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AML FinderAU
SubjectTwo records, worked side by side
Records checked to8 October 2026

AMLCompliant vs FreeAML

There is no universal winner. The question is which kinds of buyer should prefer which. These pages are built from the same source-checked data as every other page on AML Finder.

AMLCompliant

Document / template pack

Entry price
$497.00
Evidence
87%
Marketed to
Not established
Data residency
overseas

FreeAML

Verification layer

Entry price
$20.00/check
Evidence
55%
Marketed to
Accounting, Real estate, Conveyancing, Legal
Data residency
Not established

Choose AMLCompliant when...

Nothing separates them here: every capability agreed for AMLCompliant is at least established for FreeAML too.

Choose FreeAML when...

  • AML/CTF program creation is verified — AMLCompliant has not established it.
  • Risk assessment is verified — AMLCompliant has not established it.
  • Staff training is verified — AMLCompliant has not established it.
  • Customer due diligence is verified — AMLCompliant has not established it.
  • Know-your-business (entity checks) is verified — AMLCompliant has not established it.

Biggest differences

FieldAMLCompliantFreeAML
AML/CTF program creationNoVerified
Risk assessmentNoVerified
Staff trainingNoVerified
Customer due diligenceNoVerified
Know-your-business (entity checks)Not establishedVerified
Beneficial ownership and controlNoVerified
Enhanced due diligenceNoNot established
Electronic identity verificationNoVerified
Biometric liveness and face matchNoVerified
Document Verification Service (DVS) accessNoVerified
PEP and sanctions screeningNoVerified
Adverse media screeningNoVerified
Ongoing customer monitoringNoVerified
Automated transaction monitoring (bank-style rules)NoNot established

Capabilities, section by section

Program & governance

AMLCompliantFreeAML
  • AML/CTF program creation Not agreed Agreed
  • Program maintenance and review Not obtained Not obtained
  • Risk assessment Not agreed Agreed
  • Independent evaluation support (s84) Not obtained Not obtained
  • Staff training Not agreed Agreed

CDD & entity work

AMLCompliantFreeAML
  • Customer due diligence Not agreed Agreed
  • Know-your-business (entity checks) Not obtained Agreed
  • Beneficial ownership and control Not agreed Agreed
  • Enhanced due diligence Not agreed Not obtained
  • Reliance arrangements Not obtained Not obtained

Identity verification

AMLCompliantFreeAML
  • Electronic identity verification Not agreed Agreed
  • Biometric liveness and face match Not agreed Agreed
  • Document Verification Service (DVS) access Not agreed Agreed

Screening & monitoring

AMLCompliantFreeAML
  • PEP and sanctions screening Not agreed Agreed
  • Adverse media screening Not agreed Agreed
  • Ongoing customer monitoring Not agreed Agreed
  • Automated transaction monitoring (bank-style rules) Not agreed Not obtained

Reporting & control

AMLCompliantFreeAML
  • Suspicious matter report workflow Not agreed Not obtained
  • AUSTRAC SMR XML export Not agreed Agreed
  • Tipping-off controls (s123) Not agreed Not obtained
  • Threshold transaction reporting Not agreed Not obtained

Evidence & extensibility

AMLCompliantFreeAML
  • Evidence pack export Not agreed Agreed
  • Immutable audit log Not agreed Not obtained
  • API access Not agreed Not obtained

Tranche 2 operations

AMLCompliantFreeAML
  • Risk assessed per designated service Queried Queried
  • Ongoing monitoring triggered by designated service and risk Queried Queried
  • Program obligations calendar Queried Not obtained
  • Versioned AML program and CDD records Queried Queried
  • Escalation to AMLCO or manager with outcome recorded Queried Not obtained
  • Expired document alerts Not agreed Not obtained
  • Reliance CDD requests sent and received Queried Not obtained

Unknowns to confirm

Not established for at least one of these two — ask before relying on it.

Program maintenance and reviewIndependent evaluation support (s84)Know-your-business (entity checks)Reliance arrangementsEnhanced due diligenceAutomated transaction monitoring (bank-style rules)Suspicious matter report workflowTipping-off controls (s123)

Which one fits your requirements?

These two are compared on every field we track. Tell us what matters to you and we’ll recalculate this comparison against your own requirements.

Tell us what matters to you

Provider facts checked through 8 October 2026. Source records: AMLCompliant on AML Directory · FreeAML on AML Directory