IMPACT – Your Support in Ac�on –
Financial Freedom
Taking Back Control
For most people, opening a bank account is as simple as going online or making an appointment at the nearest branch. But for a person without government identification or a permanent address, doing so may be impossible. That’s the situation many survivors face when they escape human trafficking. With a new financial access project, we hope to change that.
After signing on to take part in the pilot project, Maxwell began by putting together a consultation group of more than 20 survivors. Those consultations were revealing. One survivor shared that she’d never learned how to use an ATM …
“There are some key barriers that make it difficult for survivors to re-engage in financial services, which puts them at risk for being trafficked again.” – Larissa Maxwell, The Salvation Army, Director of AntiHuman Trafficking Programs
Maxwell was moved by the hopes and dreams they shared. “One survivor said that her biggest goal was to save for her children’s education—children she had lost custody of because she was trafficked,” Maxwell notes. “Survivors’ financial goals are similar to other people’s goals, except many of them face quite a few barriers to reach them.” That list of barriers can be long – when they escape their traffickers, survivors usually do not have proper identification or a permanent address to give a financial institution. They often have debts—typically racked up by their trafficker—and some have a criminal record.
Supporting Survivors In 2016 worldwide, more than 40 million men, women and children were trapped in modern slavery and Canada is not immune. “We serve up to 700 survivors every year,” says Larissa Maxwell, Director of Anti-Human Trafficking Programs, The Salvation Army B.C. Division, “we’re the largest service provider in Canada, in terms of supporting survivors of human trafficking.” With that cross-country reach and expertise in the field our Anti-Human Trafficking program was approached to take part in the Financial Access Project (FAP), an initiative of the United Nations’ Financial Sector Commission on Modern Slavery and Human Trafficking.
“She was given a card but didn’t know how to withdraw money.”
Best Practices Once barriers were identified, we partnered with Scotiabank to begin eliminating some of them. Scotiabank was able to develop different methods that would allow survivors with identification constraints to open accounts. “We also provided financial literacy as part of the onboarding experience,” notes Gilberto Cedolia, Scotiabank, Office of Financial Crimes Risk
salvationarmy.ca | Summer 2020