Western Union Provides Relief in Response to Flooding in Kerala
23 August 2018 - 4:36AM
Business Wire
To support communities and families affected by monsoon flooding
in Kerala, The Western Union Company (NYSE: WU), a global leader in
cross-border, cross-currency money movement, and the Western Union
Foundation today announced a coordinated response involving the
company’s employees, its agents and global non-governmental
organizations (NGOs) to provide humanitarian relief to people in
Kerala. In total, contributions through this combined effort could
total up to US $180,000.
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the full release here:
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- Consumer Transactions: Between
August 28, 2018 to September 27, 2018, Western Union will donate US
$1 for each transaction* sent to a Western Union Agent location in
Kerala** from participating Western Union agent locations across
the globe and via WU.com and the Western Union mobile app where
available.
- Agent Locations Open for
Business: Consumers can be assured that today more than 12,000
Western Union agent locations in Kerala are currently open and
available for those wishing to send and/or pick-up cash. Western
Union is committing to assist impacted agents in the area with
rebuilding efforts.
- Western Union Foundation Grant:
The Western Union Foundation is committing US $30,000 to Save the
Children in support of its relief efforts from monsoon flooding in
Kerala. Save the Children is providing aid through programs that
provide immediate distribution of supplies, access to education and
shelter to affected families.
- Agent and Employee Match Giving:
From August 23, 2018 to September 22, 2018, the Western Union
Foundation will also provide a dollar-for-dollar match of
qualifying contributions from participating Western Union Agents,
up to US $30,000. In addition, it will match employee donations 2:1
for relief efforts in Kerala, up to US $30,000. Donations can be
made directly online here or by visiting
https://secure.donationpay.org/westernunion/index_new.php.
“We are committed to helping the communities we serve,” Western
Union Regional Vice President, South Asia & Indochina, Sohini
Rajola said. “These contributions will enable organizations to
mobilize quickly, providing critical initiatives for long-term
rehabilitation efforts.”
“Our thoughts are with the communities affected by devastating
monsoon flooding in Kerala,” said Western Union Foundation Vice
President and Executive Director, Elizabeth Roscoe. “Our
collaborative response with Western Union and generosity from
participating agents will help to provide health services,
education and shelter.”
Western Union and the Western Union Foundation were at the
forefront of major natural disaster relief efforts, including
Hurricane Maria in Puerto Rico and Hurricane Harvey in Texas. Since
2001, the Western Union Foundation has donated more than US $17
million for disaster relief, to aid 180 disasters in 80 countries
around the world. Last year, the Western Union Foundation responded
to 13 disasters around the world.
* Western Union also makes money from currency exchange. When
choosing a money transmitter, carefully compare both transfer fees
and exchange rates. Fees, foreign exchange rates and taxes may vary
by brand, channel, and location based on a number of factors. Fees
and rates subject to change without notice.** Due to the severity
of flooding in Kerala, India, some Western Union agent locations
may not be immediately operational or possess sufficient funds.
About Western Union
The Western Union Company (NYSE: WU) is a global leader in
cross-border, cross-currency money movement. Our omnichannel
platform connects the digital and physical worlds and makes it
possible for consumers and businesses to send and receive money and
make payments with speed, ease, and reliability. As of June 30,
2018, our network included over 550,000 retail agent locations
offering Western Union, Vigo or Orlandi Valuta branded services in
more than 200 countries and territories, with the capability to
send money to billions of accounts. Additionally, westernunion.com,
our fastest growing channel in 2017, is available in 45 countries
and territories to move money around the world. In 2017, we moved
over $300 billion in principal in nearly 130 currencies and
processed 32 transactions every second across all our services.
With our global reach, Western Union moves money for better,
connecting family, friends and businesses to enable financial
inclusion and support economic growth. For more information, visit
www.westernunion.com.
About The Western Union Foundation
The Western Union Foundation believes that education is one of
the surest pathways to economic opportunity. Through collaborations
with NGOs around the world, the Foundation has embarked on a
five-year mission to connect 50,000 migrants, refugees, women and
young people to the global economy through demand-driven skills
training and workforce enablement programs by 2020. The Foundation
also offers a global scholarship program that helps put a
post-secondary education in reach for in-need students studying in
the STEM fields and business. To date, more than $117 million has
been given to fund projects affecting more than 800,000 people in
137 countries across the globe, including humanitarian relief for
communities in crisis. The Western Union Foundation is a separate
charitable corporation that is tax-exempt under 501(c)(3) of the US
Internal Revenue Code, and receives support from The Western Union
Company, its employees, agents and business partners. Contributions
to the Foundation are tax-deductible for US income tax purposes. To
learn more, visit www.westernunionfoundation.org or follow us on
Twitter @TheWUFoundation.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20180822005610/en/
Western Union Media Contact:Ingrid Sahu, +97 14
437-3600Ingrid.Sahu@westernunion.comorWestern Union Foundation
Media Contact:Rachel Rogala,
+1-720-332-2686Rachel.Rogala@westernunion.com
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