AUSTRAC Reporting Software — SMR, TTR & IFTI

Guided drafting, pre-lodgement validation, and append-only timestamping for every report. Lodge via AUSTRAC Online with confidence — every step audit-logged.
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Key takeaways

How does ClearAML support AUSTRAC reporting?

ClearAML formats, validates, and time-stamps your SMR and TTR drafts within the platform — every report is audit-logged the moment it's created, so you can demonstrate AUSTRAC compliance regardless of when you lodge.

The three report types ClearAML supports

SMR

Suspicious Matter Report

Required when you form a suspicion that a transaction or matter relates to money laundering, tax evasion, or another serious offence. Deadline: within 3 business days of forming the suspicion (24 hours for terrorism financing).

TTR

Threshold Transaction Report

Required for cash transactions of AUD 10,000 or more. Deadline: within 10 business days of the transaction. ClearAML auto-flags transactions at or above this threshold.

IFTI

International Funds Transfer Instruction

Required from the business that sends or receives an international funds transfer instruction — generally financial institutions and remittance providers. Deadline: within 10 business days.

Why timestamping matters more than submission

The SMR compliance deadline runs from the moment you form a suspicion — not from when you lodge the report. If AUSTRAC ever questions your timing, what matters is being able to demonstrate that you identified the suspicion promptly.

ClearAML timestamps the exact moment a suspicion is flagged in the platform. This creates an append-only record of when the clock started — regardless of when the finished report is lodged via AUSTRAC Online. For the 24-hour terrorism financing deadline, this timestamp can be the difference between demonstrating compliance and facing a penalty.

Structured drafting vs Word documents

Word document approach

  • No timestamp on when suspicion was identified
  • No field validation — easy to miss required information
  • No audit log — can be edited after the fact
  • Inconsistent formatting — risk of AUSTRAC querying the report
  • Stored locally — risk of loss or version confusion

ClearAML drafting

  • Suspicion date locked in at the moment of flagging
  • Pre-lodgement field validation before export
  • Append-only audit log of every draft version
  • Consistent AUSTRAC-aligned format every time
  • Stored securely — exportable for your 7-year records

Everything you need to be compliant

Replace your fragmented spreadsheets with a purpose-built platform designed for Australian accounting firms.

Guided SMR Drafting

Structured prompts walk you through every required field in the SMR — based on AUSTRAC's published guidance — so nothing is missed before lodgement.

Suspicion Date Timestamping

The moment you flag a suspicion in ClearAML, the date and time is locked into your audit log — providing critical evidence for the 24-hour terrorism financing deadline.

TTR Automatic Flagging

Cash transactions at or above AUD 10,000 are automatically flagged for TTR reporting — reducing the risk of missing an obligation because a transaction went unnoticed.

Pre-Lodgement Validation

ClearAML checks every report for missing or incomplete fields before you export — reducing the risk of AUSTRAC rejecting a report due to formatting errors.

IFTI Support

International Funds Transfer Instruction reports are supported with the same guided drafting and audit-logging workflow as SMRs and TTRs.

Audit-Logged Drafts

Every report draft is time-stamped and stored in your append-only audit log — giving you evidence of compliance even before the report is lodged via AUSTRAC Online.

In use across Australia

ClearAML is built and run by Brive Pty Ltd (ABN 14 680 839 329), an Australian company founded in Melbourne in 2025, with a Melbourne-based support team.

Identity verifications completed
3,000+
Business (KYB) checks completed
1,000+
Firms on paid plans
100+

As at October 2026. Counted from ClearAML's own records; excludes our internal test accounts.

Simple, Transparent Pricing

Choose the plan that fits your firm size. Get started today and receive a $15 signup credit in your wallet.

Solo

Perfect for sole practitioners and micro-firms.

$49/month +GST
Get Started — Solo plan, $49/month +GST
  • 2 supported users
  • KYC checks: $8.00 per check
  • Screening: $5.00 per check
  • Monthly credits: $0
  • Email & In-App Chat
  • Full Training Modules & PDD Sign-off

Starter

Cost effective, complete compliance for small businesses.

$149/month +GST
Get Started — Starter plan, $149/month +GST
  • 10 supported users
  • KYC checks: $8.00 per check
  • Screening: $5.00 per check
  • Monthly credits: $0
  • Email & In-App Chat
  • Full Training Modules & PDD Sign-off
Most popular

Professional

Complete compliance to suit most small and medium businesses.

$299/month +GST
Get Started — Professional plan, $299/month +GST
  • 25 supported users
  • KYC checks: $8.00 per check
  • Screening: $5.00 per check
  • Monthly credits: $135
  • Priority Support
  • Full Training Modules & PDD Sign-off

Enterprise

White label solution with a big team and many more clients.

Contact Sales
Contact Sales — Enterprise plan, Contact Sales
  • Unlimited supported users
  • KYC checks: Custom Volume
  • Screening: Custom Volume
  • Monthly credits: Custom Volume
  • Dedicated Manager
  • Custom Modules & Branding

Includes continuous PEP/sanctions monitoring and one-click audit reporting. No setup fees. 14-day free trial + $15 signup credit on all plans.

Solo
Core Platform
Supported Users2
Client Risk AssessmentsUnlimited
PEPs & Sanctions Monitor
Inter-Firm Connections
Client Profile Sharing & PDF Export
Verifications
KYC Checks (ID + Screening)$8.00 per check
KYB Checks (Entity)$5 + Variable
Entity Structure & UBO Map
AI Map Extraction3 / mo, then $3 ea
Company Extracts (ASIC)$25.00 per extract
Related-Party Screening$1.00 per party
Standalone Screening$5.00 per check
Monthly Credits$0
Service & Support
Support LevelEmail & In-App Chat
Staff TrainingFull Training Modules & PDD Sign-off
Access to Alpha AML Training
Integrations
Xero Practice Manager
Starter
Core Platform
Supported Users10
Client Risk AssessmentsUnlimited
PEPs & Sanctions Monitor
Inter-Firm Connections
Client Profile Sharing & PDF Export
Verifications
KYC Checks (ID + Screening)$8.00 per check
KYB Checks (Entity)$5 + Variable
Entity Structure & UBO Map
AI Map Extraction10 / mo, then $3 ea
Company Extracts (ASIC)$25.00 per extract
Related-Party Screening$1.00 per party
Standalone Screening$5.00 per check
Monthly Credits$0
Service & Support
Support LevelEmail & In-App Chat
Staff TrainingFull Training Modules & PDD Sign-off
Access to Alpha AML Training
Integrations
Xero Practice Manager
Professional
Core Platform
Supported Users25
Client Risk AssessmentsUnlimited
PEPs & Sanctions Monitor
Inter-Firm Connections
Client Profile Sharing & PDF Export
Verifications
KYC Checks (ID + Screening)$8.00 per check
KYB Checks (Entity)$5 + Variable
Entity Structure & UBO Map
AI Map Extraction20 / mo, then $3 ea
Company Extracts (ASIC)$25.00 per extract
Related-Party Screening$1.00 per party
Standalone Screening$5.00 per check
Monthly Credits$135
Service & Support
Support LevelPriority Support
Staff TrainingFull Training Modules & PDD Sign-off
Access to Alpha AML Training
Integrations
Xero Practice Manager
Enterprise
Core Platform
Supported UsersUnlimited
Client Risk AssessmentsUnlimited
PEPs & Sanctions Monitor
Inter-Firm Connections
Client Profile Sharing & PDF Export
Verifications
KYC Checks (ID + Screening)Custom Volume
KYB Checks (Entity)Custom Volume
Entity Structure & UBO Map
AI Map ExtractionCustom Volume
Company Extracts (ASIC)Custom Volume
Related-Party ScreeningCustom Volume
Standalone ScreeningCustom Volume
Monthly CreditsCustom Volume
Service & Support
Support LevelDedicated Manager
Staff TrainingCustom Modules & Branding
Access to Alpha AML Training
White Labelling
Integrations
Xero Practice Manager

Frequently Asked Questions

Have a question? Reach out to our Melbourne-based support team.

No — reports are drafted, validated, and audit-logged within ClearAML, then lodged by you directly through your AUSTRAC Online account. What ClearAML provides is the structured drafting workflow, pre-lodgement validation, and the audit-logged timestamp that proves when you identified the suspicion — which is what AUSTRAC actually cares about from a compliance perspective.

You must lodge an SMR within 24 hours of forming the suspicion if it relates to terrorism financing, and within 3 business days after the day you form the suspicion in all other cases (up to 5 business days where you make a legal professional privilege claim). ClearAML timestamps the moment you flag a suspicion — so you have documented evidence of when the clock started, regardless of when the report is lodged.

A TTR must be lodged for each transaction involving physical currency of AUD 10,000 or more. Separate transactions aren't combined — but if you suspect a customer is splitting cash to stay under the threshold (structuring), you must lodge an SMR. The TTR must be lodged within 10 business days of the transaction. ClearAML automatically flags transactions at or above this threshold so nothing is missed.

ClearAML checks that all required fields are completed before generating the report export — including the type of suspicion, the relevant transaction details, the client's identification information, and the timing of the suspicion. This reduces the risk of AUSTRAC rejecting or querying a report due to missing information.

An International Funds Transfer Instruction (IFTI) report must be lodged by the business that sends an IFTI out of, or receives one into, Australia — generally financial institutions and remittance providers. ClearAML supports IFTI drafting with the same guided workflow and audit logging used for SMRs and TTRs. IFTIs must be lodged within 10 business days of the transfer instruction.

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