By Tamsin Brown •
Published: 04 Mar 2022 • 14:53
Revolut has offered its customers free transfers to Ukraine and will also match every donation made to the Red Cross Ukraine appeal.
One of the CEOs of Revolut, Nik Storonsky, who was born in Russia to a Ukrainian father and is now a British citizen, issued a personal statement on March 4 in which he expressed his own reaction to the war and informed customers of the actions taken by the bank to support the Ukrainian people.
The statement released on the Revolut website said:
“On Friday, we opened instant, fee-free donations to our customers in the UK, Lithuania, Ireland, Poland, Switzerland, Portugal, Austria, Bulgaria and Singapore. Our customers donated more than £1 million within 24 hours. Since then, we’ve added 17 more European countries to that list, with even more around the world to come. We also ensured that people who wanted to send money to banks in Ukraine could still do that, and we’ve waived the associated transfer fees.
“But Revolut can still do more. So today, in solidarity with the people of Ukraine, I am announcing that every donation made to the Red Cross Ukraine appeal will be matched by Revolut. For every pound or euro or złoty or franc donated by a Revolut customer to the appeal, Revolut will donate the same again, from today for the next 7 days, up to £1.5m.
“I hope that our commitment will help the victims of this war. I sincerely hope that a diplomatic solution can be found quickly, allowing peace to be restored to the region.
“And I can only hope that day will come very soon.”
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Originally from London, Tamsin is based in Malaga and is a local reporter for the Euro Weekly News covering Spanish and international news.
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