Hawala banking synonyms, Hawala banking antonyms - FreeThesaurus.com
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an underground banking system based on trust whereby money can be made available internationally without actually moving it or leaving a record of the transaction
References in periodicals archive
But there is a clear distinction between the small amount of hawala banking
done by Basra and the vast sums of 'dirty money' he laundered.
Indian gangsters find Jumeirah Beach more agreeable than prison in Bombay or Bangalore, while others from the Sub-continent do a roaring trade in informal hawala banking
, for which Dubai is the world capital.