Islamabad:ACE Money Transfer, one of the leading global remittance service providers, has entered into a strategic partnership with Askari Bank to expand and strengthen legal and digital remittance channels into Pakistan.
The collaboration was formalised through a signing ceremony attended by senior leadership from both organisations, press release.
This partnership further strengthens ACE Money Transfer’s payout network in Pakistan, expanding access and enhancing convenience for customers receiving international remittances. Overseas Pakistanis living in the UK, Europe, Australia, Canada, and other key corridors will benefit from expanded payout coverage and seamless remittance services when sending money to their families and loved ones in Pakistan through formal banking channels.
Through this collaboration with Askari Bank, ACE Money Transfer continues to broaden its network of trusted payout partners, providing beneficiaries with greater flexibility and access across Askari Bank’s nationwide banking infrastructure. The partnership reflects the shared commitment of both organisations to strengthening regulated remittance flows and supporting Pakistan’s continued progress toward a digitally enabled financial ecosystem.
Speaking on the occasion, Hasan Mubarak, Group Unit Head at ACE Money Transfer, said: “At ACE Money Transfer, we remain focused on continuously strengthening our global payout ecosystem to better serve overseas Pakistanis and their families. Our collaboration with Askari Bank reflects our shared commitment to delivering trusted and accessible remittance solutions, while reinforcing the use of formal financial channels.”
Muzammil Hanif, Head of Home Remittance & RDA at Askari Bank, also shared his perspective on the partnership.
