Groups Ask Treasury Dep. to Ease Restrictions on Money Transfers to Somalia

May 21st 2014

Thousands of families across Somalia are under threat due to the recently announced closures of money transfer companies' bank accounts, international agencies Adeso and Oxfam warned today. 

The organizations called on the US Department of the Treasury and its regulatory agencies, whose regulations are responsible for the bank account closures, to ensure that Somali-Americans are able to send life sustaining money to their loved ones.

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