ACE Money Transfer secures Payment Institution License in Ireland

ACE Money Transfer, a leading global money transfer service, has recently achieved a significant milestone by securing a Payment Institution License from the Central Bank of Ireland. This accomplishment highlights ACE's dedication to meeting regulatory standards and excelling in the European financial market.

The approval from the Central Bank of Ireland not only demonstrates ACE's commitment to regulatory compliance but also showcases the company's operational integrity, stringent security measures, and customer-centric approach. This milestone reinforces ACE's promise to deliver secure and efficient payment services while upholding the highest regulatory standards.

Mr. Rashid Ashraf, CEO of ACE Money Transfer UK, expressed enthusiasm about the license, emphasizing its validation of ACE's expertise and credibility in the financial sector. The license not only recognizes ACE's position in the industry but also sets the stage for further growth and innovation, ultimately enhancing services for customers in Ireland and beyond.

ACE Money Transfer is dedicated to transparency, security, and regulatory adherence. The company will continue to collaborate with regulatory bodies, partners, and stakeholders to drive innovation and positive change in the payment sector. Operating as a subsidiary of Aftab Currency Exchange Limited UK, ACE Money Transfer Ireland has been a trusted provider of money transfer services since 2002, offering secure and swift transactions to over 100 countries through an extensive network of payout locations.

ACE Money Transfer's acquisition of the Payment Institution License from the Central Bank of Ireland marks a significant step in the company's journey towards enhancing financial services in Europe. With a strong focus on regulatory compliance, operational integrity, and customer satisfaction, ACE Money Transfer continues to set industry standards and drive innovation in the payment sector.