ECNL has shared a list of good practices regarding civil society challenges referring to access of financial services worldwide. These challenges affect the three basic stages of the relationship between banks and CSOs: onboarding CSOs as clients (difficulty opening a bank account, extensive and burdensome due diligence); transaction monitoring and suspending/freezing accounts and transactions; as well as termination (ending of the relationship without prior notice or justification). Read more here.
Source: ECNL
