Somalis rally on Downing Street over money transfer closures
Campaigners pressing Barclays to keep open cash transfer businesses to poorer countries have presented a petition to Downing Street signed by 25,500 people, including Olympic gold winner Mo Farah.
It's the last major bank dealing with a large number of remittance firms but fears involvement could leave it open to accusations of aiding terrorists and money laundering.
Somalia – which has no banking system – will be most affected.
Barclays says it recognises some money service businesses don’t have the right checks in place to spot criminal activity, but it’s happy to serve companies that have sufficiently strong anti-financial crime controls.
Rushanara Ali, Labour MP and shadow minister for International Development, led the campaign...as ³ÉÈË¿ìÊÖ local communities reporter Colleen Harris reports
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