Virtual Banking Beyond Borders

As families are forced to flee persecution around the world, they have little time to grab limited cash and valuables before leaving their homes. During the long and dangerous journey, refugees face peril at every step. Violence, theft, and natural disasters claim family fortunes and diminish hope. Outside of forfeiting value, carrying cash is often the only option. On top of being inconvenient and expensive to exchange across borders, this exposes families to additional risk.

For the 68.5 million forcibly displaced people in the world today and the 100 million people who could become refugees tomorrow, access to financial services is crucial. Personal savings and access to friends and family willing to help is often the only lifeline in a traumatic time. Knowing money is safe and accessible across borders leads to financial security, peace of mind, and a greater chance of success in a new country.