hawaladarn.
/həˈwɑːlədɑː/, U.S. /həˈwɑlədɑr/ A person who acts as an agent in a hawala transaction; a hawala dealer. Cf. hawala n.
ΚΠ
2000 Straits Times (Singapore) 4 May 36 When a customer wants money to be transferred to someone else in another country, he goes to a hawaladar, or remitting agent. The agent will, in turn, contact a hawaladar he knows in the other country and ask him to transfer the money, for a small percentage of the total transaction. The transfer is based on trust.
2001 Guardian 15 Oct. ii. 4/3 In 1993 Congress passed a law requiring US hawaladar to register with the government and to file suspicious activity reports like banks.
2004 Wall St. Jrnl. 17 Feb. (Central ed.) a6/3 We spoke with hawaladars that are moving $10 million a day.
This is a new entry (OED Third Edition, September 2007; most recently modified version published online March 2022).
<
n.2000