Central Bank of Bangladesh (Bangladesh Bank) has adopted a software named goAML provided by UNDOC (United Nations Office on Drugs and Crime). The main objective of this software is to combat money-laundering and strategic response to serious and organized crime. As a part of Bangladesh Bank’s Anti-Money Laundering (AML) initiatives, member Banks are required to submit all transactions that are above a daily pre-defined threshold for a given client.
In this regard, we have developed a very User Friendly Interface for goAML System which acts as a bridge between the Core Banking System (CBS) and Bangladesh Bank (BB) goAML web portal. It allows rapid and secure exchange of information between commercial bank and Bangladesh Bank.