AUSTRAC Reports

Structured Reporting
for TTR, IFTI & SMR

Configurable workflows for threshold transaction reports (cash ≥ $10,000), international funds transfer instructions, and suspicious matter reports — with per-firm toggles and submission reference tracking.

Overview

How It Works

AUSTRAC reporting obligations vary by firm. Not every reporting entity will handle cash transactions or international fund transfers. Sentine makes TTR and IFTI reporting configurable at the firm level — enable only the report types that are relevant to your designated services.

For TTR, when your staff identifies a cash transaction of $10,000 or more, they create a threshold transaction record within the matter. The record captures the transaction amount, currency, date, trigger reason, and detection method. Once submitted to AUSTRAC, the submission reference ID and timestamp are stored.

IFTI recording follows a similar pattern for international funds transfer instructions. Both report types support manual attestation — your staff records the reportable event and submission reference. SMR handling is managed separately through the AMLCO console and shadow case system.

Workflow

Step by Step

Follow the structured workflow from start to finish.

01

Firm Configuration

Enable or disable TTR and IFTI reporting at the firm level. SMR reporting is always enabled. Configure based on your designated services.

02

Event Detection

Staff identifies a reportable event — cash transaction ≥ $10,000 (TTR), international funds transfer instruction (IFTI), or suspicious activity (SMR).

03

Record Creation

Create a reporting record linked to the relevant matter. Capture transaction details, trigger reason, amount, currency, and date.

04

AUSTRAC Submission

Submit the report to AUSTRAC through the appropriate channel via manual attestation with reference tracking.

05

Reference Storage

Store the AUSTRAC submission reference ID and timestamp. The record tracks status from draft through submission to closure.

Capabilities

Key Features

Everything you need for this workflow, built into the platform.

Per-Firm Report Toggles

Enable TTR, IFTI, or both based on your firm's designated services. SMR reporting is always active.

TTR Capture (Cash ≥ $10k)

Structured recording for cash transactions of $10,000 or more. Captures amount, currency, date, and trigger reason.

IFTI Recording

Record international funds transfer instructions with transaction details and submission tracking.

Manual Attestation

Supports manual attestation workflows — staff records the reportable event and AUSTRAC submission reference.

Submission Reference Tracking

Store AUSTRAC submission reference IDs and timestamps for every report. Complete reporting records for audit.

SMR via Shadow Case

Suspicious matter reports are managed through the separate AMLCO console and shadow case system for tipping-off protection.

Regulatory Context

AUSTRAC Reporting Obligations

Reporting entities must submit reports to AUSTRAC when they identify reportable events: TTRs for cash transactions of $10,000 or more, IFTIs for international funds transfers, and SMRs when suspicion arises. Sentine provides structured workflows for capturing these events and tracking submissions, while keeping SMR handling architecturally isolated through the shadow case system.

  • TTR: mandatory for cash transactions ≥ $10,000
  • IFTI: mandatory for international funds transfer instructions
  • SMR: mandatory when suspicion of ML/TF arises
  • Reporting types configurable per firm based on designated services

Streamline Your AUSTRAC Reporting

Structured workflows for TTR, IFTI, and SMR — with complete submission tracking.

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