The Western Union Company today announced a multi-faceted response that leverages its broad connectivity, retail, online, Agents and people to provide support for families and communities most affected by the earthquake in Nepal.
For consumers sending money to family and loved ones in Nepal, from now until the 14th of May 2015, Western Union will activate a no-fee* money transfer transaction program from participating Western Union Agent locations in the: United States, Europe, Syria, Saudi Arabia, UAE, Qatar, Bahrain, Kuwait,Oman, Iraq, Maldives, China, Malaysia, Hong Kong, Australia, New Zealand, Thailand, Singapore Japan,Turkey, Israel and Lebanon, all countries with a concentration of Nepali diaspora.
Consumers who use Western Union online services and mobile applications to send money, where available, can also avail of no-fee* transactions to Nepal until 31st of May 2015. Online consumers will need to use the promotion code NEPALRELIEF2015.
The Western Union Foundation is committing US$200,000 to support the relief efforts through discretionary and matching grants in partnership with WU employees, Agents, and business customers.
The Western Union Foundation will provide a dollar-for-dollar match of qualifying contributions from Western Union Agents, business customers and other business partners; and 2:1 employee donations to NGOs providing disaster relief.
The Western Union Foundation will contribute a portion of the relief funding to Mercy Corps. The Mercy Corps response team is currently prioritizing efforts to provide shelter, food and water.
"We are committed to helping the communities we serve. Our thoughts are with the people of Nepaland the Nepali diaspora community around the world, during this time of need," said Western Union Chief Executive Officer, Hikmet Ersek. "In addition to immediate response, we will be working with Western Union Agents, employees and nonprofit partners to provide additional support for long-term initiatives that will help the area recover and rebuild."
Western Union Foundation President, Patrick Gaston, added, "The earthquake in Nepal has caused widespread devastation with significant loss of life, injury and unprecedented damage to property. The Western Union Foundation is responding with support for relief efforts, including programs that provide meals, shelter and clean drinking water to families and children most affected."
*Western Union makes money on the exchange of currencies.
Due to the severity of the earthquake, some Western Union Agent locations in Nepal may not be immediately operational or possess sufficient funds.