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MoneyGram International reduces fees to Haiti

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MINNEAPOLIS (AP) — MoneyGram International said Thursday it has reduced fees for money transfers sent to Haiti following a catastrophic earthquake.

Through Jan. 24, MoneyGram is offering a special pricing of $1 and similar pricing in foreign currencies for money transfers to Haiti from any of MoneyGram’s 186,000 locations throughout the world.

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.

MoneyGram has nearly 130 agent locations in Haiti.

Shares of MoneyGram rose 6 cents to $3.23 in midday trading.