Precious Metals
AML Compliance for Precious Metals Dealers
Specialized compliance platform for bullion dealers and precious metals traders facing Tranche 2 requirements.
Get your free trialTranche 2 Changes Everything for Precious Metals
From 1 July 2026, precious metals businesses are expected to need AML/CTF compliance programs. Instant Compliance helps make the transition smoother.
Industry Challenges
- •High-value cash transactions common in precious metals trading
- •Bullion being used as a store of value for illicit funds
- •Structuring of transactions to avoid reporting thresholds
- •Anonymous purchases and sales requiring enhanced scrutiny
- •Cross-border movement of precious metals and value transfers
Your Obligations
- Customer identification for all bullion purchases and sales
- Enhanced due diligence for large or suspicious transactions
- Threshold transaction reporting for cash and high-value sales
- Ongoing transaction monitoring for unusual patterns
- Suspicious matter reporting for potential money laundering
- Record-keeping for all transactions and customer interactions
Our Solutions
- Point-of-sale workflows designed for precious metals dealers
- Automated threshold transaction detection and reporting
- Cash transaction monitoring and pattern analysis
- Real-time customer risk scoring and verification
- Inventory tracking linked to customer transactions
- Direct AUSTRAC reporting capabilities for precious metals dealers
Purpose-Built for Precious Metals Professionals
Every feature designed to address the specific compliance needs of your industry
Customer Verification
Identity verification and due diligence tools tailored to your industry workflows.
Risk Assessment
Industry-specific risk scoring and profiling based on sector-specific risk factors.
Transaction Monitoring
Monitor transactions for patterns and thresholds relevant to your business type.
🇦🇺 AUSTRAC Reporting
Streamlined suspicious matter and threshold transaction reporting capabilities.
Compliance Program
Pre-built AML/CTF program templates specific to your industry requirements.
Audit Ready
Comprehensive record-keeping and audit trails meeting all regulatory standards.
What Precious Metals Businesses Must Do for Tranche 2
Key preparation steps to ensure compliance by July 1, 2026
Develop AML/CTF Programs
Create comprehensive compliance programs tailored to your business operations and risk profile.
By July 1, 2026Implement CDD Procedures
Establish customer due diligence procedures including identification and verification processes.
Before onboardingTransaction Monitoring
Set up systems to monitor transactions for suspicious activity and reporting thresholds.
Ongoing requirementStaff Training
Train all staff on AML obligations, red flags, and reporting procedures.
Regular trainingIndustry-Specific Integrations Coming Soon
We're building seamless integrations with the software platforms precious metals professionals use every day. Want to see your platform integrated first?
Request an IntegrationReady to Prepare Your Precious Metals Business?
Get Tranche 2 ready with Instant Compliance. Sign up for free until June 1st!
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