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Topic: Barclays to suspend accounts to money transfer companies to/from Somalia (Read 4170 times)

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What doesn't kill you only makes you sicker!
Is there some link or something to the said article?

Also, this reminds me of this poster I saw a while ago. And no, no disrespect was meant or any racism in mind.



I've just updated the main post.
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legendary
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Reverse engineer from time to time
Is there some link or something to the said article?

Also, this reminds me of this poster I saw a while ago. And no, no disrespect was meant or any racism in mind.

hero member
Activity: 700
Merit: 500
What doesn't kill you only makes you sicker!
Barclays bank is to close down it's currency account with Dahabshiil, one of Somalia's biggest money transfer companies.

Other banks have already shut down facilities to Somalia.

This sounds like it would be a great way to get Bitcoin adoption...


...if only there were a Somalian exchange denominated in Somalian Shillings.


Edit: Additional information:

Quote
British-Somalis send up to £100m every year and for their relatives back home...

Source: http://www.channel4.com/news/somali-families-lifeline-under-threat
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