Wells Fargo donates $250K, waives transfer fees, accepts donations
SAN FRANCISCO–Wells Fargo & Company released a grant of $250,000 with $125,000 going to the American Red Cross and $125,000 to the International Medical Corps, for typhoon and flood relief and rehabilitation in the affected areas of the Philippines in the aftermath of Typhoon Haiyan/Yolanda.
“While we are grateful that all of our team members there are safe and accounted for, our hearts go out to all those who were impacted by this storm,” said Tim Hanlon, head of Strategic Philanthropy and Partnerships for Wells Fargo. “Our contribution will help get aid quickly to those who need it.”
Wells Fargo is also temporarily waiving all remittance transfer fees for ExpressSend® transfers from an eligible checking or savings account to reduce the cost of sending money to the Philippines to support friends and family. Customers can send funds to their family or friends in the Philippines at a number of remittance network members – including Bank of the Philippine Islands, BDO Unibank, Metrobank, M.Lhuillier and Cebuana Lhuillier – by calling Wells Fargo Global Remittance Services at 1-800-556-0605, going online at wellsfargo.com, or visiting a Wells Fargo banking store.
The first remittance for a service agreement must be completed in person at a store. The fee waiver is effective November 13 through November 30, 2013.
“As these communities begin the long, difficult process of recovery, we’re working closely with our remittance network members in the Philippines to make sure our customers and team members are able to support their families and friends,” said Daniel Ayala, head of Wells Fargo’s Global Remittance Services Group.
From now through December 11, 2013, Wells Fargo customers can donate to the American Red Cross Disaster Relief Fund at more than 12,000 Wells Fargo ATMs across the U.S. (with the exception of Kansas, Missouri, and Washington, D.C., due to local restrictions). Customers will not be charged a fee for using this service and 100 percent of the donations will be sent to the American Red Cross.
Wells Fargo in the Philippines has a volunteer taskforce comprised of team members, with initiatives focused on disaster relief efforts, supporting learning programs for socially disadvantaged schools, improving the levels of education and infrastructure, among others.
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