Corporate group · United Kingdom
Ace Money Transfer Limited
See the institutions that GLEIF records as consolidated by Ace Money Transfer Limited, with or without a BIC. Consolidation is an accounting relationship reported to GLEIF; it does not show ownership shares or control.
The group at a glance
Every row is the same 4 institutions, split by one attribute
Type
- Payments & e-money 2 · 50%
- Money service business 2 · 50%
Identification
- BIC and a register licence 2 · 50%
- Register only, no BIC 2 · 50%
Regulation level
- Prudential licence 2 · 50%
- AML registration only 2 · 50%
Region
- Europe & Central Asia 3 · 75%
- North America 1 · 25%
LEI
- LEI mapped 4 · 100%
View as table
| Attribute | Institutions | Share |
|---|---|---|
| Type | ||
| Payments & e-money | 2 | 50% |
| Money service business | 2 | 50% |
| Identification | ||
| BIC and a register licence | 2 | 50% |
| Register only, no BIC | 2 | 50% |
| Regulation level | ||
| Prudential licence | 2 | 50% |
| AML registration only | 2 | 50% |
| Region | ||
| Europe & Central Asia | 3 | 75% |
| North America | 1 | 25% |
| LEI | ||
| LEI mapped | 4 | 100% |
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
GLEIF relationship records as at 25 September 2026 · BIC data as at 23 September 2026
Institutions in the group
All 4 institutions that GLEIF records in the group, with or without a BIC: prudentially supervised and larger institutions first.
- Ace Money Transfer Limited · trading as Acel, ACE Union No BIC Payments & e-moneyPrudential licence
- Ace Union Limited BIC ACUIGB22 Payments & e-moneyPrudential licence
- Ace Money Transfer Limited · trading as ACE MONEY TRANSFER No BIC Money service businessAML registration only
- Aftab Currency Exchange Limited BIC AFTBGB22 Money service businessAML registration only
Head entity
GLEIF records Ace Money Transfer Limited as the parent that consolidates the group, with its head office in the United Kingdom.
LEI 894500QEMGMRG67KPB44 · GLEIF record ↗
Members by country
GLEIF records 2 legal entities of the group in the directory, in 2 countries. Each institution shows its own listings and licences; nothing is inferred from the group.
Register licences in the group
Institutions in the group hold 3 licences and registrations on the tracked registers.
| Register | Holder | Licence | Number | Jurisdiction | Status |
|---|---|---|---|---|---|
| FCA-EMI | Ace Union Limited | Authorised E-Money Institution | 900476 | United Kingdom | Active |
| HMRC-MLR | Aftab Currency Exchange Limited | Money Service Business | XKML00000159849 | United Kingdom | Active |
| FCA-PSD | Aftab Currency Exchange Limited | Small Payment Institution | 511531 | United Kingdom | Inactive |
Where the group is present
The group’s institutions are in 2 countries.
Sources & method
Group membership follows GLEIF accounting-consolidation relationships as at 25 September 2026. It does not cover ownership below consolidation.
Sanctions listings are matched on the BIC and on the LEI mapped to it, so they cover institutions that hold a BIC only. Institutions without a BIC are not screened. Always screen against the official lists.
Read the methodology →Sources for this page
- GLEIF relationship records (Level 2)—accounting consolidation as reported to GLEIF · about Level 2 data ↗ as at 25 September 2026
- Swift ISO 9362 BIC directory—institutions and branch codes, mapped to LEIs through the Swift and GLEIF BIC-to-LEI relationship file. As at 23 September 2026
Assess the financial crime risk behind a counterparty
A BIC or a licence identifies an entity; it does not assess it. The Elucidate FinCrime Index (EFI) is an independent score of the financial crime risk of banks and payment firms. Read about the FinCrime Index.
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