MoneyGram International (NYSE: MGI) announced Thursday it has reduced fees for money transfers sent to Haiti following the nation’s catastrophic earthquake, according to Associated Press.
MoneyGram will offer a $1 price and similar pricing in foreign currencies for money transfers to Haiti from any of MoneyGram's 186,000 locations throughout the world.
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The company also said its relief efforts include a $10,000 grant to Pan American Development Foundation and free transactions to the American Red Cross.
Shares of MoneyGram rose 7 cents to $3.24 in afternoon trading.
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