Panthamit, Nisit; Panthamitr, Paisarn; Tian, Guowei - In: Journal of Money Laundering Control 27 (2023) 3, pp. 579-594
Purpose This study aims to convey the understanding of the ecosystem – how “hundi” works on the border trade between Myanmar and northern Thailand, which is an informal transfer system and is widely used as an alternative banking system. Even though the role of hundi is unable to declare...