Definition of hawala in English:

hawala

noun haˈwɑːləhəˈwälə

mass noun

A traditional system of transferring money used in Arab countries and South Asia, whereby the money is paid to an agent who then instructs an associate in the relevant country or area to pay the final recipient.
哈瓦拉（阿拉伯国家和印度次大陆的一种传统汇兑体系，由经手人收款后指定相关国家或地区的合伙人向收款人付款）
Example sentencesExamples
- In the hawala system, which requires complete trust, a money broker collects funds at one end of the operation in a country, while another broker in another country, often from the same clan, distributes the funds at the other end.
- U.S. aid and a crackdown on invisible hawala money transfers lifted Pakistan's economy.
- Many schemes - including the hawala money-transfer networks in South Asia and the Mideast - use unrelated accounts in different countries, making them hard to shut down.
- Money laundering in the Indian Ocean basin relies upon a traditional alternative banking system known as hawala or hundi, which makes it difficult to trace money transfers.
- To move large sums of money, they can avoid the banking system by using hawala money movers or couriers.

Origin

From Arabic ḥawāla, literally 'assignment, bill of exchange'.

Definition of hawala in US English:

hawala

nounhəˈwälə

A system or agency for transferring money traditionally used in the Muslim world, whereby the money is paid to an agent who then instructs a remote associate to pay the final recipient.
哈瓦拉（阿拉伯国家和印度次大陆的一种传统汇兑体系，由经手人收款后指定相关国家或地区的合伙人向收款人付款）
Example sentencesExamples
- Money laundering in the Indian Ocean basin relies upon a traditional alternative banking system known as hawala or hundi, which makes it difficult to trace money transfers.
- Many schemes - including the hawala money-transfer networks in South Asia and the Mideast - use unrelated accounts in different countries, making them hard to shut down.
- To move large sums of money, they can avoid the banking system by using hawala money movers or couriers.
- In the hawala system, which requires complete trust, a money broker collects funds at one end of the operation in a country, while another broker in another country, often from the same clan, distributes the funds at the other end.
- U.S. aid and a crackdown on invisible hawala money transfers lifted Pakistan's economy.

Origin

From Arabic ḥawāla, literally ‘assignment, bill of exchange’.

单词	hawala
释义	Definition of hawala in English: hawala noun haˈwɑːləhəˈwälə mass noun A traditional system of transferring money used in Arab countries and South Asia, whereby the money is paid to an agent who then instructs an associate in the relevant country or area to pay the final recipient. 哈瓦拉（阿拉伯国家和印度次大陆的一种传统汇兑体系，由经手人收款后指定相关国家或地区的合伙人向收款人付款） Example sentencesExamples In the hawala system, which requires complete trust, a money broker collects funds at one end of the operation in a country, while another broker in another country, often from the same clan, distributes the funds at the other end. U.S. aid and a crackdown on invisible hawala money transfers lifted Pakistan's economy. Many schemes - including the hawala money-transfer networks in South Asia and the Mideast - use unrelated accounts in different countries, making them hard to shut down. Money laundering in the Indian Ocean basin relies upon a traditional alternative banking system known as hawala or hundi, which makes it difficult to trace money transfers. To move large sums of money, they can avoid the banking system by using hawala money movers or couriers. Origin From Arabic ḥawāla, literally 'assignment, bill of exchange'. Definition of hawala in US English: hawala nounhəˈwälə A system or agency for transferring money traditionally used in the Muslim world, whereby the money is paid to an agent who then instructs a remote associate to pay the final recipient. 哈瓦拉（阿拉伯国家和印度次大陆的一种传统汇兑体系，由经手人收款后指定相关国家或地区的合伙人向收款人付款） Example sentencesExamples Money laundering in the Indian Ocean basin relies upon a traditional alternative banking system known as hawala or hundi, which makes it difficult to trace money transfers. Many schemes - including the hawala money-transfer networks in South Asia and the Mideast - use unrelated accounts in different countries, making them hard to shut down. To move large sums of money, they can avoid the banking system by using hawala money movers or couriers. In the hawala system, which requires complete trust, a money broker collects funds at one end of the operation in a country, while another broker in another country, often from the same clan, distributes the funds at the other end. U.S. aid and a crackdown on invisible hawala money transfers lifted Pakistan's economy. Origin From Arabic ḥawāla, literally ‘assignment, bill of exchange’.
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