MoneyGram Offers No-Fee Service to Send Donations toTsunami Victims

Minneapolis, Minn: MoneyGram is making its money transfer network in the US available for sending donations to the American Red Cross to help victims of the earthquake and tsunamis this week in Asia. Donations will be expedited to the Red Cross and the company is waiving its transaction fees. “We extend our deepest sympathies to everyone touched by this tremendous tragedy,” said Phil Milne, president of MoneyGram International. “By activating our Global Giving Service, we hope to facilitate the flow of donations and aid to the people who so desperately need help.” MoneyGram is also cutting its fee to just $5* (U.S. or Canadian) for sending funds from the US and Canada to India, Indonesia, Sri Lanka and Thailand through Jan. 31.

MoneyGram has money transfer agents in many of the impacted areas, but consumers who want to send money to family and friends in the disaster areas are advised to call 1-800-MoneyGram or 1-800-926-9400 to find out which agent locations are open and able to disburse funds. To make a no-fee donation to the Red Cross, go to a MoneyGram agent location and tell the agent you wish to send a donation to Red Cross Tsunami via MoneyGram ExpressPayment (Receive Code 3998). Save the receipt for proof of the charitable contribution. MoneyGram will keep this service available until January 31, 2005.

MoneyGram is available at major retail locations throughout the US. Just look for the MoneyGram sign to make a donation. MoneyGram International, Inc. is a leading global payment services company and S&P MidCap 400 company. The company’s major products and services include global money transfers, money orders and payment processing solutions for financial institutions and retail customers. MoneyGram’s money transfer services are available in more than 70,000 locations in more than 160 countries. For more information or to locate an agent, visit the company’s Web site at www.moneygram.com . In addition to the transfer fee applicable to a transaction, a currency exchange rate set by MoneyGram or its agents will be applied.

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Editor: Akhtar M. Faruqui
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