close
    1. Home
      2. ›
    2. Computers & Internet
      3. ›
    3. what is xawala
    what is xawala

    what is hawal plz tel me

    Answer this
    0  Views: 2569 Answers: 1 Posted: 13 years ago
    Tags: how
    Comment this question

      1 Answer

      Hawala (Arabic: meaning transfer), also known as hundi, is an informal value transfer system based on the performance and honour of a huge network of money brokers, which are primarily located in the Middle East, North Africa, the Horn of Africa, and the Indian subcontinent. It is basically a parallel or alternative remittance system that exists or operates outside of, or parallel to traditional banking or financial channels.


      Read more :http://en.wikipedia.org/wiki/Hawala

      13 years ago. Rating: 3
      Comment this answer



        Did this answer your question? If not, then ask a new question.

        Top contributors in Computers & Internet category

         
        Colleen
        Answers: 1625 / Questions: 0
        Karma: 25215
         
        ROMOS
        Answers: 353 / Questions: 0
        Karma: 17250
         
        Deleted User
        Answers: 155 / Questions: 0
        Karma: 3555
         
        country bumpkin
        Answers: 50 / Questions: 0
        Karma: 3000
        > Top contributors chart
        574731
        questions
        780732
        answers
        943824
        users