To help Nepal move from rescue and relief toward reconstruction, money-transfer companies and banks ought to waive fees on remittances sent to the country for at least two months. Doing so could provide additional relief totaling several times more than what a recent emergency appeal by the United Nations generated.
GENEVA—The flash floods that struck Nepal on August 26 claimed more than a thousand lives and destroyed livelihoods, homes, farms, and public infrastructure. With reconstruction and the economic recovery now underway, support for the survivors can travel fastest through payment networks and family ties—as is usually the case when disasters strike developing countries.
