Haitian banks risk being dropped by their correspondent US banks
PHOTO: Haiti - SOGEBANK Hinche
According to online Haitian newspaper, many US commercial banks have decided to cut ties with their correspondent banks in the Caribbean region due to stricter banking controls and the fear of heavy fines.
If a Haitian commercial bank loses a corresponding Bank of America, it will no longer be able to make transactions on the outside.
Read the full article, in French, from HPN...
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All Comments (2)
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