Haitian banks risk being dropped by their correspondent US banks

Bad News from the Haitian Banking sector -- Haitian banks are at risk of losing their correspondent US banks with the new measures taken by the US government to combat money laundering and terrorism, Haiti Press Networks reports...

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...

What do you think about that?

Reply with your comments

Filed under: Banking in Haiti, Banks in Haiti, Haitian Newsletter Articles, News, Business

Reply to this article  (2)

Return to Articles List

Comments...

Patrick Princivil Ban-n égaré! Nou rélé sa mové nouvèl paské nou avèg, oswa nap dòmi, sé sak fè nou pa konpran... see more
Reply · July 20 at 2:08 PM
Philemon Sou Facebook Sa ap yon gwo pwoblèm pou haitien kap travay di pour ede fanmi yo an Haiti<p>RE: Haitian banks risk being dropped by their... see more
Reply · July 20 at 1:50 PM

Messages and comments from our readers...

Avec tous vos aliments, etes vous en sante? When walking or running the steps start on the toes...

Avec tous vos aliments, etes vous en sante? :: When walking or running the steps start on the toes. Il faut marcher et courire comme en montant ou en descendant l'escalier. Avec tous vos...

Are you into a very difficult relationship right now...

Lost love spells caster bring back lost lover witch craft spells :: Are you into a very difficult relationship right now and are feeling that the whole world is crushing down on you? You feel brokenhearted, but want...

I am one of the missionaries that has a caged truck, We are not in Haiti to offend people. I am one of the missionaries that has a caged truck...

I am one of the missionaries that has a caged truck, We are not in Haiti to offend people. :: I am one of the missionaries that has a caged truck. We bring mission teams to the mountains to work in our cooperative and since there are no roads...

Haitian Photo Stories...

Haitian man offended by White Missionaries driving around in Haitian man offended by White Missionaries driving around in "Cage Trucks"

Often times in Haiti you see foreign missionaries riding around in a cage truck... One Haitian many finds in offensive and complains on his Twitter...

PHOTO: Haiti Transport Bus with Tonton Bicha Portrait on the Back PHOTO: Haiti Transport Bus with Tonton Bicha Portrait on the Back

Look at this photo... a Haiti transportation bus with a portrait of Haitian actor and comedian Tonton Bicha on the Back of it. Almost every...

Best Managed WordPress Hosting - Start your Own Wordpress Blog Best Managed WordPress Hosting - Start your Own Wordpress Blog

Create your own dynamic Wordpress blog site. We manage your setup, backups and security. Click on: Managed WordPress We start you out with the...

Leave a Reply

Name (required)

E-mail (required, will not be published)

Subject: Haitian banks risk being dropped by their correspondent US banks edit

» »