Sixteen European and Ukrainian money transfer providers, including Mastercard, Visa and Raiffeisen Bank, have pledged to provide “affordable, accessible and transparent” services for Ukrainian refugees sending money home, in a joint statement released on Tuesday 27 September.
The signatories of the joint declaration promise to: - ensure that transfer fees converge towards the 3% target set in the Sustainable Development Goals; - voluntarily and bilaterally reduce total fees,...