Documents that count
- Individuals: driver licence, passport or other government photo ID, sighted or certified.
- Companies: current ASIC extract plus identification of directors and beneficial owners.
- Trusts: the deed, plus identification of trustees and beneficiaries or classes.
- Partnerships: the agreement and identification of partners.
Not meeting face to face
Use certified copies or an electronic verification service, note it, and rate the risk a notch higher.
What to record
- Document type and number, who verified it and when.
- Risk rating and reasons.
- Purpose of the relationship.
- Next review date.
Questions people ask
- Is our VOI record enough?
- It covers identity for e-conveyancing. AML KYC also needs beneficial owners, purpose, risk rating and review dates. See the guide on VOI versus AML CDD.
Sources
Official AUSTRAC guidance this page was checked against. The date is when we captured the page; AUSTRAC may have updated it since.
- Initial CDD for individuals · AUSTRAC, captured 12 Apr 2026
- Initial CDD for body corporate, partnership or unincorporated association · AUSTRAC, captured 07 June 2026
- Initial CDD for trust · AUSTRAC, captured 07 June 2026
This guide is general information for solicitors, conveyancers, settlement agents, not legal advice. Check AUSTRAC's current guidance for your situation.