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Vancity exempts wire transfer fees to Ukraine and offers financial support for humanitarian relief, The Canadian Business Journal

Musqueam, Squamish, TSLEIL-WAUTUTH NATIONS / VANCOUVER territory, British Columbia, February 25, 2022 (GLOBE NEWSWIRE) —Vancity today announces temporary exemption from wire transfer fees for transfers to Ukraine Did. There are more than one million Canadians who admit to being Ukrainians, and even more Canadians have strong personal connections, are deeply concerned and want help. Vancity members will be able to send money to Ukrainian friends and family for free.

In addition to the wire transfer fee exemption, Vancity provides support by donating a total of $ 50,000 to the Ukrainian humanitarian appeal and local Ukrainian organizations here in Canada. Half of the donated money will immediately support humanitarian relief, including assistance to displaced people, medical care, emergency shelters, and food security for Ukrainian people. As the situation progresses, Vancity is contacting local partners and allocating the remaining $ 25,000 to assist the Ukrainian people.

“Vancity stands by the people of Ukraine,” said Christine Bergeron, President and CEO of Vancity Group. “Russia’s unprovoked military aggression on Ukraine is an attack on the values ​​of the free and democratic world that is at the core of the co-operative. We all have a role to play in supporting the people of Ukraine. The measures announced today are small gestures that Vancity can take to provide our support. I encourage those in that position to donate to Ukrainian humanitarian assistance. . “

Members and the general public can donate directly to Ukrainian humanitarian aid through the Ukraine Foundation of Canada: https: //www.cufoundation.ca/cuf-ucc-ukraine-humanitarian-relief/.

About Vancity

Vancity is a value-based financial cooperative that caters to the needs of more than 550,000 member owners and their communities, with offices and 55 branches in the Metro Vancouver, Fraser Valley, Victoria, Squamish and Alert Bay regions. I have. Coast Salish and Kwakwaka’utl. With $ 30.5 billion in assets and assets under its control, Vancity is Canada’s largest community credit union. Vancity uses its assets to improve the financial well-being of its members while helping to develop healthy, socially, economically and environmentally sustainable communities.

For more information, please visit vancity.com.

Media contacts:

Nora Eastwood

mediarelations@vancity.com


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Vancity exempts wire transfer fees to Ukraine and offers financial support for humanitarian relief, The Canadian Business Journal

Source link Vancity exempts wire transfer fees to Ukraine and offers financial support for humanitarian relief, The Canadian Business Journal

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