Somalia: Somalis Asks British Bank Not to Cut Off Funds

Somalia's money transfer businesses appealed on Monday for the last major British bank they work with not to close its accounts, warning this would cut lifeline services for the war-torn nation.

With their country ravaged by decades of conflict and without a formal banking system, many Diaspora Somalis depend on money transfer services to send millions of dollars annually to support family in the impoverished country.

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