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Does easyAML offer fully outsourced CDD?

Yes, AML on Demand sits on top of the existing easyAML plan; pay $50 per outsourced matter plus standard KYC/KYB costs.

Overview

Yes. AML on Demand is an opt-in service that sits on top of your existing easyAML plan. You only pay when you actually outsource a transaction - no separate subscription, no lock-in, no minimum commitment, and no obligation to outsource everything (or anything). Outsource one transaction, every transaction, or anywhere in between, and switch between self-serve and outsourced however suits your team.

Pricing

AML on Demand is charged at $50 per outsourced transaction (the service fee), plus standard KYC and KYB verification costs at your plan's rates ($15+GST KYC and $35+GST KYB on Professional and Enterprise; $20+GST KYC and $40+GST KYB on Starter). The KYC/KYB charges are the same checks you'd pay for processing the transaction yourself - outsourcing just adds the $50 service fee on top. The fee is per transaction, not per client, so a client with multiple transactions is charged $50 for each one outsourced. Most firms pass the fee through to their clients as an itemised disbursement, like a title search or background check.

What the service fee includes

The easyAML advisory team takes the prep work off your desk for each outsourced matter:

  • Contacting the end client and walking them through the VOI/KYC flow
  • Following up on missing or unclear ID documents
  • KYB for companies, trusts and other legal arrangements - including UBO drill-down, beneficial owner verification and controller verification
  • Running sanctions, PEP and adverse-media screening
  • Where Enhanced Due Diligence is triggered, gathering the additional source-of-funds and supporting information
  • Preparing the compliance file and audit trail, and recommending next steps for your review

Typical turnaround from clicking "Outsource" to a prepared file in your queue is under 4 business hours.

What stays with you

Outsourcing the prep doesn't outsource the responsibility. Your business remains the legal reporting entity for AML/CTF purposes, and every prepared file comes back to you for review - you decide whether to approve, reject or escalate, and you sign off on any reporting required. You'll also still need an AML/CTF Compliance Officer; that regulatory requirement doesn't change. What changes is what your CO spends time on: reviewing prepared outcomes and approving decisions rather than running verifications and chasing documents - typically a much smaller commitment. Full detail, with the step-by-step process and use-case examples, is at easyaml.com/outsourcing.

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