somsa.co.uk
News & Press - SOMSA
http://www.somsa.co.uk/news-press
Lifeline to the Somali people. News & Press. Sign up for email updates. 183 Seven Sisters Road. M: 44 7501 212 890. E: coordinator@somsa.co.uk. News & Press. Barclays says no to remittance ‘lifeline’. Financial remittance provides millions of people around the world, particularly in the Global South, with a lifeline. However, Barclays Bank’s sudden decision to close genuine accounts held by money transfer businesses has jeopardized this. The impact will…. SOMSA Press Release 30/09/2013. In light of recen...
somsa.co.uk
The clock is ticking for Somalis’ remittance lifeline - SOMSA
http://www.somsa.co.uk/the-clock-is-ticking-for-somalis-remittance-lifeline
Lifeline to the Somali people. News & Press. Sign up for email updates. 183 Seven Sisters Road. M: 44 7501 212 890. E: coordinator@somsa.co.uk. The clock is ticking for Somalis’ remittance lifeline. So why take away funding that people rely on in order to survive? Why is Barclays closing accounts that are the conduit for much-needed funds, relied upon by the underprivileged? Is it a case of taking from the poor to give to the rich? There is now great urgency to save and protect millions of vulnerable Som...
somsa.co.uk
Participate - SOMSA
http://www.somsa.co.uk/participate
Lifeline to the Somali people. News & Press. Sign up for email updates. 183 Seven Sisters Road. M: 44 7501 212 890. E: coordinator@somsa.co.uk. We are currently engaged in a widespread request for the UK Government to work with British banks to find a durable solution to the recent decision of Barclays to close its accounts with Somali Money Service Businesses (MSBs). Some have already been closed. Others are facing closure and an uncertain future. Barclays says no to remittance ‘lifeline’. The decision ...
somsa.co.uk
Barclays says no to remittance ‘lifeline’ - SOMSA
http://www.somsa.co.uk/barclays-says-no-to-remittance-lifeline
Lifeline to the Somali people. News & Press. Sign up for email updates. 183 Seven Sisters Road. M: 44 7501 212 890. E: coordinator@somsa.co.uk. Barclays says no to remittance ‘lifeline’. The true scope of remittances (official and unofficial) can never be known, but according to a UN Conference on Trade And Development (2012) report. The ‘value of remittances began to accelerate markedly, nearly doubling between 1990 and 2000, and then tripling once again in the following decade, touching $489 billion in...
somsa.co.uk
Somali remittances: It’s about justice, not charity - SOMSA
http://www.somsa.co.uk/somali-remittances-its-about-justice-not-charity
Lifeline to the Somali people. News & Press. Sign up for email updates. 183 Seven Sisters Road. M: 44 7501 212 890. E: coordinator@somsa.co.uk. Somali remittances: It’s about justice, not charity. To have a family member in need is distressing enough. When they are thousands of miles away it’s even worse. When a company removes the vital economic lifeline with which you can help them, it is a tragedy. My Change.org petition calling on Barclays to reconsider. Leave a Reply Cancel reply. You may use these.
somsa.co.uk
About Us - SOMSA
http://www.somsa.co.uk/about-us
Lifeline to the Somali people. News & Press. Sign up for email updates. 183 Seven Sisters Road. M: 44 7501 212 890. E: coordinator@somsa.co.uk. The Somali Money Services Association (SOMSA) is a professional trade association representing the Somali Money Services Businesses (MSBs) serving communities and corporate clients throughout the UK. SOMSA’s activities on behalf of its members include. Central focal point for liaising with regulators, banks, and other associations. To have a family member in need...
somsa.co.uk
Resources - SOMSA
http://www.somsa.co.uk/resources
Lifeline to the Somali people. News & Press. Sign up for email updates. 183 Seven Sisters Road. M: 44 7501 212 890. E: coordinator@somsa.co.uk. Barclays says no to remittance ‘lifeline’. Financial remittance provides millions of people around the world, particularly in the Global South, with a lifeline. However, Barclays Bank’s sudden decision to close genuine accounts held by money transfer businesses has jeopardized this. The impact will…. The clock is ticking for Somalis’ remittance lifeline.
somsa.co.uk
Members - SOMSA
http://www.somsa.co.uk/members
Lifeline to the Somali people. News & Press. Sign up for email updates. 183 Seven Sisters Road. M: 44 7501 212 890. E: coordinator@somsa.co.uk. Barclays says no to remittance ‘lifeline’. Financial remittance provides millions of people around the world, particularly in the Global South, with a lifeline. However, Barclays Bank’s sudden decision to close genuine accounts held by money transfer businesses has jeopardized this. The impact will…. The clock is ticking for Somalis’ remittance lifeline. Today is...
somsa.co.uk
SOMSA Press Release 30/09/2013 - SOMSA
http://www.somsa.co.uk/somsa-press-release-30092013
Lifeline to the Somali people. News & Press. Sign up for email updates. 183 Seven Sisters Road. M: 44 7501 212 890. E: coordinator@somsa.co.uk. SOMSA Press Release 30/09/2013. Today is the deadline for Barclays to close the bank accounts of the remaining four large Somali. Money transfer businesses. Despite suggestions to the contrary, none of our SOMSA members have. Been able to secure equivalent alternative banking arrangements ahead of the deadline today. Authorization from the Financial Conduct Autho...
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