Monday, January 20, 2014

Somali Remittance Update

Africa Research Institute (ARI) published on 17 January 2014 a piece titled "Somali Money Matters -- An Update on the Remittances Saga" by Edward Paice, director of the ARI.  This article provides an update on the announcement by Barclays last year that it intended to close the bank accounts of all but 19 of its 165 clients in the remittance transfer business.