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Documentation Index

Fetch the complete documentation index at: https://docs.clearaml.com.au/llms.txt

Use this file to discover all available pages before exploring further.

Transaction monitoring lets you record financial transactions across your client base and detect patterns that may indicate money laundering or other suspicious activity. ClearAML automatically flags transactions that exceed your configured thresholds and surfaces them for review. Flagged transactions can be escalated directly to an AUSTRAC report from within the dashboard.

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The transaction monitoring dashboard

Navigate to Dashboard → Transaction Monitoring to access the transaction log. The dashboard opens with four summary cards:

Total volume

The total AUD value of all transactions currently loaded, with a count of transactions.

Flagged exceptions

Transactions auto-flagged or manually flagged for review. These require immediate attention.

Pending reviews

Transactions logged but not yet classified as cleared, flagged, or investigated.

Auto-flagging

Shows the current monitoring thresholds. Active when your monitoring rules are configured.

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Transaction statuses

Each transaction moves through a lifecycle of statuses:
StatusMeaning
PendingNewly logged. Awaiting classification.
FlaggedAuto-flagged by a threshold rule or manually flagged for review.
InvestigatedUnder active investigation or an AUSTRAC draft has been created.
ClearedReviewed and confirmed as legitimate.

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Logging a transaction manually

1

Open the log dialog

Click Log Transaction in the top-right corner of the Transaction Monitoring page.
2

Enter transaction details

Fill in:
  • Client — link the transaction to an existing client in your register.
  • Date — the date the transaction occurred.
  • Amount — the transaction value in AUD.
  • Type — the transaction type (e.g. deposit, withdrawal, transfer).
  • Cash flag — mark the transaction as cash if applicable.
  • Description — a brief description of the transaction.
3

Save

Click Save. The transaction is added to your log with a Pending status. If the amount exceeds your configured auto-flagging thresholds, it will be flagged automatically.

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Auto-flagging thresholds

ClearAML automatically flags transactions based on two configurable thresholds:
  • Cash monitoring threshold — cash transactions at or above this amount are flagged automatically. The default is $10,000 (aligning with the TTR threshold under the AML/CTF Act).
  • High-value threshold — any transaction (cash or non-cash) at or above this amount is flagged. The default is $50,000.
Amounts displayed in the Amount column turn orange when they meet either threshold. To adjust your thresholds, click the Settings icon (cog) in the top-right of the Transaction Monitoring page and update your Threshold Settings.
The $10,000 cash threshold aligns with the Threshold Transaction Report (TTR) requirement under the Anti-Money Laundering and Counter-Terrorism Financing Act 2006. Transactions at or above this amount in cash must be reported to AUSTRAC. See AUSTRAC Reporting for details.

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Searching and filtering transactions

Use the search bar to filter by description or client name. Use the status dropdown to show only Pending, Flagged, Cleared, or Investigated transactions. Flagged transactions always appear at the top of the table regardless of date.

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Taking action on a transaction

Click the three-dot menu on any transaction row to access the following actions:
Opens a dialog with the full transaction record including all metadata, flag reasons, and audit history.
All status changes — including dismissals and clearances — require a written rationale. This is a deliberate compliance safeguard. The rationale is stored permanently in your audit trail and may be requested during an AUSTRAC examination.

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Connecting transactions to AUSTRAC reporting

When you select Report to AUSTRAC, ClearAML automatically determines the report type:
  • TTR — if the transaction is marked as cash and the amount is $10,000 or more.
  • SMR — for all other suspicious transactions.
A draft report is created in the AUSTRAC Reporting Hub with the client name, amount, date, description, and any flag reasons pre-populated. You complete and lodge the report from there. See AUSTRAC Reporting for the full lodgement workflow.

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Per-client transaction view

You can also view and log transactions for a specific client from the Transactions tab on their profile page. This tab shows only transactions linked to that client and displays a count of any flagged transactions in the tab label.