**Remittance vs Hundi**
Hundi is a causal method of sending money. Huni is prohibited in all countries around the world. Because money does not become a beneficiary part of economies in Hundi. It is particularly damaging to developing countries. Almost 40% of expats living abroad [send money](https://www.remitchoice.com) home via hundi agents. This means that the money they send does not help but hinders the growth of countries.
What exactly is Hundi, and why do people use it?
Hundi's process is based on agents in various countries. Anyone wishing to send money contacts an agent abroad, who distributes funds to the agent's nominee in the recipient country. This method is typically used by people who have black money and want to avoid legal consequences. Money laundering, terror financing, and other illegal activities rely on hundi to move funds. In a nutshell, Hundi refers to the process of converting black money into white money without the knowledge of governments.
Hundi is an illegal process, but some people ignore it. All money obtained through fraudulent activities is hidden and transferred through agents and some online websites. These websites display legal content, such as online purchases. However, the black money is moving in the background. Because of poverty, unemployment, and war conditions, some immigrants from developing countries chose to travel informally to other countries. And some refugees in other countries face significant difficulties in engaging in any activity due to the lack of legal residency documents in those countries. With such pressure on them, they seek the assistance of hundi agents to send money back home on time. And as a result of that compulsion, they become victims of these agents, who profited from them in the form of commission, additional charges, and even informing legal authorities to arrest that person and keep them safe.
**Legal Remittance Procedure**
While remittance is the legal and official method of transferring money. Expats use this method to send money through legal channels. Banks and remittance companies are the most common methods of sending money around the world. Any money transfer via these channels has a significant impact on the economies of countries. This will also help to boost and grow underdeveloped countries.
**What Remit Choice Backs**
[Remit Choice](https://www.remitchoice.com) is an online remittance company with offices in the United Kingdom and other parts of the world. Any money transfer made with Remit Choice is legal and official. This company offers legal money transfer services in over seventy countries worldwide.