RELEASE: ACE Money Transfer announces its long-awaited Salam Bangladesh campaign with bigger prizes this Ramadan

(Information sent by the signatory company)

MANCHESTER, England, March 28, 2024 /PRNewswire/ -- ACE Money Transfer, a growing UK-based remittance service provider, is pleased to announce its renowned promotion, "Salam Bangladesh", this time with bigger prizes in line with the Bangladesh government's 2.5% incentives on foreign remittances to promote the use of regulated channels.

The company is giving away eight new iPhone 15 Pro and 50 cash prizes of BDT 20,000 each to Bangladeshi customers in the United Kingdom, European Union countries, Canada, Australia and Switzerland. This promotion is open to all customers who will be sending money to Bangladesh via ACE Money Transfer during Ramadan 2024.

Despite a colossal 7.69% rise in remittances over the past seven months, registering over $2.1 billion in January and February 2024, the new year began with a currency crisis for Bangladesh. The World Bank projects that overall remittance inflows to Bangladesh in FY24 are expected to remain stable at $23 billion. Several economists and other financial experts attribute the flat share of remittances to the weak dollar exchange rates that have led Bangladeshi diasporas to use unregulated channels like Hawala/Hundi.

ACE Money Transfer has taken a step forward to promote the use of regulated channels to drive greater remittance inflows to Bangladesh. The company believes that along with the government's 2.5% incentive, its much-awaited 'Salam Bangladesh' promotion will significantly help boost remittance inflows to Bangladesh.

Customers can win such prizes by sending remittances to Bangladesh through ACE Money Transfer during Ramadan 2024. Bangladeshi expats will need to use the code "BANGLA" to register their entries in the draws when creating remittance transactions through ACE Money Transfer .

Rashid Ashraf, CEO of ACE Money Transfer, said: "We are committed to empowering overseas Bangladeshi workers through cutting-edge digital remittance solutions. With deep gratitude for the tireless efforts of our global Bangladeshi diaspora, we promise a unwavering support and providing excellence in service and rewarding experiences."

About ACE Money Transfer

ACE Money Transfer, based in Manchester, UK, is a growing remittance provider. It offers seamless online money transfer services to millions of expats with an extensive network of over 375,000 locations spread across over 100 countries around the world.

Visite: ACE Money Transfer

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