Barclays urged to revert remittance block
Financial lifeline for poor around the world under threat as UK bank plans to stop cash transfers.
Published On 7 Aug 2013
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