Israeli banks halt cash transfers from Palestinian banks in West Bank, potentially limiting access to essential goods and services.

Israeli banks reportedly halt cash transfers from Palestinian banks in West Bank, potentially limiting Palestinians' access to essential goods and services. This move comes amidst escalating violence and a financial crisis in the region. Israeli Finance Minister Bezalel Smotrich had previously extended a waiver allowing cooperation between banks. Palestinian officials claim this decision will prevent Palestinians from paying for essential items through official banking channels.

August 21, 2024
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