Bank notes being counted
Media playback is unsupported on your device

Barclays to close about 100 UK cash transfer business accounts

High street money transfer shops are under scrutiny after Barclays bank announced it was closing about 100 UK accounts held by cash transfer businesses, over fears they are being used for money laundering.

The businesses are vital especially for Somali expatriates sending money back home, where banking facilities have collapsed.

Charities suggest that Somali migrants in the UK may be sending as much as £100m ($152m) a year back to Somalia.

The BBC's international development correspondent Mark Doyle reports.

  • 17 Jul
  • From the section Africa
Go to next video: Somali money transfer concern