Remittance Sector Register
- Reconsideration of an AUSTRAC decision
- Suspension of registration of remittance providers
- Refusal to renew the registration of remittance providers
- Cancellation of registration of remittance providers
- Cancellations/refusals revoked by AUSTRAC
Remittance service providers in Australia are required to apply to AUSTRAC for registration.
It is an offence to provide designated remittance services if an individual or business is not registered with AUSTRAC.
To check if a remitter is registered, please search the Remittance Sector Register (RSR).
AUSTRAC Chief Executive Officer (CEO) may suspend or cancel the registration of a designated remittance provider from the RSR if satisfied that it is appropriate to do so having regard to:
- whether the continued registration of the person involves, or may involve, a significant money laundering, financing of terrorism or, people smuggling risk or other serious crime risk; or
- one or more breaches by the person of a condition of registration; or
- other matters as are specified in the Anti-Money Laundering and Counter-Terrorism Financing Rules Instrument 2007 (No.1) (AML/CTF Rules).
Reviewable decisions are set out in section 233B of the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (AML/CTF Act). A person affected by a reviewable decision may apply to the AUSTRAC CEO for the decision to be reconsidered. The application must be made within 30 days from when the applicant is informed of the decision.
Application to review an AUSTRAC decision (Word 71KB)
A remittance service provider whose registration is suspended under 59.2 of the AML/CTF Rules may apply to the AUSTRAC CEO for the decision to be reviewed. The application must be made within 14 days after receiving the suspension notice.
Actions to suspend registration on the RSR are undertaken pursuant to paragraph 59.2 of the AML/CTF Rules.
|26 September 2014||Bisotel Rieh Pty Ltd|
|19 September 2014||Bisotel Rieh Pty Ltd|
|17 September 2014||Bisotel Rieh Pty Ltd|
|17 October 2014||AVSForex Pty Ltd|
|27 July 2015||Global Forex (Perth) Pty Ltd|
|15 December 2015||Weigang Li & Dongfang Tan (trading as Empire Milk Bar)||
Notice not published
|15 December 2015||Narinder Singh (trading as Star Link Travel)||Notice not published|
|11 May 2016||Korea Pty Ltd||Notice not published|
|11 May 2016||ToKorea Pty Ltd||Notice not published|
|11 May 2016||Forex Sydney Pty Ltd||Notice not published|
|30 May 2016||Vision Rehoboth Pty Ltd (trading as City Kowon)||Notice not published|
|15 June 2016||Safir Pty Ltd (remittance network provider)||Notice not published|
|15 June 2016||Safir Pty Ltd (independent remittance provider)||Notice not published|
|15 June 2016||SMX Services Pty Ltd||Notice not published|
|15 June 2016||Mujtaba Musawi||Notice not published|
|29 July 2016||Mujtaba Musawi||Notice not published|
|29 August 2016||Mujtaba Musawi||Notice not published|
|5 April 2018||Wiky Australia Pty Ltd||Notice not published|
Actions to refuse an application for renewal of registration on the RSR are undertaken pursuant to paragraph 70.9 of the AML/CTF Rules.
|27 July 2015||Global Forex (Perth) Pty Ltd|
|29 July 2016||
Safir Pty Ltd (independent remittance provider)
Actions to cancel registration on the RSR are undertaken pursuant to section 75G of the AML/CTF Act.
|14 April 2014||Fast Exchange Pty Ltd|
|14 July 2014||KMT Sydney Pty Ltd|
|8 October 2014||S K Trading (NSW) Pty Ltd|
|10 November 2014||Bisotel Rieh Pty Ltd|
|20 November 2014||AVSForex Pty Ltd|
|17 December 2014||Ocean Pass Finance Pty Ltd|
|3 February 2015||Moazo Pty Ltd|
|3 February 2015||Billion Trend Forex Pty Ltd|
|5 May 2015||FNF First National Finance Pty Ltd|
|26 August 2015||Estefa Milka Honores (American Cash Service)|
|28 September 2015||Sinoaust Pty Ltd|
|27 January 2016||Oakwood Sydney Pty Ltd|
|18 March 2016||Marco Traiding Pty Ltd|
|23 March 2016||Narinder Singh (trading as Star Link Travel)|
|12 April 2016||Yousif Murad|
|9 June 2016||Korea Pty. Ltd|
|9 June 2016||Forex Sydney Pty Ltd|
|27 June 2016||ToKorea Pty Ltd|
|29 June 2016||Vision Rehoboth Pty Ltd|
|29 July 2016||Safir Pty Ltd (remittance network provider)|
|29 July 2016||SMX Services Pty Ltd|
|11 October 2016||Mujtaba Musawi|
|23 October 2017||Abdullah Mosawi|
|6 December 2018||Ghadir Group Pty Ltd|
|6 December 2018||Treasure Chest Trading Pty Ltd|
|Date (if applicable)||Entity name||Further action|
|17 December 2015||Estefa Milka Honores (American Cash Service)||Registered with conditions imposed|
|24 October 2017||Global Forex (Perth) Pty Ltd||Registered with conditions imposed|