hawala

• Sistema informal de transferência de dinheiro através de fronteiras baseado na confiança e em redes de intermediários, sem movimentação física de fundos nem registros bancários oficiais. Também se refere ao próprio mecanismo ou transação desse sistema.

A noun referring to an informal and trust-based system for transferring money across borders without physical movement or formal banking records.

incontável

1. Informal money transfer systemC1formal

   A traditional, trust-based system for transferring money across borders without physical movement of cash or formal banking records.

   Sistema informal de transferência de dinheiro

   • Hawala is widely used in parts of South Asia and the Middle East.
   • The transaction was completed through a hawala network without any paper trail.
   • Authorities are investigating the use of hawala for illegal transfers.