Presented at a workshop at the Centre for the Study of Financial Innovation, this document explores the logistical solutions deployed within contemporary Hawala-style value transmission systems. It suggests that those frustrated by the lack of an effective global payments system for retial...

The paper, presented at a World Bank Conference on Migrant Remittances: development impact, opportunities for the financial sector and future prospects in London, 9th - 10th October 2003, examines the Hawala transactions by British labour migrants to South Asia, their region of origin.