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

ClearAML 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.

ClearAML

Full AML/CTF platform

Entry price
$49.00/mo
Evidence
74%
Marketed to
Accounting, Real estate, Legal, Conveyancing
Data residency
australia

FreeAML

Verification layer

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

Choose ClearAML when...

  • Independent evaluation support (s84) is verified — FreeAML has not established it.
  • Suspicious matter report workflow is verified — FreeAML has not established it.
  • Threshold transaction reporting is verified — FreeAML has not established it.
  • Versioned AML program and CDD records is verified — FreeAML has not established it.

Choose FreeAML when...

  • AML/CTF program creation is verified — ClearAML has not established it.
  • Adverse media screening is verified — ClearAML has not established it.

Where both fit

Risk assessmentStaff trainingCustomer due diligenceKnow-your-business (entity checks)Beneficial ownership and controlElectronic identity verificationBiometric liveness and face matchDocument Verification Service (DVS) accessPEP and sanctions screeningOngoing customer monitoringAUSTRAC SMR XML exportEvidence pack export

Biggest differences

FieldClearAMLFreeAML
AML/CTF program creationNot establishedVerified
Independent evaluation support (s84)VerifiedNot established
Adverse media screeningNot establishedVerified
Automated transaction monitoring (bank-style rules)PartialNot established
Suspicious matter report workflowVerifiedNot established
Threshold transaction reportingVerifiedNot established
Program obligations calendarPartialNot established
Versioned AML program and CDD recordsVerifiedPartial
Escalation to AMLCO or manager with outcome recordedPartialNot established
Expired document alertsPartialNot established
Reliance CDD requests sent and receivedPartialNot established
Product typePlatformVerification
Data residencyaustraliaunknown

Capabilities, section by section

Program & governance

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

CDD & entity work

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

Identity verification

ClearAMLFreeAML
  • Electronic identity verification Agreed Agreed
  • Biometric liveness and face match Agreed Agreed
  • Document Verification Service (DVS) access Agreed Agreed

Screening & monitoring

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

Reporting & control

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

Evidence & extensibility

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

Tranche 2 operations

ClearAMLFreeAML
  • 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 Agreed Queried
  • Escalation to AMLCO or manager with outcome recorded Queried Not obtained
  • Expired document alerts Queried 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.

AML/CTF program creationProgram maintenance and reviewEnhanced due diligenceReliance arrangementsAdverse media screeningTipping-off controls (s123)Immutable audit logAPI access

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: ClearAML on AML Directory · FreeAML on AML Directory