A small group took to the windy, cold streets of Downtown New Westminster during the noon hour Tuesday to protest fees charged by Western Union and financial institutions for sending money overseas.
ACORN Canada spokeswoman Nancy Anemba led about eight people in a rally in front of the Scotiabank at Columbia and Begbie streets. They want the bank to put pressure on Western Union to reduce remittance fees charged to those wiring money back home to five per cent. Acorn says most of its clients have low-income jobs and send on average only $150 at a time. That often means the fees accumulate to 18 per cent or more for the sender.
Like many other immigrants and refugees in New Westminster, Anemba said she has been sending money to family in Nairobi, Kenya ever since arriving in Canada a little over five years ago. Most of the money she wired went to her daughter until she joined Anemba here five months ago. Now it goes to her parents. Western Union provides the money-sending service through banks, payday loan outlets and convenience stores.