AML/CTF Tranche 2 — Effective 1 July 2026

Not Registered with AUSTRAC by July 1? That's an Immediate $16,000 Fine.

Real estate agents and conveyancers must be registered with AUSTRAC and have identity verification in place for every buyer and seller. The fine is immediate — and the regulator will be actively looking to see who is compliant from day one.

Up and running within 24 hours. Transaction-based pricing — no lock-in.

See It In Action

Getting compliant doesn't have to slow your business down

Watch how Ratify ID makes identity verification simple, fast, and fully AUSTRAC-compliant for real estate agents and conveyancers.

$16,000
Minimum fine for non-registration
with AUSTRAC from 1 July 2026

Larger penalties apply beyond the initial fine. AUSTRAC will be actively reviewing compliance from day one — not waiting to see who catches up.

Why Property Professionals Trust Ratify ID

Keep deals moving. Stay compliant.

Stay protected.

Accelerate

Accelerate Property Transactions

Don't let compliance slow down your deals. With Ratify ID, your clients verify their identity entirely on their phone. What used to take potentially weeks of chasing documents now takes minutes. If they already have Ratify ID, verification takes seconds.

Protect Your Agency from Data Breaches

Collecting and storing physical passports and driver's licences puts your agency at risk. Using Ratify ID means you don't hold the data. The identity is verified and securely created within the app, drastically reducing your exposure to data breaches.

Bulletproof Audit Trails

AUSTRAC will be actively reviewing compliance. If you are audited, digging through filing cabinets or disjointed digital folders is a nightmare. Ratify ID holds your complete audit trail within our system, so proving your compliance is simple and immediate.

Future-Proof Your Business

Future-Proof Your Business As an accredited digital ID under the Digital ID Act, Ratify ID meets the strictest regulatory requirements — and evolves as those requirements change. Having Ratify ID in place now puts you at the forefront of the industry.

Simple Process

Up and running in 24 hours

01

Reach Out

Contact us at ratifyid.com or call us directly.

02

Demonstration

We walk you through the system with a live demo.

03

Onboarding

Sign terms, receive full training for your team.

04

Go Live

Start verifying clients within 24 hours.

Don't risk the fine. Don't risk the audit.

Whether you settle one property a month or dozens, our system is scalable and works on a simple transaction basis. Get Ratify ID in place now.

Visit ratifyid.com — we'll have you up and running within 24 hours.