Key Trigger: $5,000 Threshold
Precious metals have LOWER threshold than most Tranche 2 services. Verify customers at $5,000 (not $10,000). Cash reporting at $10,000.
Your Obligations
- Register with AUSTRAC by March 31, 2026
- Create AML/CTF Program
- Complete Risk Assessment
- Train your team on cash transaction red flags
- Verify customers for transactions ≥$5,000
- File TTR reports for cash transactions ≥$10,000
- File SMR reports for suspicious activity (any amount)
- Keep records for 7 years
How to Do It All for $0
Free Tools
Program (precious metals template), Risk Assessment (cash risks), Training (red flags), TTR/SMR Templates
Learn more →Your Cost
$0. Customers pay their own $20 verification. You pay nothing. Unlimited volume.
Learn more →30-Minute Checklist
- 1Register with AUSTRAC
⏱️ 10 min
- 2Generate AML Program
⏱️ 5 min
- 3Complete Risk Assessment
⏱️ 10 min
- 4Train team on red flags
⏱️ 2 min
- 5Send first verification
⏱️ 2 min
Total: 29 Minutes
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📚 Related Resources
Free AML for Jewellers →
Everything bullion dealers need for Tranche 2.
Free KYC Check →
Verify customer identity in 60 seconds. Government ID + AML screening.
Free AML Program →
Board-ready AML/CTF Program template. All 10 AUSTRAC sections included.
Risk Assessment Generator →
AI-powered ML/TF risk assessment. 20-page compliant report in 5 minutes.
Free AML Training →
Online courses for staff. CPD-certified certificates included.
AUSTRAC Reporting Tools →
File SMRs, TTRs, IFTIs directly to AUSTRAC. Pre-filled forms.
FAQs
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