ACE Money Transfer Review: Send Money to Bangladesh
Updated 5 April 2026
Overview
ACE Money Transfer is a UK-based remittance company focused on serving South Asian and African diaspora communities. They offer competitive rates for Bangladesh with a first-transfer-fee-free promotion. ACE supports bank deposits and mobile wallet delivery.
Fees & Exchange Rates
ACE attracts new customers with a fee-free first transfer. Standard fees are moderate. Exchange rates are generally competitive for the Bangladesh corridor, though not always matching Wise's mid-market rate.
Transfer Speed
Most bank transfers arrive within 1-2 business days. Speed depends on the receiving bank and time of transfer.
Delivery Options
- ✓Bangladesh bank accounts
- ✓Mobile wallet options
Pros & Cons
Pros
- +First transfer fee-free
- +Competitive exchange rates
- +Focused on South Asian corridor
- +Growing platform with good reviews
- +User-friendly interface
Cons
- −Smaller brand, less recognition than WU/Wise
- −Fewer delivery options than larger competitors
- −Limited cash pickup network
- −Less transparent pricing for standard transfers
What Users Say
ACE Money Transfer users appreciate the competitive rates and fee-free first transfer. The service is especially popular among the South Asian community in the UK. Some users note that while the rates are good, the service lacks the polish and delivery network of larger competitors.
Bangladesh 2.5% Government Incentive
Final Verdict
ACE is worth trying for the fee-free first transfer, especially from the UK. Rates are competitive but check against Wise and TapTap Send for ongoing transfers. The smaller network means fewer delivery options.
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