Bank Fee Waiver Program for Holocaust Reparation Payments
The New York State Department of Financial Services is leading the effort to assist Holocaust survivors and their families obtain waivers for wire transfer or processing fees associated with Holocaust reparations payments.
Although a small number of banks agreed to waive these fees in the past, those account for less than 5% of New York State’s financial institutions. There is currently no reliable list of institutions that committed to waive these fees nor do victims know how to obtain the waiver.
Holocaust victims and their heirs seeking assistance obtaining a fee waiver from their financial institution should complete the form available here and submit it to the Holocaust Claims Processing Office (HCPO) at [email protected] or contact the HCPO at 1-800- 695-3318. The HCPO is a unit of the Consumer Protection and Financial Enforcement Division of the New York State Department of Financial Services.
As of December 24, 2021, the following financial institutions have agreed to waive fees for wire transfers related to Holocaust reparation payments.
| Bank Name |
|---|
| Alden State Bank |
| Alma Bank |
| Alpine Capital Bank |
| American Community Bank |
| Apple Bank for Savings |
| Banco Santander, S.A., New York Branch |
| Bank Hapoalim B.M. |
| Bank of Holland |
| Bank of India New York Branch |
| Bank of Taiwan New York Branch |
| Brown Brothers Harriman & Co. |
| Catskill Hudson Bank |
| Credit Industriel et Commercial, New York Branch |
| Credit Suisse AG New York Branch |
| Dime Community Bank |
| First Central Savings Bank |
| Goldman Sachs Bank |
| Global Bank |
| Habib American Bank |
| Hanover Community Bank |
| Israel Discount Bank of New York |
| Jeff Bank |
| M&T Bank |
| MashreqBank Psc. New York Branch |
| Mega International Commercial Bank Co., Ltd. New York |
| National Bank of Pakistan New York |
| NewBank |
| New York Community Bank |
| Norddeutsche Landesbank Girozentrale, New York Branch |
| Orange Bank & Trust Company |
| Pioneer Bank |
| Popular Bank |
| Rabobank |
| Ridgewood Savings Bank |
| Rondout Savings Bank |
| Sawyer Savings Bank |
| Shinhan Bank America |
| Shinhan Bank New York |
| Signature Bank |
| Solvay Bank |
| Spring Bank |
| Standard Chartered Bank, New York |
| Svenska Handelsbanken New York Branch |
| Taiwan Cooperative Bank New York Branch |
| The North Country Savings Bank |
| The Westchester Bank |
| Tompkins Community Bank |
| Ulster Savings Bank |
| Watertown Savings Bank |
| Woori America Bank |