hello people, Is it safe to send money abroad through hawala system ? Obviously money is being sent of genuine reason, but because the indian banking system is so complicated when it comes to sending money abroad, I was wondering if Hawala could be used to do the same? Also, have you ever tried this system for sending money >?
As we all know very well that there are many Hawala traders in the market and also some of them are very popular which have their own websites so people can make contact at there.It is good idea for sending a payment through it but some time it is very risky.
Very good by using non official channels you will be financing the terrorists. Sending money abroad is not complicated. Go to your bank ask for Foreign Outward Remittance form, fill it up, give a declaration, sign a check from your account and you are done. I have sent upwards of $10K in a single payment without any problem.