Is the "AML On Demand" outsourcing service charged on top of subscription?
AML on Demand is opt-in and charged on top of the monthly subscription plus standard KYC and KYB costs
Yes - AML On Demand (the easyAML team performing CDD and KYC/KYB workflows on the firm's behalf) is an opt-in service charged in addition to the monthly subscription.
Pricing is $50+GST per transaction outsourced, plus the standard KYC/KYB costs for each check performed.
What this covers: easyAML's team takes over the matter, contacts the end client, walks them through the VOI flow, handles ID document follow-ups, runs the source-of-funds workflow where Enhanced Due Diligence is triggered, reviews off the transaction, and only escalates back to the firm if they can't reach the client or need clarification on something matter-specific. Particularly popular with real estate agents who want CDD to happen without their sales reps managing it.
The customer remains the legal reporting entity even when outsourcing the work - AML On Demand removes the day-to-day operational load, not the regulatory accountability.