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Vital cash transfers to Haiti slow to trickle

5 years ago January 20, 2010 Jan 20, 2010 Wednesday, January 20 2010 Wednesday, January 20, 2010 6:55:00 AM CST in News
Source: Associated Press

Cash transfers worth nearly $1.9 billion each year to Haitians from relatives living in the U.S. and elsewhere have slowed to a trickle because of earthquake damage.

Money transfer firms said their businesses are now operating on a limited basis in Haiti, mostly outside of the heavily damaged capital of Port-au-Prince.

Haiti's banks have been closed since last week's earthquake, leaving people with few options for obtaining much-needed cash.

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