Editing Hawala (section)

=== South Asia ===

==== Hundis ====
{{Main|hundi}}
[[File:1951 Bombay Province Rs 2500 Hundi.jpg|thumbnail|right|A 1951 hundi of Bombay Province for Rs 2500 with a pre-printed [[revenue stamp]]]]
The ''hundi'' is a financial instrument that developed on the Indian sub-continent for use in trade and credit transactions. Hundis are used as a form of remittance instrument to transfer money from place to place, as a form of credit instrument or IOU to borrow money and as a [[bill of exchange]] in trade transactions. The [[Reserve Bank of India]] describes the Hundi as "an unconditional order in writing made by a person directing another to pay a certain sum of money to a person named in the order."<ref>{{Cite web|title=Reserve Bank of India|url=https://rbi.org.in/scripts/ms_hundies.aspx|access-date=2022-11-20|website=rbi.org.in}}</ref>