Is Hawala a network or an entity?

Question posted by Rosa Manson, on behalf of Humanitarian Emergency Planning Disaster Relief Consultancy Ltd in Cullompton, Devon

Hawala money lending and remittances, of which Somalia has been the Hawala form of money transfer for centuries to the tune of billions annually. There is the Dahabshill Bank Somalia (UK)/ Somaliland where one has to have a minimum of $ 1,000 or 5,000 notes for an application at the bank. HSBC will take Somaliland Currency in Thousand Notes only, but will not take Somali Currency. There are various banks of Somaliland Baanka Somaliland, Bankiga Dhexe Ee Soomaaliya (Central Bank of Somalia.

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