AML compliance made clear
The AML/CTF compliance solution that keeps your business moving.
Meet your Tranche 2 obligations with PEXA Clear – a complete AML & CTF compliance solution for lawyers, conveyancers and real estate agents from Australia's leaders in digital property transaction innovation.
How it works
Most AML tools stop after ID verification, KYC checks and screening. PEXA Clear takes you further: it helps you identify risks, provides practical next steps to mitigate those risks, and keeps an audit-ready record for reporting and review.
Verify identity
Captures and verifies your client's identity, usually via a selfie matched to their uploaded government-issued ID.
Know your client (or business)
Confirms your client's government issued ID exists using Australian 2+2 standards (2 pieces of information from 2 independent data sources).
Screening
Performs PEP, Sanction and Adverse Media Checks to screen and monitor individuals against local and international data sources to help detect potential connections to criminal activity.
Identify risk
Uses collected client and property information to assess the overall risk level of the transaction and shows the reason for the rating. Continues to monitor information to capture any changes that may impact the risk rating.
Resolve risk (guided next steps)
When a risk is identified, the product guides you through actions to mitigate it, for example what to request or document, and when to consider escalation steps including submitting a Suspicious Matter Report (SMR).
Reporting & audit
Captures what checks were completed, what evidence was collected, and why decisions were made, helping support annual and ad-hoc AUSTRAC reporting and giving you a clear audit trail if you're ever asked to demonstrate compliance.
What you get at the end of each check
- •A risk rating that considers the client and the property context
- •The key risk drivers (what triggered the rating)
- •Recommended actions to resolve risk, with prompts you can follow
- •Monitoring of changes that may impact the risk rating
- •A record of findings you can retain for reporting and audit
How PEXA Clear is different to other providers
Most AML providers focus on the first steps of compliance: verifying identity, basic KYC checks, and screening.
PEXA Clear goes further by helping you manage the full AML risk lifecycle for property transactions:
- •Connects client and transaction information, and explains why something is high risk
- •Guides you through the next steps and recommended actions
- •Continuously monitors transaction risk right through to settlement
- •Provides a reportable audit trail of key information and actions taken, aligned to AUSTRAC reporting expectations
Built with FrankieOne. Designed for property.
PEXA Clear combines PEXA's deep understanding of property transactions with FrankieOne's orchestration capability across identity and business verification to deliver a solution that's consistent, reliable, and fit for day-to-day use. It helps conveyancers, lawyers, and real estate agents meet evolving AML obligations with less friction and clearer guidance when risk requires attention.
Pricing
No lock-in contracts, sign-up fees or subscriptions. PEXA Clear is priced per transaction, so you only pay when you use it and costs stay in line with your business's volume.
Prices for Real Estate Agents, Lawyers and Conveyancers:
$40 for AU/NZ Individuals
$65 for AU/NZ Businesses*
Book a demo
PEXA Clear is built to bring clarity to AML complexity. Get your business ready to hit the ground running with a demonstration of the intuitive AML compliance solution from Australia's leading digital property innovators.
Get in touch
Got questions? Our expert team can help. Get in touch with us via email at contact@pexaclear.com.au