Hundi

id: hundi-163-6099008
title: Hundi
text: A hundi or hundee is a financial instrument that was developed in Medieval India 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."
brand slug: wiki
category slug: encyclopedia
description: Indian financial instrument
original url: https://en.wikipedia.org/wiki/Hundi
date created: 2004-10-01T20:38:58Z
date modified: 2024-08-28T09:24:26Z
main entity: {"identifier":"Q1637563","url":"https://www.wikidata.org/entity/Q1637563"}
image: {"content_url":"https://upload.wikimedia.org/wikipedia/commons/2/2e/1951_Bombay_Province_Rs_2500_Hundi.jpg","width":1007,"height":614}
fields total: 13
integrity: 16

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