The Canadian financial services industry has joined the worldwide tsunami relief effort.

Canada’s big banks, in addition to donating a total of $790,000 themselves, are also accepting Red Cross donations at any of their branches.

Royal Bank announced Friday it would boost its initial donation of $100,000 to $250,000, offering to match money raised by its employees and customers.

“In light of reports that show the impact of the disaster is far greater than expected, we have decided to increase our support,” Royal Bank CEO Gord Nixon said.

TD Bank Financial Group also raised its initial donation of $75,000 to $250,000.

Manulife Financial, which has 5,000 employees in Indonesia, donated $200,000.

“We are committed to helping our people and their respective families overcome this tragedy and will do everything we can to provide them the necessities required at this time – such as food, water, medicine, shelter and clothing,” said Manulife Indonesia president John Harrison.