EBI Publications

This is often in the form of cash bank deposits. This is the riskiest stage of the laundering process because large amounts of cash are conspicuous, and banks are required to report high-value transactions. 2-Layering -This stage involves sending the money through various financial transactions to change its form and make it difficult to follow. Layering may consist of several bank-to-bank transfers, wire transfers between different accounts in different names in different countries, The money laundering cycle implies three distinct stages: x Placement Stage, moving the funds from direct association with the crime. x Layering Stage, disguising the trail to avoid pursuit. x Integration Stage, making the money available to the criminal, once again, with its occupational and geographic origins hidden from view . 1-Placement - At this stage, the launderer inserts the dirty money into a legitimate financial institution.