FrankieOne versus a Tranche 2 firm tool
FrankieOne and a Tranche 2 firm tool are aimed at different buyers. One is infrastructure a product team embeds, and the other is a link a small firm emails so the client can pay.
Quick answer
A two-partner firm needs a program and a check on the customers that program names, not an embedded verification API. FrankieOne can suit a business building onboarding into its own product, and it is a poor comparison when the job is one link before a conveyance. FreeAML is not a FrankieOne reseller. The firm suite is A$0 and the client pays.
People search “FrankieOne alternative” when a professional firm is comparing FrankieOne with a tool meant for a Tranche 2 practice. Checked against AUSTRAC's summary of Tranche 2 obligations on 4 October 2026. This is general information, not legal advice. This page does not reproduce that guidance. The direct comparison already published is FreeAML and FrankieOne. The sector map is /tranche-2.
Who the product is for
FrankieOne alternative searches from a Tranche 2 firm usually mean the firm has been shown an onboarding platform and asked to imagine itself as a product team. A platform that other software calls is a real category. A suburban practice sending one link before a designated service is a different category. Matching them on a logo slide wastes the week.
Either way the firm still writes the program. Neither product enrols you, and neither decides your designated services. This page does not price FrankieOne and does not say a bank should avoid it. The existing comparison page carries the FreeAML side in more detail.
- Name the buyer. A team embedding checks in its own product is one buyer. A two-partner firm is another.
- Name the action. Embedding an API is a build. Emailing a client a link is an operation. Do not buy a build for an operation.
- Keep the program in the firm. The tool does not become the AML/CTF program because it was expensive or technical.
- Do not invent a price. What FrankieOne charges is not on this page. FreeAML's public list is A$20 and A$40, client-pays, and that is the only price stated here.
Platform, or a link
A sorting aid when FrankieOne appears on a Tranche 2 shortlist. This table does not reproduce AUSTRAC's Tranche 2 summary.
| Question | A platform a product team embeds | A Tranche 2 firm tool |
|---|---|---|
| Who it is for | A team building onboarding into a product | A small firm with a designated service |
| What the client does | Whatever that product was built to do | Opens a link and pays the check |
| What you still write | Your own program | Your own program |
| What this page will not say | That the platform is wrong for a bank | That a link replaces enrolment |
Where the FrankieOne page stops
This page is the category difference, not the full comparison. That sits on FreeAML and FrankieOne. A general buying note sits on best AML software in Australia. This page does not quote a FrankieOne price.
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 embedded verification platform is not included in the firm suite. Confirm the live amounts on FreeAML pricing. FreeAML does not rebuild FrankieOne inside your practice, or decide that a product team and a law firm have the same job.
📚 Related Resources
Free KYC Check →
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Board-ready AML/CTF Program template. All 10 AUSTRAC sections included.
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Free AML Training →
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AUSTRAC Reporting Tools →
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Frequently Asked Questions
If the job is a link, send the link.
The firm suite is A$0. The client pays. A personal KYC check is A$20 and a company or trust KYB check is A$40. You do not embed an API to do that.
View pricingQuestions: team@freeaml.com.au