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MoneyGram International Responds to Disaster in Pakistan
Published Aug 26, 2010
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In response to the devastation caused by ongoing flooding in Pakistan, MoneyGram International (NYSE: MGI) announced today it is donating $3 from qualifying remittances to the country for relief efforts managed by the Pakistan Red Crescent Society. Aug. 20 through Sept.
20, $3 USD from each transaction made to Pakistan will be donated to the American Red Cross to support relief efforts in Pakistan. Participating countries include:
•Australia
•Canada
•Cyprus
•France
•Germany
•Greece
•Italy
•Spain
•United States
•United Kingdom
•Bahrain
•Kuwait
•Oman
•Saudi Arabia
•United Arab Emirates
“The situation in Pakistan is one of the worst in recent memory and we want to do something to help people whose lives which have been devastated by the floods,” said Juan Agualimpia, MoneyGram’s chief marketing officer. “We are maximizing our $3 per transaction donation by implementing it in MoneyGram’s leading send countries to Pakistan. We encourage our customers in these regions and throughout the world to join us in assisting the people of Pakistan who have lost so much as a result of the floods.”
All MoneyGram agents in Pakistan, including Bank Al Falah, MCB Bank and Wall Street Exchange, are currently conducting business and thus recipients can readily collect remittances. For information on agent locations, visit www.moneygram.com. In addition to sending through agents, customers in the U.S. can also send money online at www.moneygram.com and the $3 donation will apply.
“Remittances to Pakistan naturally increase during this time of Ramadan and Eid celebrations. We trust that will continue, making our mission to help Pakistanis even more successful,” added Agualimpia.
Last year, MoneyGram’s $1 million of community support included global relief efforts after disasters in El Salvador, India, Indonesia, the Philippines, Samoa and Tonga. The company also provides approximately $500,000 in grants annually to non-profit organizations to support communities for microfinance programs, essential education in addition to disaster relief.
About MoneyGram International
MoneyGram International offers more choices for people separated from friends and family by distance or those with limited bank relationships to meet their financial needs. A leading global provider of money transfer services, MoneyGram International helps consumers send money around the world with funds arriving at available agent locations in as little as 10 minutes.
Its global network is comprised of over 203,000 agent locations in more than 190 countries and territories. MoneyGram’s convenient and reliable network includes retailers, international post offices and financial institutions.
To learn more about money transfer at an agent location, please visit www.moneygram.com or follow us on Facebook.
For More Information:
MoneyGram International
Lori O’Briant,
T:214-999-7509
E:LO'Briant@moneygram.com
w.businesswire.com/news/home/20100823000000/en
Posted by
VMD - [Virtual Marketing Department]
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