Barclays urged to revert remittance block

Financial lifeline for poor around the world under threat as UK bank plans to stop cash transfers.

    Somalia receives around $160m a year from the UK's Somali community, but now those transfers are in danger of being cut off.

    Barclays Bank has announced it will stop providing services to money transfer companies by the end of September in a move to prevent money laundering.

    Al Jazeera's Paul Brennan reports from London.

    SOURCE: Al Jazeera


    YOU MIGHT ALSO LIKE

    Double standards: 'Why aren't we all with Somalia?'

    Double standards: 'Why aren't we all with Somalia?'

    Almost 300 people died in Mogadishu but some are asking why there was less news coverage and sympathy on social media.

    How Moscow lost Riyadh in 1938

    How Moscow lost Riyadh in 1938

    Russian-Saudi relations could be very different today, if Stalin hadn't killed the Soviet ambassador to Saudi Arabia.

    Kobe Steel: A scandal made in Japan

    Kobe Steel: A scandal made in Japan

    Japan's third-largest steelmaker has admitted it faked data on parts used in cars, planes and trains.