easyAML vs First AML

Data last checked 18 July 2026 · how we compare

The verdict

Most small Tranche 2 firms should start with easyAML; most mid-size and larger firms with complex client structures should take the First AML sales call. This isn't a points decision — they're different product shapes. easyAML is an all-in-one subscription with published, itemised pricing (from $179/month +GST plus per-check fees, on a 12-month term) that covers the breadth of a small firm's program: risk assessment, policies, due diligence, records and training. First AML is an enterprise customer-due-diligence specialist with a managed verification option that takes the work off your desk entirely — priced by quote on annual contracts, with no published Australian rate card.

The decision rule: if your clients are mostly individuals and simple companies and you want one predictable bill, easyAML's transparency wins — you can price it to the dollar before a single sales conversation. If your files run to trusts, layered entities and offshore beneficial ownership, First AML's depth and NZ-proven operation justify the sales cycle — walk in with your check volumes and easyAML's rate card as the anchor. Coverage beyond CDD is Unverified for First AML in Australia, so get it documented in writing either way.

Side by side

	easyAML	First AML
Pricing	From A$179 · subscription + per-check	enterprise / quote
Sectors	Real estate, Conveyancers, Legal practitioners, Accountants	Legal practitioners, Accountants, Real estate, Trust & company service providers
AUSTRAC enrolment	Unverified	Unverified
ML/TF risk assessment	Yes	Unverified
AML/CTF program & policies	Yes	Unverified
Initial customer due diligence	Yes	Yes
Ongoing CDD & monitoring	Yes	Partial
Suspicious matter reports	Unverified	Unverified
Threshold transaction reports	Unverified	Unverified
Record keeping	Yes	Partial
Staff training	Yes	Unverified
Compliance officer & governance	Partial	Unverified
Independent evaluation	Unverified	Unverified

What actually separates them

Pricing transparency: easyAML publishes an itemised rate card (from $179/mo +GST, per-check fees on top); First AML is quote-only on annual enterprise contracts — no published AU pricing (Jul 2026).
Product shape: easyAML is software you operate; First AML offers a managed verification service that does the CDD work for you.
Coverage breadth vs depth: easyAML spans risk assessment, program, CDD, records and training; First AML's confirmed strength is CDD — the rest is Unverified for Australia.
Complexity ceiling: First AML is built for trusts, layered entities and offshore beneficial ownership; easyAML targets the standard files of small-firm practice.
Contract terms: easyAML runs a 12-month subscription term per its own FAQ; First AML contracts annually at enterprise scale.
Track record: First AML operated for years under New Zealand's equivalent regime; easyAML is AU-native, built on Scantek's ISO 27001, Australian-hosted identity infrastructure.

Common questions

Which is cheaper, easyAML or First AML?

Only one side of that comparison is public. easyAML publishes its pricing — from $179/month +GST plus $20 per KYC check on the entry tier (easyaml.com/pricing, Jul 2026). First AML doesn't publish Australian pricing at all; third-party reporting describes a high annual enterprise fee, which we treat as unverified. For most small firms the practical answer is that easyAML is the budgetable option — and if you take a First AML quote, use the published rate card as your anchor.

Which should a small firm choose?

Usually easyAML, and not mainly on price: its subscription covers the program breadth a small firm has to stand up — risk assessment, policies, checks, training — while First AML's annual enterprise contracts are built for bigger operations. The exception is a small firm whose client base is disproportionately trusts and layered structures; that's the file mix where First AML's specialist depth and managed service can earn a premium.

Which handles trusts and complex entities better?

First AML — complex customer due diligence is its centre of gravity: trusts, layered corporate entities, offshore beneficial ownership, backed by years under New Zealand's equivalent regime, with a managed option where its team untangles ownership for you. easyAML's verification runs on Scantek's identity infrastructure and suits standard client files; for genuinely complex structures, the specialist is the safer bet. Both full reviews are linked below.