AML Cube: Five common methods used in Terrorist Financing

i-AML AML Cube Five common methods used in Terrorist Financing

Charities and NonProfit Organizations

Terrorists often use legitimate charities or Non-Profit Organizations to collect and transfer funds across countries to support their activities.

Informal value transfer systems

Such as Hawala or Hundi to move funds cross border to avoid detection.


BANNER Terror Finan Invest i-AML


Criminal activities

Terrorists often engage in criminal activities such as drug trafficking, extortion or smuggling to generate proceeds for their activities.


Credit card fraud, identity theft and other fraudulent activities to acquire funds.

Legitimate businesses

Terrorists may use legitimate businesses, such as import-export companies, to hide the true nature of their financial transactions.


January 25, 2023 Published by AML Cube Consulting and Education. (Download PDF)

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