AML
Written by Christopher Krassnig - Founder - Kairos Exchange and ZenoX Media.
Published
- Checks in every memo8
- Automatic on day one3 of 8
- Read by handad spend and processor payouts
- Tracked ecom salesEUR 200M+ZenoX ad-management figures, not Kairos deal volume - Kairos hasn't closed a deal yet.
AML is the set of rules banks and regulators use to stop dirty money from passing as clean. It traces where a large payment actually came from. It does not just confirm who sent it. AML sits beside KYC, not inside it. KYC checks identity. AML checks the money's origin.
Why It Matters in a Business Sale
A seller receiving a large payout, or a buyer wiring six figures to fund one, both move money in amounts that a bank's own AML systems are built to notice. Neither Kairos nor a typical business marketplace runs this screening itself; the check happens inside the banking and escrow rails the money actually passes through. A payment that trips an AML flag gets delayed at the bank or escrow provider, not at the marketplace, which is worth knowing before assuming a cleared listing says anything about the money clearing too.
Not to Be Confused With
- KYC
- KYC confirms a person's identity before they can act. AML is the separate discipline of tracing whether the money itself is clean, and a person can pass identity checks while the funds behind them still fail an AML screen.