Review "Hawala" Platform Alternative to Wise
A new financial platform with an Arabic name, "Hawala" (also written Huwala or Hol), has recently emerged, positioning itself as a modern alternative to global payment platforms like Wise. The platform combines traditional currency and crypto management, offers virtual and physical cards, and features fee-free Amazon earnings reception and international transfers. This article reviews all the platform's features, the sign-up process, and what makes it stand out.
Why "Hawala"?
From the very beginning, Hawala grabs attention with three major strengths:
Multi-currency account: Supports Euro (EUR), US Dollar (USD), and the stablecoin USDT, with plans to add more currencies.
Visa and Mastercard: Instant virtual cards, plus physical cards (subject to regional availability).
Fee-free receiving and transfers: Especially via ACH, making it ideal for Amazon earnings and freelance payments.
Detailed Features
1. Receiving Amazon Earnings and Other Payments
The platform allows you to receive payments from Amazon and any entity using U.S. transfers. Crucially, receiving via ACH Transfer is completely free with zero fees, delivering the full amount to your account for transfers up to $1,000. Wire transfers are also available but carry a fee of around $18.
2. Cards: Instant Virtual and Support for Apple Pay & Google Pay
Virtual Card: Issued instantly after account creation and verification. Supports both Visa and Mastercard, and is compatible with Apple Pay and Google Pay.
Physical Card: The platform states it is available, but some users (like the reviewer) found the service inactive in their country (Morocco). The virtual card is sufficient for most digital needs.
Full Control: Freeze/unfreeze the card, set spending limits, track expenditure, and toggle auto-renewal.
3. Internal and International Transfers
Within the platform: Transfers from one Hawala user to another are completely free.
To bank accounts: Almost all Arab countries are covered (Morocco, Algeria, Tunisia, Egypt, Saudi Arabia, UAE, Qatar, etc.). Transfers are made in USD via Swift by providing your bank name and account details.
4. Crypto Integration
You can seamlessly exchange funds between fiat and digital currencies. The platform supports USDT and allows conversion to USD or EUR, giving you high liquidity and full control over your money movement.
5. PayPal Linking
Hawal indicates the ability to link with PayPal. At the time of testing, the reviewer faced some updates that temporarily made the feature unavailable for him, noting it may still work in other regions.
Welcome Gift: $5 Free
Upon your first sign-up, the platform gives you a $5 instant bonus, provided you enter the promotional code (Promo Code). If you forget to enter it during registration, you can add it later in the account settings and still receive the reward.
Promo Code:9BFD3G07
Note: Make sure to enter the code exactly as shown to claim your free $5.
How to Sign Up and Get Verified
Download the app or visit the website, and create an account using a regular Gmail address.
Enter the promo code
9BFD3G07when prompted.Verify your identity using your national ID card (or passport).
Verification is instant and takes only minutes.
You immediately gain access to your dashboard, can create a USD or EUR account, and obtain your IBAN, account number, and routing number to start receiving transfers.
Reviewer's Opinion After Testing
The channel owner states he holds accounts on virtually every financial platform but does not blindly trust any newcomer before thoroughly testing it over a long period. Platforms like Payoneer and Wise remain his core tools due to years of reliable usage. Regarding Hawal, he says:
The platform is highly professional in its interface, with no technical glitches or suspicious elements.
The attractive offers (like free ACH receiving and up to 1.5% cashback on USD spending) could be typical launch strategies to draw users, and policies might change later—as happened with Wise.
He advises taking advantage of the opportunity now. Those who signed up for Wise when it was free and open to everyone benefited, while latecomers regretted it.
Summary
Hawal currently presents an appealing package for freelancers and business owners dealing with Amazon and needing flexible financial solutions between fiat and crypto. Despite being new, the initial experience points to a professional level worth watching. Remember that early opportunities are often the best—but never set aside the rule of cautious handling of any new financial platform.
