Home | News    Monday 15 September 2008

Sudan central bank says Western Union rules on money transfer no longer valid

separation
increase
decrease
separation
separation

September 14, 2008 (KHARTOUM) – The Sudanese central bank issued a policy memoranda instructing banks to void a rule made by Western Union corporation when making money transfers.

JPEG - 9.9 kb
Western Union

The pro-government Sudanese Media Center (SMC) reported that the rule relates to money transfers made to and from government civil servants.

Money transfers by individuals to Sudan through the US based company are subject to more scrutiny than other nations. The extra measures required by the US treasury aim to prevent the flow of money to individuals or companies subject to US sanctions.

Western Union rules prohibit payouts “to any persons, agents, private enterprises, charitable organizations or other establishments linked directly or indirectly in any connection whatsoever to any governmental authorities of Sudan (which term for this purpose includes any governmental agency or entity and the Central Bank of Sudan), or for or on behalf of the Government of Sudan”.

The Sudanese central bank said that it will suspend any financial institution that adheres to this rule. The report said that the measure was taken in response to complaints by government workers.

It was not possible to reach a Western Union official to comment on the report on Sunday.

The move by Sudan may constitute a violation of the sanctions imposed by Washington on the East African nation.

In May 2007 US President Bush signed an order enforcing sanctions against 31 Sudanese companies owned or controlled by Sudan’s government from the U.S. banking system. The sanctions also prevent three Sudanese individuals from doing business with U.S. companies or banks.

(ST)

Comments on the Sudan Tribune website must abide by the following rules. Contravention of these rules will lead to the user losing their Sudan Tribune account with immediate effect.

- No inciting violence
- No inappropriate or offensive language
- No racism, tribalism or sectarianism
- No inappropriate or derogatory remarks
- No deviation from the topic of the article
- No advertising, spamming or links
- No incomprehensible comments

Due to the unprecedented amount of racist and offensive language on the site, Sudan Tribune tries to vet all comments on the site.

There is now also a limit of 400 words per comment. If you want to express yourself in more detail than this allows, please e-mail your comment as an article to comment@sudantribune.com

Kind regards,

The Sudan Tribune editorial team.

Comment on this article


 
 

The following ads are provided by Google. SudanTribune has no authority on it.


Sudan Tribune

Promote your Page too

Latest Comments & Analysis


Invisible, Forgotten, and Suffering: Darfuri Refugees in Eastern Chad 2016-04-28 18:24:28 By Eric Reeves There are more than 20 million refugees worldwide—and half of them are children. Moreover, according to the UN High Commission for refugees, 86 percent of these refuges are in (...)

Return of Dr. Machar to Juba and next political move 2016-04-26 22:23:10 By James Okuk After exhausting the immature dramatic politicking about return of Dr. Riek Machar to Juba to take up his duties as the First Vice President of the Republic of South Sudan for 30 (...)

Darfur referendum results are nothing but foregone conclusion 2016-04-25 21:27:20 By Mahmoud A. Suleiman The News media owned by the ruling regime of the National Congress Party (NCP) are quoted as saying that the people of the Darfur in the region that doomed by civil wars (...)


MORE






Latest Press Releases


Open Letter to President Salva Kiir and 1st Vice President Dr. Riek Machar 2016-04-18 12:36:12 South Sudan Women United April 15, 2016 Your Excellencies: South Sudan Women United writes to congratulate you both on the steps you are taking towards ending violence in South Sudan and (...)

Report on a tour of the SPLM-N secretary-general in the Nuba Mountains 2016-04-02 07:11:03 Sudan Peoples’ Liberation Movement – North (SPLM-N) *** Nuba Mountains of South Kordofan March 30, 2016 · The SPLM-N is for peace, but the Addis Ababa Agreement will co-opt the opposition into the (...)

Sudan: Silencing women rights defenders 2016-03-31 20:22:15 Human Rights Watch Sudan: Silencing Women Rights Defenders Sexual Abuse, Intimidation by Security Forces (Nairobi, March 24, 2016) – Sudanese security forces have used sexual violence, (...)


MORE

Copyright © 2003-2016 SudanTribune - All rights reserved.