If you provide a remittance or virtual asset service, you must register with us. Find out how to register after you’ve enrolled with us.
On this page
This page will show you how to register your business after enrolment. If you haven’t already enrolled, find out how to enrol a new business with us.
Details you need
Have the following details to help you complete your registration form application:
- the registrable designated services the business will provide
- all beneficial owners of the business, and key personnel involved in running the business
- serious offences of your business or key personnel
- an understanding of the risks with money laundering and terrorism financing the business presents and how your business will mitigate those risks
- details of your AML/CTF program and policies
- information about any third-party agreements or arrangements related to your AML/CTF functions (if applicable)
- virtual asset service foreign registrations (if applicable)
- remittance foreign registrations (if applicable)
- affiliate registrations (if applicable)
Registering a business
After you have enrolled with AUSTRAC and told us you intend to provide remittance or virtual asset services, you will receive an email with instructions on how to register with us. The email includes a PDF form you will need to fill out and return to us. It also includes instructions and guidance on how to fill out the form.
If you are registering as a:
- virtual asset service provider (VASP)
- independent remittance dealer (IND)
- remittance network provider (RNP)
You will need to complete a separate application form for each registration you require.
If you also intend to provide remittance services as an affiliate (AFF) of an RNP you have 2 options:
- You can complete the relevant questions while completing your registration as an independent remittance dealer, or if you are already registered as an independent remittance dealer.
- Your RNP is required to submit an affiliate registration application on your behalf. The RNP must contact AUSTRAC to obtain the relevant registration application.
This guidance sets out how we interpret certain Australian legislation, along with associated Rules and regulations. Australian courts are ultimately responsible for interpreting these laws and determining if any provisions of these laws are contravened.
The examples and scenarios in this guidance are meant to help explain our interpretation of these laws. They’re not exhaustive or meant to cover every possible scenario.
This guidance provides general information and isn't a substitute for legal advice. This guidance avoids legal language wherever possible and it might include generalisations about the application of the law. Some provisions of the law referred to have exceptions or important qualifications. In most cases your particular circumstances must be taken into account when determining how the law applies to you.