What does the KYB unit price include?

Overview

Each easyAML KYB delivers a full ASIC entity verification (or foreign-registry equivalent) plus the ownership unwrap required to identify Ultimate Beneficial Owners (UBOs) - the natural people who ultimately own or control the entity. AUSTRAC's CDD rules require you to verify UBOs, not just the entity at the front of the structure, so the unwrap is what turns a company search into compliant Know Your Business evidence.

What a single KYB covers

Live ASIC data pulled directly from source: entity name and ACN/ABN, current status, registered office, directors, secretaries, shareholders, and the "beneficially held" flag on each shareholding (which tells you whether a holding is held for the shareholder's own benefit or on trust for someone else). The platform then traces the ownership chain through any corporate layers until every line of ownership terminates in a natural person. All data, screening and decisions are time-stamped and stored in your audit trail automatically.

How the unwrap works step by step

Start a KYB transaction and enter the company/business/trust name, ABN or ACN; the platform searches ASIC in real time.
ASIC confirms the entity exists and returns its status, registered office, directors, secretaries and shareholders.
The platform identifies shareholders holding 25% or more (AUSTRAC's beneficial-ownership threshold) plus anyone exercising control.
Where a corporate shareholder is found, the platform unwraps that company as a separate KYB layer, continuing until every layer ends in a natural person.
If the unwrap reaches a trust, partnership or SMSF, it pauses and prompts for the trust deed or partnership documents; trustees, appointor and beneficiary classes are then extracted automatically from the document.
Once all natural-person controllers are identified, the platform prompts staff to send KYC links to each one. PEP, sanctions and adverse-media screening runs on every identified controller.

Pricing

$35+GST per KYB on Professional and Enterprise; $40+GST on Starter. Each layer of the ownership unwrap is a separate KYB, so cost reflects the depth of the structure: a single Pty Ltd is 1 KYB; a Pty Ltd owned by a holding company is 2 KYBs; a Pty Ltd owned by a holding company owned by a trust is 2 KYBs plus the trust handling. Each natural person identified at the end of a chain is then a separate KYC at the standard rate (from $15+GST on Pro/Enterprise, $20+GST on Starter). The per-layer model keeps costs proportional to the real verification work - a flat fee would either overcharge simple structures or undercharge complex ones.

Depth and offshore jurisdictions

The platform defaults to 3 layers of unwrap, raisable to 10 for unusually deep structures; the unwrap stops automatically once all UBOs are identified, so most structures complete inside the default. Most countries are covered at Tier 1 cost (the same as an Australian company KYB); Tier 2 and Tier 3 pricing applies for some offshore registers with higher access costs. See AUSTRAC's Trust and corporate services designated services page.