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Author Topic: Barclays to suspend accounts to money transfer companies to/from Somalia  (Read 4149 times)
Inedible (OP)
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June 27, 2013, 06:40:48 PM
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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

If this post was useful, interesting or entertaining, then you've misunderstood.
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June 27, 2013, 06:42:38 PM
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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.


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June 27, 2013, 06:43:02 PM
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June 27, 2013, 06:43:51 PM
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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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