ACE Money Transfer CEO Rashid Ashraf highlights how remittances strengthen families, economies, and communities worldwide.
The post ACE Money Transfer CEO Rashid Ashraf highlights how remittances strengthen families, economies, and communities worldwide. appeared com. London, Uniited Kingdom, November 4th, 2025, FinanceWire Remittances today are far more than financial transfers; they are lifelines that sustain families, fund education, and support small businesses across the world. For millions of expatriates living and working across the UK and Europe, every transaction represents love, responsibility, and connection. ACE Money Transfer today reaffirmed its commitment to strengthening its European operations, reinforcing its mission to make global remittances faster, safer, and more human. This initiative reflects ACE’s commitment to combining innovation with empathy, turning remittances into the invisible bridges that create lasting opportunities for families worldwide. “When we send money, we don’t just send currency; we send love, education, and opportunity across borders,” says Rashid Ashraf, CEO of ACE Money Transfer. “With our growing European network, we’re strengthening this invisible bridge that keeps families united, even when separated by distance.” A Vital Role in the European Economy The UK and the European Union remain among the largest remittance-sending regions in the world, contributing an estimated USD 63 billion annually. Migrant workers across the region play a dual role in strengthening host economies while supporting their homelands through regular remittances that uplift millions of lives. Ashraf notes, “These workers are heroes of two nations. Their contribution fuels progress on both sides of the border.” He is actively focused on expanding ACE’s European presence and partnerships to further facilitate secure and affordable cross-border transfers. ACE Money Transfer: Trusted, Transparent, and Global Headquartered in the UK and regulated by the Financial Conduct Authority (FCA), ACE Money Transfer operates in 29 sending and over 100 receiving countries, providing fast, secure, and affordable cross-border transfers. Since 2002, ACE has served millions of customers across Europe, Australia, Canada, and the Gulf, using cutting edge digital platforms to simplify the remittance experience. The company’s AI-driven technology ensures. Continue reading ACE Money Transfer CEO Rashid Ashraf highlights how remittances strengthen families, economies, and communities worldwide.