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But it's illegal... in most countries hawala is illegal, and prosecuted under various money laundering laws.
by jalayir 12y ago
But it's illegal... in most countries hawala is illegal, and prosecuted under various money laundering laws.
- xtrumanx 12y agoThat's most definitely not true. I know a hawala company that has offices in several western nations like the U.K. and Australia and they're not operating illegally to my knowledge. They essentially work like Western Union and simply operate in markets Western Union does not serve.
- ptaipale 12y agoMight still be illegal in Uganda. Enforcement of bans or regulation can be erratic of course. (Hawala is apparently completely illegal in India and Pakistan).