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Wells Fargo Donates $50,000 To American Red Cross For Mexico Flood Relief

Stocks in this article: WFC

Wells Fargo & Company (NYSE: WFC) is supporting the Mexican relief effort in response to Hurricanes Ingrid and Manuel with a grant of $50,000 to the American Red Cross. This grant will support the Mexican Red Cross response to the recent hurricanes and floods, which will allow for the relief and recovery in the affected regions of Mexico.

“The storms that hit Mexico have caused significant destruction and also, tragically, loss of life,” said Tim Hanlon, head of Strategic Philanthropy and Partnerships for Wells Fargo. “Our contribution will help the areas affected by the storms get the aid they so desperately need.”

“The impact of these storms has been widespread, damaging 23 of Mexico’s 32 states,” said Ariel Marin, Wells Fargo’s chief operating officer for Latin America. “Our thoughts are with the individuals and families affected by the recent flooding. We hope this donation will assist with the relief efforts in Mexico, as communities continue to assess the damage and begin to heal and rebuild.”

Wells Fargo is also temporarily waiving all remittance transfer fees for ExpressSend® transfers from an eligible checking or savings account for customers sending money using the ExpressSend service to friends and family in Mexico impacted by the floods. Customers can send funds to their family or friends in Mexico at a number of remittance network members, including Bancomer, Banorte, Banco Santander, Bansefi, Scotiabank, Grupo FAMSA, Soriana and Telecomm Telégrafos. The fee waiver is effective September 27, through October 5, 2013.

“We’re working closely with our remittance network members in Mexico to help our customers and team members support their families and friends as they begin the recovery process,” said Daniel Ayala, head of Wells Fargo's Global Remittance Services Group.

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. The first remittance for any service agreement must be completed in person at a store. Wells Fargo has the capability to serve customers in English and Spanish.

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