AML/CTF Policy

Last updated: 18th September 2025

This policy outlines how BitcoinAustralia.com complies with Australia’s Anti-Money Laundering and Counter-Terrorism Financing laws and our obligations to AUSTRAC.

Our commitments

• Maintain a risk-based AML/CTF Program and compliance officer
• Perform customer due diligence (KYC) and ongoing monitoring
• Keep transaction and verification records as required by law
• Report suspicious matters and threshold transactions to AUSTRAC
• Train staff and review controls regularly

Customer due diligence

We verify customer identity using reliable, independent sources and may request additional documents (e.g., proof of address) before enabling higher limits.

Transaction monitoring

We monitor for unusual behaviour, structuring, third-party payments, and other red flags. We may delay, decline, or freeze orders pending review.

Sanctions & prohibited use

We screen against sanctions and do not support activity that breaches Australian law or international sanctions regimes.

Record keeping

We keep KYC and transaction records for the statutory periods and make them available to regulators where required.

Contact

AML/CTF enquiries: compliance@bitcoinaustralia.com.