AUSTRAC Tranche 2 · Conveyancers & Settlement Agents

AML Software for Conveyancers & Settlement Agents

Purpose-built AML/CTF compliance for Australian conveyancers. Complete AUSTRAC enrolment, CDD on your client, DFAT sanctions screening and SMR workflows — all in one platform. Mapped directly to the AUSTRAC Conveyancer Program Starter Kit.

From $59/mo + GST Data hosted in Australia AUSTRAC Starter Kit aligned Reliance framework support
AUSTRAC-aligned DFAT sanctions screening AWS Sydney hosting Bank-grade encryption
Why conveyancers need AML software

From 1 July 2026, every Australian conveyancer is a reporting entity

Under the amended AML/CTF Act 2006 and the AUSTRAC Tranche 2 reforms, conveyancers and settlement agents who assist clients with the sale, purchase or transfer of real property provide a designated service. From 1 July 2026 you must enrol with AUSTRAC, run a written AML/CTF program, verify your client, screen against the DFAT sanctions list, lodge suspicious matter reports, and keep records for 7 years.

Conveyancers sit at the final checkpoint before settlement, which is exactly why AUSTRAC brought the profession in scope. AMLTranche gives you an AUSTRAC-aligned workflow that drops straight into how a conveyancing file already runs — client in, CDD, checks, sign-off, audit trail — so compliance adds minutes to a file, not hours.

Even a small matter like a parent transferring the family home to a child without consideration is captured. AUSTRAC's guidance is explicit: "a conveyancer who helps a parent transfer ownership of the family home to their child without consideration will provide a designated service." No money changing hands doesn't take the matter outside scope.

AUSTRAC for conveyancers

Your six AUSTRAC obligations as a conveyancer or settlement agent

All six obligations are set out in AUSTRAC's public guidance for Tranche 2 entities. AMLTranche delivers the systems you need to meet each one — mapped to the AUSTRAC Conveyancer Program Starter Kit.

1Enrol with AUSTRAC

Register as a reporting entity through AUSTRAC Online. Enrolment opens 31 March 2026; deadline 29 July 2026.

2AML/CTF program

A written, risk-based AML/CTF program with your ML/TF risk assessment, policies, procedures and controls. Appoint a fit-and-proper compliance officer.

3Customer due diligence

Conduct CDD on the client on whose behalf you act (per the AUSTRAC Conveyancer Program Starter Kit) before providing the designated service.

4Sanctions & PEP screening

Screen every client against the DFAT Consolidated List and PEP databases — and re-screen on list updates.

5Suspicious matter reports

Lodge an SMR with AUSTRAC when you form a suspicion on reasonable grounds. Tipping off a customer is a criminal offence under section 123 of the Act.

67-year record keeping

Retain CDD records, screening results and compliance documents for 7 years per AUSTRAC record-keeping guidance.

Not sure if you're in scope? Check the AUSTRAC eligibility tool, or read our full AML guide for conveyancers & settlement agents.

The AML platform for conveyancers

Built for the conveyancing file, not retrofitted from bank KYC

Conveyancers need compliance that fits inside the file, not on top of it. AMLTranche maps to how conveyancing files already work — client onboarding, identity, risk rating, screening, audit — and exports a clean CDD pack that can support the reliance framework with agents and lawyers.

Biometric ID verification

Selfie plus document capture. Matches Australian driver licence, passport or Medicare via secure IDV providers.

DFAT sanctions & PEP screening

Every client is screened against the DFAT Consolidated List and PEP databases. Automatic re-screening when lists update.

AUSTRAC Starter Kit mapping

Program generator follows the AUSTRAC Conveyancer Program Starter Kit structure. Document library, dealing-with-clients examples, and process mapping.

Delayed CDD for real estate

AUSTRAC permits a real estate agent to complete initial CDD on the buyer/transferee 28 days after the exchange of contracts, or at least 3 days before the initially agreed day for settlement (whichever is earliest). The platform tracks the timer.

Trust, SMSF & company CDD

Verify SMSFs, discretionary trusts, unit trusts and Pty Ltd entities — including beneficial owners at 25% or more ownership or control per AUSTRAC's glossary.

SMR workflow with tipping-off controls

Structured intake and reviewer role-split so tipping off is prevented by design. Aligned to section 123 of the AML/CTF Act.

Reliance pack export

Export the CDD pack to a real estate agent or lawyer so the reliance framework under the Act can be used without duplication.

7-year tamper-proof audit log

Every CDD action is signed and time-stamped. Data stored in AWS Sydney. Ready for an AUSTRAC examination years from now.

Why conveyancers choose AMLTranche

AUSTRAC-aligned, built in Australia, priced for solo and multi-conveyancer practices

Mapped to AUSTRAC's Conveyancer Starter Kit

The program generator mirrors the AUSTRAC-published structure, so your program reads the way AUSTRAC expects.

Reliance framework ready

Exportable CDD packs support the reliance framework in the Act — share verified CDD with the agent or lawyer on the same file.

Data stays in Australia

All data hosted in AWS Sydney (ap-southeast-2). 256-bit encryption, tamper-proof audit log, 7-year retention built-in.

Scales from solo to multi-conveyancer

Solo plan for single-conveyancer practices; Growth and Scale plans for multi-seat firms.

Up and running in under an hour

Short questionnaire generates your AML/CTF program and ML/TF risk assessment, ready for review.

Transparent pricing, no onboarding fees

From $59/mo + GST. No feature gating. Annual plans save 17%.

Pricing for conveyancers

Plans that match how a conveyancing practice actually works

Every plan includes AUSTRAC enrolment support, AML/CTF program generation mapped to the Conveyancer Starter Kit, DFAT sanctions screening, PEP screening, and 7-year audit trails. Annual billing saves 17%.

Solo
$59/mo
+ GST · Monthly

Single-conveyancer practices. 1 seat, 5 IDV verifications/mo included.

Growth · Popular
$149/mo
+ GST · Monthly

Multi-conveyancer practices. 5 seats, 20 IDV verifications/mo included.

Scale
$299/mo
+ GST · Monthly

Large firms & reporting groups. 15 seats, 50 IDV verifications/mo.

See full pricing & annual plans
FAQs — AML for conveyancers

Questions conveyancers ask about AML software & AUSTRAC

What is the best AML software for conveyancers in Australia?+
AMLTranche is purpose-built AML software for Australian conveyancers and settlement agents. It covers every AUSTRAC Tranche 2 obligation — CDD, DFAT sanctions screening, PEP screening, AML/CTF program generation (mapped to the AUSTRAC Conveyancer Program Starter Kit), SMR workflows, and 7-year audit trails. Data is hosted in Australia (AWS Sydney).
Do conveyancers really need to enrol with AUSTRAC?+
Yes. Under the Tranche 2 reforms, conveyancers and settlement agents who assist with the sale, purchase or transfer of real property are providing a designated service and are reporting entities. Enrolment opens 31 March 2026 and the enrolment deadline is 29 July 2026 for those providing the new designated services.
Who does a conveyancer conduct CDD on?+
Per the AUSTRAC Conveyancer Program Starter Kit, a conveyancer conducts CDD on the client on whose behalf they act. If the client is a company or trust, CDD extends to directors, beneficial owners (25% or more ownership or control, per AUSTRAC's glossary), and other relevant persons.
Can I rely on a real estate agent's CDD for the same buyer?+
The AML/CTF Act contains a reliance framework allowing one reporting entity to rely on another's CDD in certain circumstances. You must still be satisfied the CDD was done properly and keep your own records. Review AUSTRAC guidance or seek legal advice for your specific arrangements.
How does delayed CDD work in real estate?+
AUSTRAC's delayed initial CDD guidance states that, for real estate, a party brokering the sale, purchase or transfer may complete initial CDD on the buyer or transferee 28 days after the exchange of contracts, or at least 3 days before the initially agreed day for settlement (whichever is earliest). For auctions, delayed CDD is permitted where completing CDD before the fall of the hammer would disrupt the ordinary course of business. You must still complete initial CDD as soon as reasonably practicable.
How much does AML software cost for a conveyancer?+
AMLTranche starts at $59/month + GST on the Solo plan for single-conveyancer practices. This includes 1 seat, 5 identity verifications per month, AML/CTF program generation, sanctions screening, and the full 7-year audit trail. Annual billing saves 17%. Growth ($149/mo) and Scale ($299/mo) plans cover multi-conveyancer firms.
What happens if a conveyancer doesn't comply with AUSTRAC?+
AUSTRAC can apply for civil penalty orders from the Federal Court — up to 100,000 penalty units for the most serious contraventions, per AUSTRAC. The AML/CTF Act also contains specific criminal offences (for example, tipping off under section 123: maximum imprisonment for 2 years or 120 penalty units, or both). See AUSTRAC's Consequences of not complying.

Be AUSTRAC-ready before 1 July 2026

Purpose-built AML software for Australian conveyancers & settlement agents. Plans from $59/mo. Up and running in under an hour.

More for conveyancers

Further reading — AML for conveyancers & settlement agents