Trade Based Money Laundering (TBML) involves the use of international trade
transactions to disguise the illegal movement of funds. Criminals manipulate trade invoices, overstate or understate the value of goods, or engage in other deceptive practices to transfer money across
borders without raising suspicion. TBML poses a significant challenge to financial institutions and authorities, requiring vigilant monitoring and collaboration to detect and prevent illicit financial
activities within the global trade system.