Korvos AML
$99/month, unlimited seats, AUSTRAC Tranche 2 aligned — the full compliance stack, in force since 1 July 2026. Here's everything included, and how it compares to the market.
How the wedge works
Switch on buyer-pays and buyers pay $25 per KYC at verification — 100% credits 1:1 against your subscription, up to $99 a month. Above the cap, buyers are still charged and Korvos keeps the difference. Your subscription never rises.
Korvos AML
Most chosen
Unlimited working seats · viewers free
Locked at this rate while your subscription stays active.
Per-check rates
One predictable price per check, charged to the buyer at verification once buyer-pays is on. The KYB price auto-selects from the captured ownership structure — one price per company, never a stacked extract invoice.
KYC
Individual
ID document check against the issuer's records, sanctions and PEP. One bundled charge.
KYB simple
Every owner a person
Every beneficial owner is an individual named on the entity's ASIC extract. One price per company. Rolling out.
KYB complex
Owned through another entity
Ownership runs through at least one other company or trust, traced layer by layer to the people behind it. Rolling out.
Compared with the market
Korvos publishes its prices: $25 inc GST for the bundled KYC, and $25 or $45 for KYB. Across the AU AML/CTF platform market, per-check pricing is mostly quote-on-request.
| Korvos | Other AU AML platforms | |
|---|---|---|
| KYC bundle (inc GST) | $25 | Typically higher |
| Monthly subscription | $99 flat | Typically higher |
| Buyer-pays + 100% credit-back | Yes | Rare |
| Published KYB prices | Yes | Mostly opaque |
| AU real-estate-only vertical | Yes | Mostly horizontal |
“Other AU AML platforms” covers the standalone AML/CTF compliance segment serving Australian real estate — both vertical-AML tools and the horizontal compliance platforms repositioned for the Tranche 2 deadline. Comparisons draw on public listings and an ongoing scan of the AU AML/CTF platform market; per-platform pricing is mostly quote-on-request, so the market is described in general terms rather than by vendor prices.
Everything you get
Every row is included in the single $99/month plan, and maps to a specific obligation under the AML/CTF Act 2006 and the Rules 2025.
Programme & risk
Buyer-pays + credit-back (the wedge mechanic)
Customer due diligence
Statutory reporting
Records, audit & storage
Roles & access
Support
What the law requires
The capability list above isn't a set of toggles. Each one maps to a specific obligation under the AML/CTF Act 2006 and the Rules 2025.
Under AUSTRAC Rules 2025 every reporting entity has exactly one designated AMLCO — named in the programme, fit-and-proper assessed, with sign-off authority on suspicious matter reports and customer due diligence outcomes. Switching the AMLCO is an audit event (appointment record, governing-body resolution, standing-delegation update), not a checkbox.
Part A / Part B is abolished under the 2025 Rules. The programme is structured around four mandatory risk factors — customer, service, channel, geographic — and Korvos prompts an annual review. Every risk rating is grounded in source evidence the principal can audit.
Every Korvos AML/CTF programme is structured to the 12 components AUSTRAC examiners are trained to look for, in the order their guide lays them out. When an examiner opens your programme, they find each component exactly where they expect — not buried in a 22-section legal recital.
Every AML/CTF event — KYC outcome, decision card, programme amendment, SMR draft — is written once and chained to the previous record by hash. INSERT and SELECT only at the PostgreSQL level: no UPDATE, no DELETE, ever. A regulator can verify the chain end-to-end in seconds.
Produce a single ZIP containing your current programme, the 4-factor risk assessment, every decision card with its evidence trail, the hash-chained record bundle, and the programme-amendment history. One click. Examiner-ready.
The legal basis for Korvos to do agency-internal work without per-field approval — granted when you accept the Terms (section 4), and never covering the decisions the law reserves for your licensed people.
Sanctions and PEP lists update without warning — DFAT publishes designations, OFAC adds names, AUSTRAC issues alerts. Korvos re-screens every customer against the updated lists automatically as they change. Hits surface as decision cards; the standing customer file stays current without manual sweeps.
Questions
GST-inclusive AUD. Cancel any time. Your price never changes while your subscription stays active.
All prices in Australian dollars, GST-inclusive unless marked. Your subscription price is locked at the rate you signed up at for as long as the subscription remains continuously active — we do not run promotions or discounts, and we do not migrate existing subscribers when the list price changes. Buyer payments process through Stripe at 1.7% + $0.30 GST-inclusive — no additional platform fee. Korvos is not a registered tax or legal advisor — independent review and AMLCO appointment remain your obligations under the Act.