SubjectTwo records, worked side by side
Records checked to8 October 2026
FreeAML vs Syntrico
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.
FreeAML
Verification layer
- Entry price
- $20.00/check
- Evidence
- 55%
- Marketed to
- Accounting, Real estate, Conveyancing, Legal
- Data residency
- Not established
Syntrico
Full AML/CTF platform
- Entry price
- $149.00/mo
- Evidence
- 74%
- Marketed to
- Real estate, Legal, Conveyancing, Accounting, Precious metals & stones, Other
- Data residency
- australia
Choose FreeAML when...
- Biometric liveness and face match is verified — Syntrico has not established it.
- Document Verification Service (DVS) access is verified — Syntrico has not established it.
- AUSTRAC SMR XML export is verified — Syntrico has not established it.
Choose Syntrico when...
- Automated transaction monitoring (bank-style rules) 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.
- Expired document alerts is verified — FreeAML has not established it.
Where both fit
AML/CTF program creationRisk assessmentStaff trainingCustomer due diligenceKnow-your-business (entity checks)Beneficial ownership and controlElectronic identity verificationPEP and sanctions screeningAdverse media screeningOngoing customer monitoringEvidence pack export
Biggest differences
| Field | FreeAML | Syntrico |
|---|---|---|
| Program maintenance and review | Not established | Partial |
| Independent evaluation support (s84) | Not established | Partial |
| Enhanced due diligence | Not established | Partial |
| Biometric liveness and face match | Verified | Not established |
| Document Verification Service (DVS) access | Verified | Not established |
| Automated transaction monitoring (bank-style rules) | Not established | Verified |
| Suspicious matter report workflow | Not established | Verified |
| AUSTRAC SMR XML export | Verified | Not established |
| Threshold transaction reporting | Not established | Verified |
| API access | Not established | Partial |
| Escalation to AMLCO or manager with outcome recorded | Not established | Partial |
| Expired document alerts | Not established | Verified |
| Product type | Verification | Platform |
| Named integrations | 0 named | 1 named |
Capabilities, section by section
Program & governance
FreeAMLSyntrico
- AML/CTF program creation Agreed Agreed
- Program maintenance and review Not obtained Queried
- Risk assessment Agreed Agreed
- Independent evaluation support (s84) Not obtained Queried
- Staff training Agreed Agreed
CDD & entity work
FreeAMLSyntrico
- Customer due diligence Agreed Agreed
- Know-your-business (entity checks) Agreed Agreed
- Beneficial ownership and control Agreed Agreed
- Enhanced due diligence Not obtained Queried
- Reliance arrangements Not obtained Not obtained
Identity verification
FreeAMLSyntrico
- Electronic identity verification Agreed Agreed
- Biometric liveness and face match Agreed Not obtained
- Document Verification Service (DVS) access Agreed Not obtained
Screening & monitoring
FreeAMLSyntrico
- PEP and sanctions screening Agreed Agreed
- Adverse media screening Agreed Agreed
- Ongoing customer monitoring Agreed Agreed
- Automated transaction monitoring (bank-style rules) Not obtained Agreed
Reporting & control
FreeAMLSyntrico
- Suspicious matter report workflow Not obtained Agreed
- AUSTRAC SMR XML export Agreed Not obtained
- Tipping-off controls (s123) Not obtained Not obtained
- Threshold transaction reporting Not obtained Agreed
Evidence & extensibility
FreeAMLSyntrico
- Evidence pack export Agreed Agreed
- Immutable audit log Not obtained Not obtained
- API access Not obtained Queried
Tranche 2 operations
FreeAMLSyntrico
- Risk assessed per designated service Queried Queried
- Ongoing monitoring triggered by designated service and risk Queried Queried
- Program obligations calendar Not obtained Not obtained
- Versioned AML program and CDD records Queried Queried
- Escalation to AMLCO or manager with outcome recorded Not obtained Queried
- Expired document alerts Not obtained Agreed
- Reliance CDD requests sent and received Not obtained 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)Enhanced due diligenceReliance arrangementsAutomated transaction monitoring (bank-style rules)Suspicious matter report workflowTipping-off controls (s123)Threshold transaction reporting
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 youProvider facts checked through 8 October 2026. Source records: FreeAML on AML Directory · Syntrico on AML Directory