4/24/2024
Today from Hiiraan Online:  _
advertisements
Mpls. City Council Member Aims to Help Somalis Send Money Back Home

Minneapolis Ward 6 City Council Member Abdi Warsame


By Morgan Wolfe
Thursday, February 12, 2015

advertisements
Minneapolis City Council member Abdi Warsame is taking on the initiative to help the Minneapolis Somali residents that are trying to send money back to relatives in Somalia.

The last American bank, Merchants Bank of California, announced that they would not be wiring the funds to Somalia anymore on Friday.

Warsame says that federal agencies should still continue to help the American Somalis get their money through to their families back home.

“It would be a mistake to allow the only regulated networks for sending money back to Somalia to absorb such a crippling blow,” Warsame said in a media release. “Unless emergency measures are taken, many families will be cut off from their only source of income.”

A council committee approved the measure Wednesday, and the full council will vote on Friday.

Merchant Bank is the last bank to follow the string that has cut off services since Wells Fargo ended the transfers nearly a decade ago.


 





Click here