British bank to close accounts of embassies, nunciature
Catholic World News - August 06, 2013
England’s largest bank, HSBC, has announced that it is closing the accounts of 40 foreign embassies and consulates, including the Vatican’s apostolic nuncio.
HSBC, which has faced stiff fines for failing to meet new standards to combat money-laundering, said that the embassies’ accounts are a money-laundering risk.
An appeal from our founder, Dr. Jeffrey Mirus:
Dear reader: If you found the information on this page helpful in your pursuit of a better Catholic life, please support our work with a donation. Your donation will help us reach seven million Truth-seeking readers worldwide this year. Thank you!
Progress toward our January expenses ($13,351 to go):
All comments are moderated. To lighten our editing burden, only current donors are allowed to Sound Off. If you are a donor, log in to see the comment form; otherwise please support our work, and Sound Off!