MoneyGram Waives Fees for Transfers from South America and U.S. to Ecuador in Wake of Tragic Earthquake

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MoneyGram Foundation also supports earthquake relief efforts in affected areas

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Apr 21, 2016, 10:55 ET

DALLAS, April 21, 2016 /PRNewswire/ -- MoneyGram (NASDAQ: MGI) announced a series of support initiatives to help those impacted by the powerful earthquake that devastated Ecuador on April 17.

From now through May 8, 2016, MoneyGram has waived all transaction fees for sends from South America to Ecuador as well as fees on sends from the U.S. to Ecuador when they are made online at Moneygram.com.

"When disaster strikes, getting money to the people in the region is critical for re-building," said Pete Ohser, MoneyGram's executive vice president, Americas and Europe. "Our focus right now is making it is easy and affordable for family and friends to get financial assistance to those who have been affected."

The MoneyGram Foundation is also providing support through donations made to emergency response efforts initiated by AmeriCares and Save the Children.

AmeriCares has deployed an emergency response team to Ecuador and is building a 6,000 pound shipment of medicines and supplies in response to multiple requests for assistance. Save the Children staff will be working in the days and weeks ahead to give support to those most affected by this earthquake, particularly children.

MoneyGram is also waiving fees for those who want to donate to the American Red Cross to help support relief efforts in Ecuador. Donations can be made at www.MoneyGram.com or any of MoneyGram's agent locations in the U.S. All donations should be submitted to the American Red Cross under receive code 2540 to waive the transaction fee. Any dollar amount will be accepted up to a maximum of $249.99 per transaction.

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About MoneyGram International, Inc.
MoneyGram is a global provider of innovative money transfer and payment services and is recognized worldwide as a financial connection to friends and family. Whether online, or through a mobile device, at a kiosk or in a local store, we connect consumers any way that is convenient for them. We also provide bill payment services, issue money orders and process official checks in select markets. More information about MoneyGram International, Inc. is available at moneygram.com.

Media Contact:
Michelle Buckalew
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SOURCE MoneyGram