⚖️ AMLCost

AML Compliance Cost Calculator

Estimates for planning — see methodology notes at the bottom of the home page.

Estimated upfront cost
$600$3,300
Estimated annual ongoing
$2,108$9,200

Upfront breakdown

AUSTRAC enrolment
Free — but mandatory (deadline for new entities was 29 July 2026)
Free
Program setup (software templates)
$500–$2,000
Staff training setup
$100–$800
KYC / ID-verification tool onboarding
$0–$500

Annual breakdown

Compliance software subscription
~$59–300/month per vendor claims
$708$3,600
Ongoing staff training (refreshers)
$100$600
Independent review (Part B, as required)
Periodic — amortised annually
$800$3,000
Internal compliance time
AUSTRAC reporting, record-keeping, SMR/ITR lodgement
$500$2,000

AML SaaS (KYC checks, program templates, reporting) — vendors advertise from ~$59/month.