Laundering money is a method in which black money is converted into white cash. Anti-money laundering is a technique or procedure for finding such laundering operations. Although anti-money attempts began at an early point, the alternatives appear to be limited to a strategic level. Mostly criminal act offenders try to create the transactions look as innocent as possible. In order to explore a appropriate solution for suspect transaction detection, extensive study has been performed. But if the

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... exchange is really suspect or not, there is no credible mechanism to verify and the method is also very tedious. This paper examines several methods and algorithms for the anti-money laundering system that have been suggested.