Tag: Money Transfer

  • U.S. Bank Shuts Down Money Wiring Service to Somalia

    By Maureen Cavanaugh and Patty Lane Abdulmalik Buul in Somalia | Photo courtesy of KPBS Franklin Bank was the only U.S. bank that still facilitated money-wire transfers to Somalia – until now. The bank is shutting down the service. Franklin says continuing the transfers was too risky; there’s a fear that the bank could be…