GFRID 2018 Official Report

Report
This report presents the highlights and key outcomes of the first country-led Global Forum on Remittances, Investment and Development, hosted

World Bank Surveys Confirm Concerns over Reduced Access to Banking Services

Two World Bank surveys confirm that large global banks are restricting or terminating relationships with other financial institutions and that banking services for money-transfer operators have become increasingly limited.
The surveys, carried out from April to October 2015, sought to gauge whether large banks are limiting or terminating foreign correspondent banking relationships and closing accounts belonging to money transfer operators.

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