Founded
2002, as Aftab Currency Exchange Limited — based in Bolton, UK.
Money transfer referral
My ACE Money Transfer Experience: A Free First Transfer and a $50 Referral Reward
Discover how ACE Money Transfer, a UK-regulated remittance provider with over two decades in the business, makes sending money to South Asia, Africa and beyond straightforward. Sign up with my referral code and your first transfer is free — and once you're a customer, you can earn $50 for every friend who joins and sends their first transfer too.
ACE Referral Code
2596599
Your first transferFee-free
Per referred friend$50 reward
Referral capNone stated
Reward and fee terms are set by ACE Money Transfer and may change — check the current terms before signing up.
Codes checked:
What is ACE Money Transfer
A UK remittance company with over 20 years in the business
ACE Money Transfer is the trading name of Aftab Currency Exchange Limited, a company founded in 2002 in Bolton, Greater Manchester. It's one of the older names in the remittance space, having built up its network well before many of today's app-first competitors existed, with particular strength in transfers to Pakistan, India, Sri Lanka and other South Asian and African corridors.
The company is authorised by the UK's Financial Conduct Authority (FCA) as a Payment Institution, and also holds regulatory registrations with ASIC in Australia, FinCEN in the US, and FINTRAC in Canada — a broader regulatory footprint than many newer, single-market competitors. It supports sending to 94+ countries via bank deposit, cash pickup, and mobile wallet payout (including JazzCash and Easypaisa for Pakistan).
On fees: the first transfer is genuinely free for all new users, referral code or not — the code mainly unlocks the friend-referral reward afterwards. Beyond the first transfer, some corridors (larger transfers to Pakistan, and most transfers to India, Sri Lanka and Nigeria) stay fee-free by default, while others carry a modest fee, typically in the £0–£3.99 range depending on the route.
Regulation
FCA (UK), ASIC (Australia), FinCEN (US), FINTRAC (Canada).
Coverage
94+ countries, strong in South Asia, Africa and the Middle East.
ACE Money Transfer referral code — how it works
From signup to your $50 referral rewards
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Sign up for a new account
Go to the ACE Money Transfer website or app and create a new account.
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Enter the referral code
Enter 2596599 during registration, or use the referral link directly so it's applied automatically.
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Make your first transfer, fee-free
Your first international transfer carries no transfer fee — a straightforward way to try the service without commitment.
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Invite friends for $50 per referral
Once you're set up, share your own referral code. When a friend completes their first transfer, you receive $50 — with no stated cap on how many people you can refer.
How ACE Money Transfer compares
ACE Money Transfer vs Wise vs Remitly vs bank transfer
General patterns based on published reviews and provider information. Exchange rates and fees change daily, so always check the live quote before sending.
| ACE Money Transfer | Wise | Remitly | Bank transfer | |
|---|---|---|---|---|
| Fees | First transfer free for everyone; after that, £0–£3.99 depending on corridor, several major routes stay fee-free | Transparent upfront fee, mid-market exchange rate with no added markup | Variable fee plus rate markup; often discounted on a first transfer | Flat fee plus a rate markup, typically 2–4% |
| Coverage | 94+ countries, particular strength in South Asia and Africa, cash pickup and mobile wallets available | 140+ countries, broad global coverage, no cash pickup | 170+ countries, strong on cash pickup and mobile wallet payouts | Varies by bank |
| Best for | Best for regular senders to South Asia/Africa who'll benefit from the loyalty programme over time | Best for smaller transfers where fee transparency matters most | Best for fast transfers to recipients without a bank account | Best if you prioritize an existing banking relationship over cost |
Rates, fees and coverage change over time — confirm current terms directly with each provider before transferring.
Other options
Other verified money transfer codes
Here are other verified codes for services I've reviewed.
XE Money Transfer
Up to $/€/£50 gift card — wide currency support, 190+ countries.
TapTap Send
Up to $15/€15/£15 instant discount — fast transfers to Africa, Asia & Latin America.
Sendwave
$10/€10 instant discount — mobile-first transfers to Africa & South Asia.
LemFi
$10 off your first transfer — multi-currency wallet, strong in Africa.
MoneyGram
Zero fees on your first transfer — one of the largest cash pickup networks worldwide.
Wise
A free €500 transfer plus a multi-currency debit card.
Skrill
€15 off your first transfer over €150 with Skrill Money Transfer.
Ready to send?
Enter code 2596599 at signup
Your first transfer is free, and once you're set up you can start earning $50 for every friend who joins through your own code.
Sign up and enter code →FAQ
Common questions about the ACE Money Transfer code
What is the ACE Money Transfer referral code?
2596599 is a personal referral code. Entering it at signup, or using the referral link, waives the fee on your first transfer.
How does the $50 friend bonus work?
Once you have your own account, you can share your own referral code with friends. When someone you refer completes their first transfer, you receive a $50 reward, and there's no stated limit on how many people you can refer.
Is ACE Money Transfer actually fee-free?
The first transfer is free for all new users regardless of the referral code. After that, some corridors (such as transfers to India, Sri Lanka and Nigeria from most sending countries, or larger transfers to Pakistan) are fee-free by default, while others carry a modest fee, typically in the range of £0 to £3.99 depending on the corridor.
Who owns ACE Money Transfer and is it regulated?
ACE Money Transfer is the trading name of Aftab Currency Exchange Limited, a UK company founded in 2002 and based in Bolton, Greater Manchester. It's authorised by the UK Financial Conduct Authority (FCA) as a Payment Institution, and also holds regulatory registrations with ASIC in Australia, FinCEN in the US, and FINTRAC in Canada.
How many countries does ACE Money Transfer cover?
ACE Money Transfer supports sending to 94+ countries, with particular strength in South Asia (including Pakistan, India and Sri Lanka), Africa, the Middle East and South East Asia, offering bank deposit, cash pickup and mobile wallet payout options.
This is a personal referral offer, shared with my own referral code. Fee waivers, reward amounts and eligibility are set by ACE Money Transfer and may change — check the current terms in the ACE Money Transfer app or website before signing up.
