Independent evaluation quotes: what good looks like
A useful independent evaluation quote names who will read the program, what they will read, and what report you will get back. A certificate with no reading is not an evaluation.
Quick answer
Ask who does the work, whether they are independent of the person who wrote the program, and whether they will read your designated services and your risk assessment. The deliverable is a report a senior manager can act on. This page does not set a price and does not pick the evaluator. FreeAML does not do the evaluation.
People search “AML independent evaluation quote what to ask” when a principal is comparing independent evaluation quotes and one of them is only a certificate. Checked against AUSTRAC’s independent evaluation step on 4 October 2026. This is general information, not legal advice. This page does not reproduce that guidance. What the program must contain before anyone evaluates it is the AML/CTF program for Tranche 2. The officer who receives the report is the AUSTRAC compliance officer. The sector map is /tranche-2.
Read the quote for the work, not the logo
An AML independent evaluation quote is a scope, not a badge. The search is what to ask before you sign. A good quote names the human who will read the program, states that they did not write it, lists the parts in scope, and says the output is a written report with findings the firm can fix. A PDF certificate, a logo for the website, and a same-day turnaround with no reading are a different product.
AUSTRAC’s independent evaluation step is the official description of the job. This page does not reproduce it and does not set a fee. A two-partner firm should be able to see, from the quote alone, whether the evaluator will touch your designated services or only a generic checklist. If the quote cannot answer that, it is not ready to accept.
- Ask who reads. A named person, not a brand. Independence means they are not marking their own draft.
- Ask what is in scope. The program, the risk assessment, and the designated services, or a thinner sample. The quote should say.
- Ask what you receive. A report with findings. Not a seal, and not a social-media tile.
- Ask what they will not do. They do not enrol you, they do not approve the program for you, and they do not become the compliance officer.
Quote versus a certificate
What to look for in an evaluation quote. This table does not reproduce AUSTRAC’s independent evaluation step.
| Ask | A workable answer | A weak answer |
|---|---|---|
| Who does the work? | A named reviewer who did not write the program | The team, with no person |
| What will they read? | Your program and the services you provide | A generic pack they use for every firm |
| What comes back? | A report the senior manager can act on | A certificate and a logo |
| What is the fee for? | That reading and that report | A price with no scope |
Where this page stops
This page is how to read a quote. It is not the evaluation, and it is not the software boundary. What the firm suite is for sits on what a free AML tool should include.
What the client pays
On FreeAML the firm suite is A$0. The firm emails the client a link. Verification is client-pays. On the public list a personal KYC check is A$20 and a company or trust KYB check is A$40. Use KYB when the customer is a company or a trust. An independent evaluation is not included in the firm suite and is not a KYC or KYB check. Confirm the live amounts on FreeAML pricing. FreeAML does not choose your evaluator or accept a quote.
📚 Related Resources
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Free AML Program →
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Risk Assessment Generator →
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Free AML Training →
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AUSTRAC Reporting Tools →
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Frequently Asked Questions
The evaluation is a separate engagement. The check is client-pays.
The firm suite is A$0. The client pays KYC or KYB. An evaluator’s invoice is not either of those.
View pricingQuestions: team@freeaml.com.au