Financial Services

Here’s Your Chance to Win One of the Two PKR 1 Crore Prizes or One of 91 PKR 1 Lac Prizes with ACE Money Transfer and Bank Al Habib

Here's Your Chance to Win One of the Two PKR 1 Crore Prizes or One of 91 PKR 1 Lac Prizes with ACE Money Transfer and Bank Al Habib

Every month of Ramadan brings with it and leaves behind blessings and bounties – both spiritual and material – for the believers. This holy month of Ramadan is no different as it brings with it a grand opportunity for Pakistani migrants who send money to Pakistan from abroad to offer financial support to their families back home.

ACE Money Transfer has launched another exciting campaign for Pakistani migrants in which they can easily participate and follow some easy and simple tips to stand a chance to win massive cash prizes.

The best part of this recent campaign is the time duration which is long enough to give ample time to the migrants to participate and do what it takes to increase their chances of winning exciting prizes.

Keeping the convenience of its customers, ACE Money Transfer has launched this recent campaign in collaboration with Bank Al Habib in Pakistan.

Bank Al Habib is one of the biggest banks in Pakistan, with over 1,080 branches located across the country.

Keep reading to learn about the exciting details of the campaign.

An Insight into the Current Campaign

This campaign is designed for Pakistani migrants residing in the UK, Europe, Canada, Australia, and Switzerland. These migrants already live in these countries and keep sending funds back to Pakistan as a routine because they migrate to other countries for this.

They have a big opportunity coming their way that they can grab and win several cash prizes by simply doing the following.

Participating in the Campaign

The following steps are essential to participating in this exciting campaign.

  • They have to be Pakistani migrants;
  • They have to reside in the UK, Europe, Canada, Australia, and Switzerland;
  • They have to be ACE Money Transfer’s customers and send money back to Pakistan through it;
  • For this campaign, the amount they send back has to be sent to any of the over 1,080 branches of Bank Al Habib across Pakistan;
  • The recipients of the remittances have to be residing in Pakistan;
  • Money sent thus must be collected as cash;
  • To increase their chances of winning prizes, they have to keep sending money throughout the campaign duration, as several transfers in one day will be counted as one. Many transactions on different days will increase your chances of winning.
  • Missing out on any of the conditions above will bar migrants from participating in the current campaign.

Details of Prizes

This campaign is bringing 2 bumper cash prizes of PKR 1 Crore each and 91 cash prizes of PKR 100,000/- each.

In total, there are 93 cash prizes benefiting as many lucky winners.

Campaign Duration

The campaign starts on the 1st of April and lasts till the 30th of June. The total number of days this campaign remains active and alive is 91, with as many cash prizes in addition to the two bumper cash prizes to the tune of multi-millions.

Such a long campaign duration is enough for the migrants to prepare well to participate and also make necessary arrangements to ensure that they win the prizes by following the stipulated guidelines.

Click here to learn about the campaign details.

Distribution of Prizes

The company has chosen the mechanism of lucky draws to select winners. It is to ensure transparency and to provide all the participants with an equal opportunity to win.

Several lucky draws have been scheduled both during the campaign duration and even after the campaign ends.

If a winner or some of them cannot come to the award distribution ceremony to collect their prize, owing to any reason, the company will wait for 7 days for them. They will be eligible to collect their awards even if they appear on the last day. But if they do not, then the company will hold another lucky draw to select another winner.

Occasions to Award the Two Bumper Prizes

The 91 cash prizes of PKR 100,000/- each will be distributed among the winners in different lucky draws whose schedules and dates can be seen from the campaign’s ToRs, attached above; the bumper prizes are to be given on the auspicious occasions of twin Eids.

The first bumper prize will be given away to the lucky winner on Eid ul Fitr, which is around the corner, whereas the second bumper prize will be given on Eid ul Adha, which is a few months away but is approaching fast.

Let’s now see the reasons behind focusing on Pakistani migrants.

Reasons for Keeping this Campaign Pakistan-Specific

A few prime reasons for this are touched briefly below.

Promoting Legal Channels

Tight government regulation of inward remittances has led to a rise in taxes on remittances, evading which remitters look for ways not regulated by the law.

Therefore, ACE Money Transfer and Bank Al Habib joined hands to facilitate customers with low fees, competitive currency exchange rates, and speed and ease of collecting funds from the bank’s wide branch network to encourage legal channels.

Low Inward Remittances

Inward remittances in FY22 were around $31 billion, according to a Dawn report and will remain close to $30 billion in FY23, the same report projected.

Struggling Economy

  • The World Bank said that Pakistan’s nominal Gross Domestic Product (GDP) in 2021 was $348.26 billion.
  • Another World Bank report said that in 2021 GDP per capita income in Pakistan was $1,505.

Poverty and Unemployment

The misery index (total of inflation and unemployment rates) has jumped from 15.2 to 36.8, former deputy governor of the State Bank of Pakistan (SBP) said in a recently published report.

These reasons made this campaign Pakistan-specific.

ACE Money Transfer – Sending Awards to You Fast

With a speed of just 7 seconds to deliver funds, ACE Money Transfer is not only delivering remittances to your loved ones through Bank Al Habib, but it is also sending massive cash prizes your way equally fast.

So, act now and grab yours!

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