WHAT IS HAWALA? HAWALA NETWORK

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  • minger
    Lv 4
    4 years ago

    Hawala Transaction

  • 4 years ago

    Hawala System

  • 5 years ago

    This Site Might Help You.

    RE:

    WHAT IS HAWALA? HAWALA NETWORK

    Source(s): hawala hawala network: https://biturl.im/hPe5g
  • 4 years ago

    It is an illegal means of Transfering Money between the people of Two countries. Suppose u want to transfer money to India from Dubai then you contact a hawala dealer agent in Dubai who will arrange to deliver the money in India in Indian Rupees through his agent in India and you pay the person at Dubai in Riyals. The middlemen earn commission income in these dealings. The normal channel of Bank is not involved here.

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  • Anonymous
    1 decade ago

    Transfer of money without documents. India me Shyam ko mera hawala de kar 10000/- le lena.

  • 1 decade ago

    hawala is unaccounted or transactions in name of person other than the actual beneficiary in foreign trade. the intermediaries involved in such dealings are hawala network.

  • 1 decade ago

    Hawala is the name given to incident in which the black money is traded for an illegal action.

  • 1 decade ago

    hawala . the money is going to the back side .becouse the network is other contry.or uae, soudia, pakistan, kubait,india,

    Source(s): no, the cradit card so is govermet the indian bank of india.
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