Wells Fargo Waives Remittance Transfer Fees to Philippines for Families and Friends Affected by the Floods
SAN FRANCISCO, August 15, 2012 – Wells Fargo & Company (NYSE: WFC) is temporarily waiving all remittance transfer fees for ExpressSendÒ transfers from a linked checking or savings account for customers sending money using the ExpressSend service to friends and family in the Philippines impacted by the floods. The fee waiver is effective August 15-30, 2012.
Wells Fargo is also donating $50,000 to the American Red Cross for relief efforts.
“Our hearts go out to all those who have been impacted by the floods,” said Daniel Ayala, head of Wells Fargo's Global Remittance Services Group. “We’re working closely with our remittance network members in the Philippines to help our customers support their families and friends as they begin the recovery process.”
ExpressSend customers can send up to $3,000 a day for $4 if originated from a Preferred, Complete Advantage, or Premium Membership Checking. For standard tiered pricing, customers sending less than $100 would only pay $4 to send money to the Philippines. Wells Fargo remittance network members include Bank of the Philippine Islands, Banco de Oro, Metrobank, M. Lhuillier, Cebuana Lhuillier. Recipients can claim their funds at more than 6,400 locations throughout the Philippines.
Customers can send money by calling the Wells Fargo Phone Bank at 1-800-556-0605, going online at wellsfargo.com, or by visiting a Wells Fargo banking store. Wells Fargo has the capability to serve customers in English and Tagalog.
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a nationwide, diversified, community-based financial services company with $1.3 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 9,000 stores, 12,000 ATMs, the Internet (wellsfargo.com), and has offices in more than 35 countries to support the bank’s customers who conduct business in the global economy. With approximately 265,000 full-time equivalent team members, Wells Fargo serves one in three households in United States. Wells Fargo & Company was ranked No. 26 on Fortune’s 2012 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy all our customers’ financial needs and help them succeed financially.