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Anti-money laundering (AML)

Updated 2026-09-29

Anti-money laundering (AML) refers to the broader set of laws, rules, and bank processes designed to stop illegally obtained money, including scam proceeds, from being moved, layered through accounts, or made to look legitimate. In Malaysia this framework sits mainly under AMLA 2001.

When it matters

AML checks are part of why banks monitor unusual transaction patterns, which can sometimes flag a mule account even before a victim reports it. If you are asked extra questions by your bank about a transaction, it is often this system at work, not a sign that anything is wrong with your own account.