What Is Hawala? Money Transfer Without Money Movement

Hawala is a way to send money informally without the movement of actual currency. Read how hawala works, where it is illegal, and how governments regulate it.

Legal Banda - HAWALA is a method of transferring money

Sanctioned oligarchs' use of the Hawala payment system is a desperate move but not necessarily illegal, experts say

The Flow of Money in typical IVT systems.

Following the Migrant Money Trail - WSJ

Hawala : money-transfer without banks

Legal Banda - HAWALA is a method of transferring money

REMITTANCES High Banking Fees Drive Up Remittance Alternatives Such as Hawala in Kenya – BitKE

The Economics of Counterterrorism - Spring 2008 - MIT International Review

PDF] The Malarkey of Money Transfers: Overlooking E-Bay whilst the Hawaladars are Hunted

The Hawala system

International Money Transfer Services: Lean and Hungry - SaveOnSend Blog

What are Hawala transactions and how do they work?