S. A. in Warsaw. Founded in 1929 for the purpose of serving Polish emigrants abroad in their financial transactions. the bank still operates in that capacity today but. in addition. also operates a delivery service for parcels en route from the United States. In 1973. the newest service of PEKAO. the transfer of currency and the issuance of PEKAO checks. became available. PEKAO service has been a boon to Americans of Polish extraction since the service enabled them to assist their relatives and friends in Poland to obtain the necessary means of maintaining their livelihood. without which their standard of living would be much lower than it is.
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emigrants