The right thing to do is the only thing to do.
An estimated 12,500 Holocaust
survivors and their families in Florida are being assessed an international
wire transfer fee, ranging from $10 to $40 a transaction. This transfer
fee amounts to a 10 percent tax on each payment the survivor receives,
and is a significant financial burden considering that vast majority
are elderly and rely on these payments. I am partnering with several
financial institutions in Florida to waive the wire transfer fee
on reparation payments.
I encourage you to explore this site's features which include a list of participating financial institutions in Florida, additional information and contact numbers regarding Holocaust restitution assistance, a generic fee waiver form for financial institutions, as well as the Holocaust Victims Assistance Legislation.
While nothing we do can ever fully repay those who suffered through this atrocity, anything we can do to keep money in their pockets is helpful.
If you are a Holocaust Survivor and your bank is not participating in the program, please contact us and we will reach out to your financial institution on your behalf.