Currency Exchange Between Friends Similar To Hawala/Hundi
I got your point but just for further clarification I have those dollars in my international account and I have to transfer them to my Pakistani bank account to use them in Pakistan. Now is there any problem in this transaction? Some people in Pakistan say its money laundering because when income comes through International Bank to Pakistani bank Govt gets a tax and I am bypassing this procedure. I personally don’t think there is anything wrong in it but when I hear about such things I get confused that’s why I am asking for guidance.