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In addition, Bank of America announced it will, at a customer’s request, waive associated foreign transaction fees for customers making a donation with a Bank of America debit or credit card to charitable organizations supporting Haitian relief efforts.

This follows an announcement made yesterday by Visa, Mastercard and American Express to waive fees to select charities providing relief.

“As news continues to pour in from Haiti, our customers and associates continue to ask how they can help the survivors of this tragedy,” said Anne Finucane, Global Strategy and Marketing Officer, Bank of America. “Bank of America is privileged to help by making it as easy as possible for customers who want to provide financial support.”

Earlier this week, the Bank of America Charitable Foundation announced a $1 million commitment to aid the victims of the earthquake in Haiti. The commitment includes a $500,000 grant to the American Red Cross for the Haitian Relief and Development Fund.

As relief efforts evolve in the coming weeks, the remaining $500,000 contribution will be directed towards the long-term recovery efforts to restore basic medical services and fund the rebuilding of homes, schools and other structures critical to the affected communities.

In addition, the Bank of America Charitable Foundation will match associate pledges through the bank’s Matching Gifts program and will not limit its overall relief donation.

SOURCE Bank of America