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There was tons of collateral damage in that war. It's a huge pain to transfer funds overseas and is a major impediment to opening up offices in other countries.
by temphn 15y ago
There was tons of collateral damage in that war. It's a huge pain to transfer funds overseas and is a major impediment to opening up offices in other countries. Many banks won't even deal with the hassle if you're an American with a small company or below a certain net worth.
I guess some of the people doing anonymous banking or with offshore funds were indeed terrorists. But most of the "financial war on terror" is about terrorizing payment processors and banks, not actual terrorists.