SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) said today the company will donate $50,000 to the Ecuadorian Red Cross through the American Red Cross to help with relief efforts in the northern coastal provinces of Ecuador, which were devastated by a major earthquake on April 16. The 7.8 magnitude earthquake, which was followed by a number of aftershocks, resulted in loss of life, injuries and destruction of buildings and key infrastructure throughout the region. Wells Fargo has maintained a presence in Ecuador for more than 17 years, and currently has an office in Guayaquil, which is more than 200 miles from the earthquake’s epicenter.
“Our hearts go out to the people of Ecuador and their friends and families around the world,” said Alejandro Hernandez, head of Global Social Responsibility for Wells Fargo. “We hope that our contribution will assist with the relief efforts as people recover and begin the healing and rebuilding process.”
In an effort to assist its customers with family and friends affected by the earthquake, Wells Fargo has also announced that it will waive transfer fees for ExpressSend® remittances sent to Ecuador through May 8, 2016. Customers can send funds to their family or friends in Ecuador at nearly 300 locations and more than 1,000 ATMs through Banco Guayaquil and SERVIPAGOS (VIA PRODUBANCO). Funds can be sent by going online at wellsfargo.com, by calling Wells Fargo Global Remittance Services at 1-800-556-0605, or by visiting a Wells Fargo banking store. The first remittance for a service agreement must be completed in person at a store.
“We are saddened to hear of the devastation that has affected so many communities and families as a result of this earthquake, and our thoughts are with the people of Ecuador as they work to recover and rebuild in the months ahead,” said Daniel Ayala, head of Wells Fargo's Global Remittance Services Group. “We are honored to serve many Ecuadorians with our ExpressSend service, and we are proud to do our small part to make it easier for them to help their family and friends back in Ecuador as they begin the recovery process.”
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.8 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through 8,800 locations, 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 36 countries to support customers who conduct business in the global economy. With approximately 269,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 30 on Fortune’s 2015 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Wells Fargo perspectives are also available at Wells Fargo Blogs and Wells Fargo Stories.