Banks Block Charity Donations Over Terrorism Funding Fears

Millions of pounds of donations to charities have been inadvertently held up, blocked or returned by banks, over fears that the money could end up financing terrorism, a think tank report warns. International banks, including HSBC, UBS and NatWest, have frozen accounts held by U.K.-registered charities and international non-governmental organizations delivering aid in areas such as Syria, Gaza and Iraq.