Minnesota House bill may ease Somali remittance program worries
Bipartisan federal legislation aimed at easing roadblocks for Somali-Americans in Minnesota trying to transfer money to relatives in East Africa is on its way to the U.S. Senate.
Those transfers, known as remittances, help form the backbone of the economy in Somalia. But over the last decade, many American banks quit working with Somali money transfer operators over fears of breaking anti-terrorism laws.
Are you a newspaper subscriber but you don't have a Digital Access account yet? https://secure.forumcomm.com/?publisher_ID=40&event=subscriber/lookup.
You will need your subscription account number and phone number. Not sure if you have an account? Email us at email@example.com and we can help you.