The decision by Barclays Bank to close accounts held by genuine businesses which run a Somali Money Transfer scheme will have a huge impact on the most vulnerable. The finance sector has collapsed in Somalia and… The decision by Barclays Bank to close accounts held by genuine businesses which run a Somali Money Transfer scheme […]
THE CLOCK IS TICKING FOR SOMALIS’ REMITTANCE LIFELINE Read More »
Financial remittance provides millions of people around the world, particularly in the Global South, with a lifeline. However, Barclays Bank’s sudden decision to close genuine accounts held by money transfer businesses has jeopardized this. The impact will be particularly felt in Somalia, where the finance sector has collapsed and people rely on these businesses. World
BARCLEYS SAYS NO TO REMITTANCE ‘LIFELINE’ Read More »
To have a family member in need is distressing enough. When they are thousands of miles away it’s even worse. When a company removes the vital economic lifeline with which you can help them, it is a tragedy.This is what’s happening to people in Somalia right now. Next week, Barclays Bank will stop a vital
SOMALI REMITTANCES: IT’S ABOUT JUSTICE, NOT CHARITY Read More »
