A Beginner's Guide For Using ACE Money Transfer.

 A BEGINNER'S GUIDE FOR USING ACE MONEY TRANSFER


Transferring money from one country to another is an essential process for many people, and it is nearly impossible for them to survive without it. It is considered to be significantly more crucial for economically developing countries.


According to World Bank figures, it was estimated that 551 billion USD came from overseas workers in 2019. This plays an integral part in building the national economy of some countries. In other cases, the countries receive more funds from overseas workers sent home than international aid.


Today, there are a glut of ways to send money across the globe, including mobile apps that make your online money transfer feasible just with the ease of your fingertip. ACE Money Transfer transfers billions of dollars through a global remittance platform with its credible and very convenient mobile app that makes the process of sending money faster, more convenient, and less expensive. 

How can you get registered with ACE Money Transfer?

You can register with ACE Money Transfer in two very convenient ways.


The first one is with the aid of the website portal. The link for registration is as follows:

https://acemoneytransfer.com/sign-up


The second one is by the aid of the ACE Money Transfer app available for both android and ios. The links for both are as follows:


After getting registered, how do I send money?

ACE has made the process of money transfer very convenient for their users. ACE has narrowed the process to just four simple steps to make the money transfer process more time efficient. 

  1. Login/create your account using the website portal or app.

  2. The ones who have created a new account add basic details to your profile along with identification documents required by the company.

  3. Choose the country you want to send money to, add the amount you wish to send, and add the receiver's details.

  4. Pay for the transaction using your Debit/Credit Card or your Bank Account as per the user's choice.


Which identification documents are required by ACE Money Transfer?

The proof of id that is required can be in the form of the following:

  • A coloured image of your passport.

  • A coloured image of your driving license.

  • A coloured image of an EU member state's ID card.

The proof of address can be in the form of the following:

  • Utility bill.

  • Bank statement.

  • Employment letter.

  • Credit card statement.

  • NHS letter or GP card.

  • Official letter from any Government body.

While the proof of funds can be in the form of the following:

  • Pay/wage slips.

  • Credit card statement; the document must include identification like name and account number.

  • Solicitor Letter

  • House sale receipt

  • Car sale receipt, etc.

  • Bank loan documents, including mortgages.

  • P60 or P21(Annual Tax Returns)

  • Self-assessment.


Why does ACE need more documents than any other company?

Every money transfer service provider has its own SOPs and guidelines on which they are working on. ACE has strict safety procedures, ensuring users' funds are safe and transferred smoothly throughout. 


These precautions ensure that their users don't have to deal with the occasional problem of funds not being authorized or don't get under review by compliance.


How long does it take for the transaction to take place?

That depends on your payment method. Most transactions are completed within a few minutes if you use your Debit card or Credit card for the transaction. Whereas if you use the Online Bank Transfer method, transactions are completed within 1-2 banking days. 


Some factors may affect the transaction time, including the accuracy of the information, personal data and beneficiary details, and differences in time zones between the two countries. Sometimes, the banks are unavailable due to weekends and local holidays.


How can I receive money from ACE? 

Cash pickup, cash is available to collect instantly. It will be available the following day if it is created after banking hours, on weekdays, or on public holidays.


In the case of bank deposits, delivery timescales vary per country but are usually credited within 1 - 2 business days. If you accidentally provide incorrect bank details, your transaction can be delayed.

  • Wallet for specific countries only.

  • Mobile top-up for particular countries only.

  • Bill Payment for Pakistan only.


What information is required by the receiver to receive money?

The receiver needs to provide the following information to receive the money:

  • Transaction number, which is also known as payment number or pin code.

  • Beneficiary's valid National ID Card of the objective state.


How do I cancel my transaction?

There are two ways you cancel your transaction:


Using Website

If you're using the ACE website, 

  • First, you must log in.

  • Click on My Transactions.

  • Then click on transaction details. 

  • There will be an option to 'cancel.' 

  • Click on it and provide the company with the information on why you wish to cancel.


Using ACE app

On the other hand, if you're using the ACE app, 

  • Log in to your account.

  • Click on history. 

  • Click on the transaction details. 

  • There will be an option for 'Inquiry.' 

  • Click on it and provide the company with the information on why you wish to cancel.


ACE Money Transfer provides its users with every possible method of funds transfer across 100+ countries over the globe. They have strict safety measures ensuring that the transactions are safe and efficient. The team of ACE works tirelessly to make ACE services better for their users and are always on board with their users when they have any inquiry.


Conclusion!

ACE Money Transfer has made global money transfer a very convenient and cost-efficient process for their users. ACE is a very well-reputed and established company whose priority is its customers' trust. By creating an account, you get eligible to send money across 100+ countries with the ease of your fingertip.


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