VIDEO: What Is A Hawala Transaction And How It Works?

Hawala means “Trust” in Arabic

Hawala, Hawala Trasaction, Money Laundering, Foreign Exchange Management Ac, FEMA, PMLA, Prevention Of Money Laundering Act

Hawala means “Trust” in Arabic. It is a form of financial transaction developed in India and later spread across Middle-East and Northern Africa.
Check out the video to know all about the hawala transactions. This form of transaction is used all over the world to transfer black money and terrorist funding, drug trafficking and other illegal activities

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