Best free AML software Australia: read the per-check line

People search “best free AML software Australia” when a principal is comparing platforms that all say free and has not found the per-check line. Checked against the AUSTRAC obligations factsheet for Tranche 2 on 4 October 2026. This is general information, not legal advice. This page does not reproduce that guidance. What “free” should cover is on what a free AML tool should include. How client-pays is structured is on pay-as-you-go AML and KYC. The sector map is /tranche-2.

Free is a suite word

In Australia the obligation sits on the reporting entity. Software does not enrol you, appoint the officer, or approve the program. A $0 suite means the firm is not billed a monthly platform fee. It does not mean the check is unpaid.

Someone pays the per-check line. On this product that someone is the client. The shortlist test is whether that line is printed. “Free” next to a login, with the check price in a later screen or a sales call, is how a principal mis-counts the year; write three figures before you book a demo: suite fee, personal check, company or trust check, and who pays each; if the page will not say, leave it off the shortlist.

• Find the per-check line first. A missing number is not a small number. It is an unpublished price.
• Write who pays. Firm-billed and client-pays are different cash movements. The word free does not say which.
• Keep KYC and KYB apart. A person and a company are not one unit price.
• Leave the ranking alone. “Best” in the search is not a result this page awards.

The four lines worth copying down

Copy them into the same note you use for the program decision. A tool that cannot show its price will not show your records any more clearly. The factsheet tells you the obligations. It does not pick a vendor.

Where the shortlist page stops

This page is how to read a free claim. It is not the feature list and it is not the pay-as-you-go explainer. Those are what a free AML tool should include and pay-as-you-go AML and KYC. FreeAML’s published lines are a firm suite at A$0, client-pays, A$20 for personal KYC and A$40 for company or trust KYB.

The firm emails the link. This page still does not call that a ranking.

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. The firm suite does not include enrolment, the compliance officer, or a program approval, and the per-check line is not a firm subscription. Confirm the live amounts on FreeAML pricing. FreeAML does not rank AML software or hide the per-check line.

Frequently Asked Questions