Remittance Sector Register

04-FEB-2014

From 1 November 2011, remitters are required to apply for registration with AUSTRAC as an independent remittance dealer, remittance network provider or an affiliate of a remittance network provider.

Remitters must apply to AUSTRAC to be on the new Remittance Sector Register even if they were previously registered on the old Providers of Designated Remittance Services (PoDRS) register.

Under the AML/CTF Act, it is an offence to provide designated remittance services if an individual or business is not registered with AUSTRAC.
Registrations are issued for a set period and businesses must reapply for registration every three years.

Under the AML/CTF Act, AUSTRAC has the authority to publish details contained on the new Remittance Sector Register.

Search the Remittance Sector Register

More information

More information about remitter registration can be accessed on the remitter registration FAQs page of the AUSTRAC website.

04-FEB-2014

Related information

05-MAR-2013

Remitter registration FAQs

04-FEB-2014

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