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.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

No Filipino hurt in latest Houthi attack in Red Sea – DFA

Robredo files CoC for mayor of Naga; incumbent Legacion to run for House seat

Arroyo files CoC for 8th non-consecutive term in House

Heavy traffic expected around PH Arena for Olivia Rodrigo concert

Govt to go 'all out' in prosecuting Alice Guo after passport cancellation

ITCZ, easterlies to bring rains, thunderstorms to parts of PH -- Pagasa

Enrile, 2 others cleared of plunder