Humanitarian groups urge banks to ease remittances to Somalia

Mogadishu(KON)-Humanitarian groups are urging more banks to take on accounts with money-transfer companies that send cash to Somalia.
News Keydmedia Online

A recent report illustrates the fragile relationship between the remittance companies and banks that make the money transfers possible.


Scott Paul, a spokesman for the global antipoverty group Oxfam America, said that tighter regulations after the 9/11 terrorist attacks have caused even small banks to refuse to work with Somali remitters.


"One by one, they

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