Critiques of the Hawala System
Definition: (hə-wäˈlə; Arabic: حوالة meaning transfe) The modern informal transfer system allows customers to deposit cash in one country and expect a sum of similar value to reach a specified destination within 48 hours, usually 24, no matter how remote the location Source: Nashville Public Television
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Reports and Sources Global Development Research Center (GDRC): The Hawala System
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