Money laundering is a method to convert black money into white money, So as a countermeasure of this act anti-money laundering system takes place. Anti-money laundering includes laws, policies, rules, and regulations to prevent financial crime and prime focus to control money laundering. Companies make laws and they have to follow them strictly. Like KYC(know your customer) is a part of the anti-money laundering system. It brings the data from the customer to know where the customer makes transactions.