Purpose-built AML/CTF compliance for Australian jewellers, bullion dealers and dealers in precious metals, stones and products. Threshold-triggered CDD, DFAT sanctions screening, and an AML/CTF program mapped to the AUSTRAC Jeweller Program Starter Kit — all in one platform.
Under the amended AML/CTF Act 2006 and the AUSTRAC Tranche 2 reforms, Australian businesses that buy or sell precious metals, stones or products provide a designated service when specific conditions are met. From 1 July 2026 you must enrol with AUSTRAC, run a written AML/CTF program, screen customers against the DFAT sanctions list, lodge suspicious matter reports, and keep records for 7 years.
The trigger is specific — AUSTRAC states the designated service applies when the transaction is valued at $10,000 or greater and involves a single payment (or linked payments) of physical currency or virtual assets. If the purchase or sale is paid entirely by debit or credit card or bank transfer, the business is not providing a designated service.
AMLTranche handles the threshold logic, the currency constraint, and the CDD workflow automatically — so a jeweller or bullion dealer doesn't need to eyeball every transaction for whether AUSTRAC rules apply. Bullion dealers are already a Tranche 1 reporting entity category; Tranche 2 brings in a broader set of DPMSPs (dealers in precious metals, stones and products) from 1 July 2026.
All six obligations are set out in AUSTRAC's public guidance for dealers in precious metals, stones and products. AMLTranche delivers the systems you need to meet each one — mapped to the AUSTRAC Jeweller Program Starter Kit.
Register as a reporting entity through AUSTRAC Online. Enrolment opens 31 March 2026; deadline 29 July 2026.
A written, risk-based AML/CTF program with your ML/TF risk assessment, policies, procedures and controls. Appoint a fit-and-proper compliance officer.
Conduct CDD on the client on whose behalf you act (per the AUSTRAC Conveyancer Program Starter Kit) before providing the designated service.
Screen every client against the DFAT Consolidated List and PEP databases — and re-screen on list updates.
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.
Retain CDD records, screening results and compliance documents for 7 years per AUSTRAC record-keeping guidance.
Not sure if your business is caught? AUSTRAC has published sector-specific guidance for dealers in precious metals, stones and products and bullion dealers. Use the AUSTRAC eligibility tool to confirm.
Jewellers and bullion dealers need compliance that flags when a transaction crosses the AUSTRAC threshold and triggers CDD — and equally, doesn't waste staff time on transactions that don't. AMLTranche automates this logic.
Automatic flagging of single or linked transactions at or above $10,000 in physical currency or virtual assets. Card or bank-transfer-only transactions are correctly identified as outside scope.
Selfie plus document capture at the point of sale. Matches Australian driver licence or passport via secure IDV providers.
Every customer on a threshold-crossing transaction is screened against the DFAT Consolidated List and PEP databases.
Program generator follows the AUSTRAC Jeweller Program Starter Kit structure. Policies, dealing-with-clients examples, document library.
Handles jewellery, watches, items of personal adornment, and goldsmith's/silversmith's wares — per AUSTRAC's definitions.
For bullion dealers already regulated under Tranche 1, the platform covers the combined obligations and avoids duplication.
Structured intake and reviewer role-split so tipping off is prevented by design. Aligned to section 123 of the AML/CTF Act.
Every CDD action is signed and time-stamped. Data stored in AWS Sydney. Ready for an AUSTRAC examination years from now.
Program generator mirrors the AUSTRAC-published structure — so your program reads the way AUSTRAC expects for jewellers.
Automatic $10,000 threshold detection and physical-currency/virtual-asset logic, so staff don't have to work it out at the counter.
All data hosted in AWS Sydney (ap-southeast-2). 256-bit encryption, tamper-proof audit log, 7-year retention built-in.
Solo plan for single-location jewellers; Growth and Scale plans for multi-location jewellers and established bullion dealers.
One platform for both the long-standing bullion-dealer obligations and the new Tranche 2 obligations.
From $59/mo + GST. No feature gating. Annual plans save 17%.
Every plan includes AUSTRAC enrolment support, AML/CTF program generation mapped to the Jeweller Starter Kit, DFAT sanctions screening, PEP screening, and 7-year audit trails. Annual billing saves 17%.
Single-location jewellers. 1 seat, 5 IDV verifications/mo.
Multi-location jewellers or bullion dealers. 5 seats, 20 IDV verifications/mo.
Large jewellery groups & established bullion businesses. 15 seats, 50 IDV verifications/mo.
Purpose-built AML software for Australian jewellers, bullion dealers and dealers in precious metals, stones and products. From $59/mo. Mapped to the AUSTRAC Jeweller Program Starter Kit.
The official AUSTRAC Starter Kit for small jewellery businesses.
Read guide →AUSTRAC's hub for dealers in precious metals, stones and products.
Read guide →AUSTRAC's hub for bullion dealers (Tranche 1 reporting entities).
Read guide →Step-by-step AUSTRAC Online enrolment walkthrough.
Read guide →AUSTRAC consequences of not complying.
Read guide →How to use AUSTRAC's sector-specific Starter Kits.
Read guide →