occasions
Common complaints:
- Verification process for new accounts can take time
- Less competitive outside South Asian corridors
- App could be more polished compared to Wise/Remitly
- Higher fees on non-Pakistan corridors
Our assessment: ACE has built deep trust in the Pakistani diaspora community through consistently competitive Pakistan rates and culturally relevant service. The 4.3 rating from 15,000 reviews reflects this loyalty. For Pakistan transfers, ACE is a top-tier choice. For other corridors, compare against Wise and Remitly — the specialist advantage narrows outside South Asia.
Pros
- Very competitive rates on Pakistan corridor
- Low fees — often free first transfer
- Cash pickup and bank deposit options
- Loyalty rewards program
- 24/7 customer support
Cons
- Less known outside South Asian corridors
- Exchange rate can vary by payment method
- Higher fees for credit card funding
Who should use ACE Money Transfer?
ACE Money Transfer is ideal for
- Regular remittances to Pakistan — ACE often has the best GBP/EUR→PKR rate
- UK and EU-based senders to South Asia (India, Bangladesh, Nepal, Sri Lanka)
- Users who value loyalty rewards and promotional rates during cultural events
- First-time senders who want to take advantage of free first transfer offers
- Recipients in Pakistan who use JazzCash or Easypaisa mobile wallets
- Senders who want both bank deposit and cash pickup options
ACE may not be the best choice for
- Non-South Asian corridors — Wise and Remitly are more competitive globally
- Large transfers over $25,000 — OFX or TorFX offer better rates with no limits
- Transfers within Europe — Wise or Revolut are far cheaper
- African corridors — WorldRemit or TapTap Send are better choices
- Users who want a polished, modern app experience — ACE's app is functional but basic
- Business payments — ACE focuses on personal remittances
ACE Money Transfer alternatives
Wise
Mid-market rate with broader coverage — close on Pakistan, wins on most other corridors
Remitly
Express delivery and cash pickup with competitive rates on South Asian corridors
Western Union
Largest cash pickup network if recipient needs physical cash in remote areas
How we tested ACE Money Transfer
We sent 8 test transfers through ACE Money Transfer across 5 corridors (GBP→PKR, EUR→PKR, USD→PKR, GBP→INR, GBP→BDT) between January and March 2026. Each transfer tested bank deposit and cash pickup delivery where available. We compared the total receive amount (after fees and exchange rate markup) against Wise, Remitly, WorldRemit, and Western Union at the same time and amount. Our automated system collects ACE rates every 6 hours across Pakistan, India, and Bangladesh corridors, giving us thousands of data points.
Last verified: 2026-03-21 · Reviewed by Akif Hazarvi · Fact-checked by Awais Imran
Frequently asked questions
Is ACE Money Transfer safe and legitimate?
Yes. ACE Money Transfer has been operating since 2002 — over 20 years of continuous service. It is regulated by the Financial Conduct Authority (FCA) in the UK, FinCEN in the US, and AUSTRAC in Australia. Customer funds are safeguarded in accordance with FCA regulations. ACE has a physical presence in Manchester, UK, and maintains banking partnerships with major Pakistani banks (HBL, MCB, UBL, Standard Chartered Pakistan). The company serves hundreds of thousands of customers and has strong brand recognition in the Pakistani and South Asian diaspora community.
Does ACE Money Transfer have the best rate for Pakistan?
In our testing, ACE consistently offers among the best GBP→PKR and EUR→PKR exchange rates. On a £1,000 transfer to Pakistan, SendMoneyCompare data shows ACE typically delivers ₨1,000–₨1,600 more than Wise and ₨2,000–₨2,300 more than Remitly. This advantage comes from ACE's specialized banking partnerships in Pakistan and its focus on this corridor. However, rates fluctuate and promotional rates from competitors can temporarily change the picture. We recommend always comparing on SendMoneyCompare before each transfer rather than assuming any one provider is always cheapest.
What is the ACE Loyalty program?
ACE Loyalty is a rewards program for regular users. You earn points on every transfer based on the amount sent. Points can be redeemed for fee waivers on future transfers, improved exchange rates, and partner offers. The program has tiered levels — Bronze, Silver, Gold — with better benefits at higher tiers. Regular monthly senders to Pakistan report that the loyalty benefits effectively reduce their ongoing transfer cost by 0.2–0.5%. During promotional periods (Eid, Ramadan, Pakistan Day), loyalty members often get exclusive enhanced rates. The program is free to join and points accumulate automatically with each transfer.
How long does an ACE transfer to Pakistan take?
Bank deposits to major Pakistani banks (HBL, MCB, UBL, Allied Bank, Standard Chartered) typically arrive within minutes to a few hours during banking hours. In our testing, a transfer to HBL arrived within 30 minutes. Mobile wallet transfers to JazzCash and Easypaisa are near-instant. Cash pickup is available within minutes at partner agent locations. Transfers initiated outside Pakistan banking hours may take until the next business day. ACE provides estimated delivery times on the transfer confirmation screen before you commit.
Can I send money from the UAE to Pakistan with ACE?
ACE supports sending from the UAE (AED→PKR), and this is one of the popular corridors given the large Pakistani diaspora in the Gulf states. You can send to bank accounts, cash pickup, or mobile wallets in Pakistan. Exchange rates for AED→PKR are competitive. ACE also supports sending from Saudi Arabia (SAR→PKR) and other Gulf countries. For UAE-based senders, ACE, Wise, and Western Union are the main options — compare all three on SendMoneyCompare for the most current rates.
Does ACE offer a first-transfer-free deal?
Yes — ACE frequently offers zero-fee first transfers for new users, and sometimes combines this with an enhanced exchange rate. The exact promotion varies by time period and corridor. During major cultural events (Eid, Ramadan, Pakistan Independence Day), ACE often runs its most generous promotions. To get the best first-transfer deal, check ACE's website or app for current promotional offers. Even after the first transfer, ACE's ongoing pricing is competitive for Pakistan and South Asian corridors, especially when factoring in the loyalty program benefits.
ACE Money Transfer at a glance
Editor Rating7.5/10
Trustpilot4.3/5 (Excellent)
FeesFrom $0 to $4.99 depending on corridor
SpeedMinutes to 2 business days
Countries100+
Rate Markup0.3% - 1.2% above mid-market