FreeAML
Pay-per-check verification with no subscription, plus free program, risk assessment and training tools. Prices are quoted GST inclusive: $20 per individual and $40 per entity, with the option for the customer to pay the check directly. Most competitors quote ex-GST, so compare like with like. ## Operator Operated by Vaz Capital Pvt Ltd as trustee for the Vaz Capital Trust (ABN 28 24
Checked 8 October 2026
Where it is stronger
Capabilities verified here that fewer than half of comparable offerings are verified on. Worked out from the data, not written by hand.
- AUSTRAC SMR XML export3 of 16 others
- Document Verification Service (DVS) access4 of 16 others
- Adverse media screening7 of 16 others
- Evidence pack export7 of 16 others
Where it is weaker
Recorded with the same care as the capabilities, and not softened.
- Partly meets the Tranche 2 measure: Risk assessed per designated service.Vendor states the generated risk assessment covers clients, services and geography (customer, geographic, product, delivery channel and operational risk); a rating per designated service is not described.
- Partly meets the Tranche 2 measure: Ongoing monitoring triggered by designated service and risk.Vendor states the client relationship type drives follow-up: one-off services auto-complete while ongoing clients get annual review reminders and periodic re-screening; triggers from a new designated service or a risk change are not described.
- Partly meets the Tranche 2 measure: Versioned AML program and CDD records.Help centre states the AML/CTF program is published as versions (Draft, Published, In force) with older copies under View Archives; versioning of CDD records is not described.
- Built around pay-per-check verification. The program, risk assessment, training and SMR/TTR material are provided as free generators and templates alongside it, rather than as a subscription workflow.
Statement of capabilities
Every tracked requirement for AML/CTF & Financial Crime, shown whether or not we could establish it.
- Verified
- Partial
- No
- Not established
1Program & Governance
3 of 5
- 1.1AML/CTF program creationVerified
- 1.2AML risk assessmentVerified
- 1.3Program maintenance and reviewNot established
- 1.4Independent evaluation support (s84)Not established
- 1.5Staff trainingVerified
2CDD & Entity Work
3 of 5
- 2.1Customer due diligenceVerified
- 2.2Know-your-business (entity checks)Verified
- 2.3Beneficial ownership and controlVerified
- 2.4Enhanced due diligenceNot established
- 2.5Reliance arrangementsNot established
3Identity Verification
3 of 3
- 3.1Electronic identity verificationVerified
- 3.2Biometric liveness and face matchVerified
- 3.3Document Verification Service (DVS) accessVerified
Sold per check as "government database verification (DVS — Document Verification Service)".
4Screening & Monitoring
3 of 4
- 4.1PEP and sanctions screeningVerified
- 4.2Adverse media screeningVerified
- 4.3Ongoing customer monitoringVerified
- 4.4Automated transaction monitoring (bank-style rules)Not established
5Tranche 2 Operations
0 of 7
- 5.1Risk assessed per designated servicePartial
Vendor states the generated risk assessment covers clients, services and geography (customer, geographic, product, delivery channel and operational risk); a rating per designated service is not described.
- 5.2Ongoing monitoring triggered by designated service and riskPartial
Vendor states the client relationship type drives follow-up: one-off services auto-complete while ongoing clients get annual review reminders and periodic re-screening; triggers from a new designated service or a risk change are not described.
- 5.3Program obligations calendarNot established
- 5.4Versioned AML program and CDD recordsPartial
Help centre states the AML/CTF program is published as versions (Draft, Published, In force) with older copies under View Archives; versioning of CDD records is not described.
- 5.5Escalation to AMLCO or manager with outcome recordedNot established
- 5.6Expired document alertsNot established
- 5.7Reliance CDD requests sent and receivedNot established
6Reporting & Control
1 of 4
- 6.1Suspicious matter report workflowNot established
- 6.2AUSTRAC SMR XML exportVerified
Help centre states the product prepares SMR, TTR and IFTI-DRA files as XML (plus an optional PDF) for the firm to upload to AUSTRAC Online; no schema version is stated.
- 6.3Tipping-off controls (s123)Not established
- 6.4Threshold transaction reportingNot established
7Evidence & Extensibility
1 of 3
- 7.1Evidence pack exportVerified
Stated as "audit-ready exports" alongside an earnings dashboard; the contents of an export are not described.
- 7.2Immutable audit logNot established
- 7.3API accessNot established
- 7.4Where customer data is storedNot established
- 7.5Where customer data is processedNot established
Integrations
None named on the provider's own site. If integrations matter to you, confirm directly before buying.
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AML/CTF software and services support compliance with the AML/CTF Act and Rules. Nothing on this page is legal advice, and no provider is certified, endorsed or approved by AUSTRAC unless independently evidenced.