A popular and informal value transfer system based not on the movement of Money in physical form such as banknotes and coins., or on a telegraph or computer network or wire transfers between banks, but instead on the performance and honour of a huge network of From the Latin word moneta, nickname that was given by Romans to the goddess Juno because there was a minting workshop next to her temple. Money is any item that is generally accepted as payment for goods and services and repayment of debts, such as taxes, in a particular region, country or socio-economic context. Its onset dates back to the origins of humanity and its physical representation has taken on very varied forms until the appearance of metal coins. The banknote, a typical representati... brokers (known as hawaladars). Today, hawala is used mostly for migrant workers’ Money sent home from emigrants working abroad. to their countries of origin.