Locsin bares New York banks' attempts to corner Filipino dollar remittances

By Bernadette E. Tamayo

Jun 28, 2022 7:23 pm

SOME New York banks in the United States had tried to corner Filipino dollar remittances on the 'fake ground' that they can be a source of terrorist financing, Foreign Affairs Secretary Teodoro Locsin Jr. claimed.

He disclosed this on Tuesday during the International Day of Family Remittances which is a tribute to millions of hardworking and selfless migrant workers who have committed their lives to supporting loved ones back home.

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