Aftab Currency Exchange Limited (ACEL) has partnered with Earthport to expand its bank-to-bank capability following strong growth in its electronic bank transfer service.
Initially, ACEL will use Earthport’s capabilities to strengthen its EU offering with a view to further expansion globally over the coming months.
Earthport’s payment network offers clients access to an evolving suite of payment methods in over 60 countries, following the same compliance processes necessary in a global payments environment.
ACEL founder director Aftab Ashraf commented: “We constantly work to improve and expand our money transfer services around the world. Earthport brings us one connection point to the largest network for global bank payments, with integrated, sophisticated, validation and compliance services. We shall deliver enhanced solutions to our clients to support their remittance needs.”
Earthport CEO Hank Uberoi said: “Earthport’s service is uniquely positioned to enable secure and compliant global bank payment offerings and we are delighted that ACEL has chosen us to strengthen its bank transfer services.”