Phap: Learning Sessions And Webinars

Over the last few years the issue of “bank de-risking” has increasingly impacted the ability of humanitarian NGOs to safely and effectively transfer funds to programmes where people are most in need. While bank de-risking can affect the operations of any type of organization, humanitarian organizations are particularly affected due to the nature of their work and the contexts in which they operate.Often related to compliance with counter-terrorism measures, bank de-risking measures by financial institutions manifest themselves to humanitarian organizations in the form of refused transactions, closed accounts, or other restrictions. While bank de-risking issues for humanitarian organizations have to a large degree concerned money transfers to operations in fragile countries, there are more and more examples of humanitarian organisations facing difficulties transferring funds even at the headquarters level. Humanitarian organisations have to resort to transferring money in risky ways in order to preserve progra