Court Grants Reprieve for Somali Money Transfers

A London court has ordered Barclays to allow the Dahabshiil money transfer firm to continue operations, giving a reprieve to most Somalis who depend on the service for aid and remittances from loved ones abroad.
  • Somalia:   Reprieve for Somali Remittance Firm

    UNIRIN, 5 November 2013

    The British-Somali money transfer company Dahabshiil Holdings Ltd has won a further stay of execution in its legal battle to stop Barclays Bank from closing its account, a move… Read more »

Protesters outside a Barclays branch called for the bank to reverse its closure of an account held by Dahabshiil, the biggest company remitting money from the UK to Somalia.

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