UK bank poised to pull plug on Somali remittance service, putting financial lifeline at risk
LONDON – A British bank could soon be cutting a financial lifeline for millions of Somalis. Barclays is poised to sever its ties to Dahabshiil, one of the Somali expatriate community’s biggest money transfer services, as part of a larger reorganization of its business. Barring a successful last-minute court challenge, experts say the move will…
