Crossword-Solution: HAWALA
We have 1 clue for the answer “HAWALA”
| Clue | Answers |
|---|---|
| Informal banking system | 1 answer |
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Dermatological complaint
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Hint 1 meaning
An inflammatory disease of the skin, characterized by the
presence of redness and itching, an eruption of small vesicles, and the
discharge of a watery exudation, which often dries up, leaving the skin
covered with crusts; -- called also tetter, milk crust, and salt rheum.
Hint 2 anagram
AMCEEZ
Hint 3 another clue
eruption
8 +1
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Sentences with HAWALA (5)
The Treasury Department established Operation Green Quest, an investigative team charged with monitoring charities, NGO's, credit card fraud, cash smuggling, counterfeiting, and the Hawala networks.
Pakistan initiated a "loyalty scheme", awarding expatriates who prefer official bank channels to the much maligned (but cheaper and more efficient) Hawala, with extra baggage allowance and special treatment in airports.
Actually, the only allowed transfer or trading of debts (as distinct from the underlying commodities or goods) is under the Hawala.
Hawala arrangements are used to avoid customs duties, consumption taxes, and other trade-related levies.
Suppliers provide importers with lower prices on their invoices, and get paid the difference via Hawala.
Where this answer appears
Appears in: Boston Globe.
Used 1 time in crossword archives (2009).