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Digital bank Revolut announced on Monday it is temporarily waiving fees on cross-border remittance payments made to India, following the country’s latest surge in COVID-19 cases.
“I am deeply saddened by the devastating impact of COVID-19 in my country this second time around. We at Revolut are committed to extending all the support we are able to offer to the people of India in this time of need. I would urge everyone to spread the word to your friends and family, and to support this cause by making a donation; big or small, they all make a difference.”
Revolut also revealed donations can be made via the Revolut app where 100% of customers’ donations go directly to their charity of choice. Saleh Saeed, DEC Chief Executive, concluded:
“We have all seen the devastating images from India showing hospitals overrun and oxygen supplies falling short of demand, with thousands of people unable to receive potentially life-saving treatment. Several cities have imposed lockdowns and curfews, which will have a knock-on effect for people’s livelihoods, with the poorest and most marginalised communities hit hardest. DEC member charities have a long history of working with these communities and are supporting overwhelmed health services by providing medical supplies, treatment facilities and logistics assistance. With the generous support of Revolut’s customers, we can do even more to help the most vulnerable communities as they face a life-or-death situation.”
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