1.0WazirX Guidehttps://wazirx.com/guideharshitahttps://wazirx.com/guide/author/harshita/rich600338<blockquote class="wp-embedded-content" data-secret="53P99pzabG"><a href="https://wazirx.com/guide/glossary/anti-money-laundering-aml/">Anti Money Laundering (AML)</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://wazirx.com/guide/glossary/anti-money-laundering-aml/embed/#?secret=53P99pzabG" width="600" height="338" title="“Anti Money Laundering (AML)” — WazirX Guide" data-secret="53P99pzabG" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script> /*! This file is auto-generated */ !function(d,l){"use strict";l.querySelector&&d.addEventListener&&"undefined"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!/[^a-zA-Z0-9]/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),o=l.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),c=new RegExp("^https?:$","i"),i=0;i<o.length;i++)o[i].style.display="none";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute("style"),"height"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):"link"===t.message&&(r=new URL(s.getAttribute("src")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener("message",d.wp.receiveEmbedMessage,!1),l.addEventListener("DOMContentLoaded",function(){for(var e,t,s=l.querySelectorAll("iframe.wp-embedded-content"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute("data-secret"))||(t=Math.random().toString(36).substring(2,12),e.src+="#?secret="+t,e.setAttribute("data-secret",t)),e.contentWindow.postMessage({message:"ready",secret:t},"*")},!1)))}(window,document); //# sourceURL=https://wazirx.com/guide/wp-includes/js/wp-embed.min.js </script> AML, or anti-money laundering, is a set of guidelines, protocols, and tools that work to stop the practice of money laundering. Large financial organizations and government systems use it to keep an eye on possible fraudulent activity. Knowing your consumers, using software filtering, and adopting holding periods are a few anti-money laundering procedures. Financial organizations must adhere to strict guidelines regarding spotting money laundering.