Banks block charity donations over terrorism funding fears

UK-registered charities in conflict zones losing finance and ability to fulfil humanitarian needs, warns Overseas Development Institute Millions of pounds of donations to charities have been inadvertently held up, blocked or returned by banks, over fears that the money could end up financing terrorism, a thinktank report warns. International banks, including HSBC, UBS and NatWest, have frozen accounts held by UK-registered charities and international non-governmental organisations delivering aid...