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Home Finance

ACE Money Transfer and Bank Al Habib Offer Exciting Prizes

by msz991
May 3, 2023
in Finance
5 min read
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Around 9 million Pakistani migrants live in countries other than their own to earn a living and send money to Pakistan to offer financial support to their families back home.

Most of these migrants have weak economic backgrounds and hence suffer financially and face acute poverty. And despite putting immense effort to earn higher than they can otherwise, all they can do is fulfill the basic needs of life in a financially viable manner.

But deep somewhere in their hearts, they have the desire to turn rich and practically are ready to go to any lengths to become rich, but life is a complicated journey. Therefore, this desire, in almost all cases, remains a desire.

But not anymore!

Now, Pakistani migrants have a chance to turn into millionaires overnight by participating in an exciting campaign ACE Money Transfer has launched in collaboration with Bank Al Habib in Pakistan.

Keeping its legacy of benefiting its valued customers intact through its unique service features and several exciting campaigns that dole out amazing prizes to the lucky winners, ACE Money Transfer has launched yet another amazing campaign to give away huge cash prizes to the winners through lucky draws.

Table of Contents

  • The Exciting Campaign – An Introduction
  • The Way To Participate In The Campaign
  • Details of Prizes
  • Duration Of The Campaign
  • Focusing Pakistani Migrants – A Few Compelling Reasons
    • Dropping Inward Remittances
    • The Flailing Pakistani Economy
    • Promotion Of Legal Channels To Send Remittances
  • ACE Money Transfer – Turning Your Dreams Into Reality

The Exciting Campaign – An Introduction

Pakistani migrants residing in the UK, Europe, Canada, Australia, and Switzerland can participate in this current campaign. They could become rich overnight by doing nothing special and extra.

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As migrants, they already make online transfers regularly back home because it is, after all, what they travel abroad for. And that is precisely what they are required to continue doing during the campaign duration but in the following way.

Remember that the way is changed slightly and not the activity itself, which is to transfer money online.

The Way To Participate In The Campaign

Pakistani migrants must consider the following to ensure participation in the current campaign.

  • They have to be Pakistani migrants residing in the UK, Europe, Canada, Australia, and Switzerland;
  • They have to be ACE Money Transfer’s customers and send money to Pakistan;
  • The recipients of the funds have to be residing in Pakistan;
  • Funds they send through ACE Money Transfer must land in any of the over 1,080 branches of Bank Al Habib in Pakistan;
  • Funds must be in cash form and be collected as cash as funds collected in any other form will not qualify to participate;
  • This campaign is exclusive to ACE Money Transfer and Bank Al Habib only. Remittances sent through any other service provider to any other financial institution will not qualify for the campaign.

Details of Prizes

The most exciting part of this campaign is the prizes in it.

Two bumper prizes of PKR10 million each and 91 prizes of PKR100,000/- each are integrated into the campaign for the participants to win in a series of lucky draws that will start during the campaign and last until after the campaign comes to an end.

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The bumper prizes, however, will be given on two Eids. One will be given to the lucky winner on Eid ul Fitr, which is just around the corner. In contrast, the second bumper prize will be given to the other lucky winner on the auspicious occasion of Eid ul Adha which is a couple of months away but is approaching fast though.

Click the link below to get the complete details of the campaign.

Complete ToRs Of The Current Campaign.

Duration Of The Campaign

This campaign starts on the 1st of April and lasts till the 30th of June. So, the migrants of Pakistan have 91 days to participate and increase their chances of winning the prizes, which are 93 in total – 91 cash prizes of PKR 1 Lac each and 2 bumper cash prizes of 1 Crore each.

Migrants have a huge amount of time to follow the steps explained above, participate and win prizes.

Focusing Pakistani Migrants – A Few Compelling Reasons

A few reasons for designing this campaign for Pakistani migrants are explained briefly below.

Dropping Inward Remittances

A report by DAWN said that the Pakistani diaspora, comprising 9 million expatriates, according to a report by Pilot Guides, had sent $31 billion in FY2022. The same report projected that the remittances in FY2023 will remain close to $30 billion, as an increase is unlikely.

The Flailing Pakistani Economy

  • In 2021, a World Bank report said, Pakistan’s nominal Gross Domestic Product (GDP) was $348.26 billion.
  • In another report, the World Bank said that Pakistan’s GDP per capita income was $1,505.
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A large segment of the Pakistani population faces economic hardships, and the burgeoning population makes it difficult for the country to provide for its people.

In such a scenario, launching such a campaign to dole out massive cash prizes is no less than a boon for so many Pakistani migrants.

Promotion Of Legal Channels To Send Remittances

With several factors affecting the global economy, governments have been making tough economic decisions lately. Pakistan is no exception.

Therefore, the Pakistani government has tightened the regulation of remittances and their inward flow.

This has led to an increase in the taxation of remittances, forcing remitters to find ways to send remittances to evade taxes and pay less.

Through this campaign, the twin financial institutions, ACE Money Transfer and Bank Al Habib, want to bring remitters back to the use of legal channels by charging a low fee, offering live and competitive currency exchange rates, and helping recipients approach any of 1,080+ Bank Al Habib branches easily without incurring commuting costs.

These factors help compensate for the amount paid as taxes to a large extent.

ACE Money Transfer – Turning Your Dreams Into Reality

What else is it like to realize your dreams without this exciting campaign? Deliver funds in any of the HBL branches in just 7 seconds with ACE Money Transfer, spread transactions across the campaign duration, and become a millionaire overnight. Act now!

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