Bitcoin Forum

Bitcoin => Press => Topic started by: Inedible on June 27, 2013, 06:40:48 PM



Title: Barclays to suspend accounts to money transfer companies to/from Somalia
Post by: Inedible on June 27, 2013, 06:40:48 PM
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


Title: Re: Barclays to suspend accounts to money transfer companies to/from Somalia
Post by: Remember remember the 5th of November on June 27, 2013, 06:42:38 PM
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.

http://t2.gstatic.com/images?q=tbn:ANd9GcTBxxlmSoOH6ZK-tf1391_JRd2ojcCK8be6vAHyifwghiRVr9-H


Title: Re: Barclays to suspend accounts to money transfer companies to/from Somalia
Post by: crumbs on June 27, 2013, 06:43:02 PM
http://kexx.net/u/img804.png


Title: Re: Barclays to suspend accounts to money transfer companies to/from Somalia
Post by: Inedible on June 27, 2013, 06:43:51 PM
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.

http://t2.gstatic.com/images?q=tbn:ANd9GcTBxxlmSoOH6ZK-tf1391_JRd2ojcCK8be6vAHyifwghiRVr9-H

I've just updated the main post.