Money Transfers to Lebanon Zero-Fee Paid out in US Dollars
Western Union, a leader in cross-border, cross-currency money movement and payments, today announced that it is offering zero-feei international money transfers paid out in U.S. dollars to Lebanon, as the country grapples with its recent tragedy amidst other economic and pandemic related threats.
“We stand in solidarity with the people of Lebanon as they confront this latest tragedy following the horrific explosion in Beirut on August 4. Our thoughts and prayers are with families of those injured and have lost their lives,” said Jean Claude Farah, President, Global Network, Western Union.
Farah said: “We know the people of Lebanon will stand strong as they grapple with this latest issue amidst other pressures of economic and COVID-19 related issues. We also know there are tens of millions of Lebanese families and loved ones working or living across the world – and they send money regularly to pay for a variety of needs.
“We owe the people of Lebanon recognition for their spirit of resilience, especially during times of strife. Our zero-fee to be paid out in US dollars is a small form of relief to facilitate additional financial flows into Lebanon,” Farah said.
The Western Union Foundation will also extend its current donations to International Medical Corps for relief efforts to the people of Beirut affected by this tragedy. The Foundation donated to International Medical Corps in February, for COVID-19 relief.