Pay-As-You-Go AML & KYC Checks in Australia
Pay-as-you-go means the invoice follows the matters you actually open. A quiet month does not still carry a seat fee.
Quick answer
Pay-as-you-go AML/KYC means you buy customer due diligence checks when you need them — without a monthly AML software subscription. FreeAML offers Australian businesses KYC from $15 and KYB from $35, with an optional client-pays flow.
KYC vs KYB vs an AML check
- KYC — verify an individual
- KYB — verify a company or other entity and the ownership your program requires
- AML check — the everyday name for that CDD package in property and professional services
FreeAML covers the verification and screening-style workflow used as Tranche 2 CDD evidence. It is not a bank transaction-monitoring stack.
Who this pricing model is for
- Agents who do not want another SaaS seat
- Practices with seasonal conveyancing volume
- Firms leaving a competitor after a price rise
- Anyone comparing EasyAML alternatives
How a pay-as-you-go check works
- Start from /aml-check.
- The client receives a link.
- They complete ID on their phone.
- You review the outcome and store it with your risk rating.
The flow is designed to take minutes, not a branch visit. See live figures on /pricing. The strategic point is that your cost tracks usage, which matches how Tranche 2 work actually arrives.
Worked monthly sketch
| Month | Work | FreeAML software |
|---|---|---|
| Quiet | 3 individual clients | 3 × $15 = $45 |
| Typical | 10 KYC + 2 KYB | $150 + $70 = $220 |
| None | No new matters | $0 platform fee |
Pitfalls
- Buying enterprise monitoring you will never configure
- Assuming “free AML” means unlimited paid verifications
- Skipping the written risk assessment — use the template guide
- Forgetting to disclose a client-pays or markup line on the invoice — see estate agent AML fees
📚 Related Resources
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.
Frequently Asked Questions
Run a pay-as-you-go check
No subscription. KYC from $15 and KYB from $35.
Start an AML checkQuestions: team@freeaml.com.au