Sunday, February 15, 2015

US Banks Cut Off Cash Transfers to Somalia

The Washington Post published on 14 February 2015 an article titled "U.S. Banks Cut Off Cash Transfers to Somalia Amid Terrorism Concerns" by Pamela Constable.  The article explains the hardships caused for friends and relatives in Somalia dependent on cash transfers from the United States after U.S. banks decided to end the transfer service for fear of running afoul of U.S. counterterrorism regulations.

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