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The concept of money laundering is very important to be understood for those working in the financial sector. It is a course of by which dirty cash is converted into clean cash. The sources of the money in actual are criminal and the cash is invested in a approach that makes it seem like clean cash and hide the identification of the felony a part of the cash earned. Whereas executing the monetary transactions and establishing relationship with the new clients or maintaining existing clients the responsibility of adopting sufficient measures lie on each one who is part of the organization. The identification of such factor in the beginning is straightforward to take care of as a substitute realizing and encountering such situations afterward in the transaction stage. The central financial institution in any country offers full guides to AML and CFT to fight such actions. These polices when adopted and exercised by banks religiously provide enough safety to the banks to deter su