US bank halts Somalia money transfers
Move by Sunrise angers many Somalis in US whose relatives back home depend on remittances for survival.
Published On 31 Dec 2011
A US bank has stopped processing money transfers to Somalia, angering many Somalis in the country whose relatives back home depend on remittances for their survival.
The decision by Sunrise comes as Washington clamps down on financial dealings which could fund what it calls “terrorist organisations” in the country.
Al Jazeera’s Stefanie Dekker reports.
Source: Al Jazeera