Best AML software for accountants UK 2026

AML software helps accountants carry out customer due diligence: verifying client identity, screening for PEPs and sanctions, recording risk assessments and keeping an audit trail. UK products charge mainly per check, from about £2.50 to £8, and some add a monthly or annual licence. This page lists six providers alphabetically with prices from their own sites, checked on 6 November 2026; it is a comparison, not a ranking.

What must AML software help you do?

It must help you meet the customer due diligence rules in regulation 28 of the Money Laundering Regulations 2017. Under regulation 28 you must:

• identify and verify the client, and any agent acting for them
• identify beneficial owners and understand a company’s ownership and control
• assess the purpose and intended nature of the relationship
• monitor the relationship and keep records up to date
• apply measures that reflect your firm-wide risk assessment

Regulation 28(19) lets you treat a secure electronic identification process as a reliable, independent source. The accountancy supervisors’ detailed rules are in the CCAB AML guidance for the accountancy sector, dated 5 August 2026 and based on the law as at 1 July 2026.

How do the providers compare on price?

The table lists each provider alphabetically with its published pricing model. Check VAT treatment with each provider, as not all pages say.

Credas and Thirdfort also sell ID verification to accountants, but neither published prices on its pricing page when we checked.

What does each provider offer?

Each entry uses the provider’s own page. Features change, so confirm before you buy.

Amiqus. Amiqus pricing starts at £15 per client on its Standard plan, with a £500 monthly minimum, ex VAT. The Scale plan starts at £10 per client, typically for 2,000 or more clients, and adds bulk uploads and practice management integrations.

Capium AML. Capium charges £4 plus VAT per AML check, covering electoral roll, credit file, passport, PEP and sanctions checks. Biometric checks start at £2.50, international ID checks are £2 and UK company checks £6. It states no setup or licence fee.

FigsFlow. FigsFlow pricing puts its AML Compliance Programme at £15 a month per firm, with checks at £3.50, falling to £3 from the 100th check, ex VAT. Pay as you go without the programme is £4.50 a check. FigsFlow says everything except AML checks is free until 28 February 2027.

FirmCheck. FirmCheck pricing sets the Compliance Plan at 50p per client a month, minimum 50 clients. Its ID Checks plan has no monthly fee and charges per check, such as £5 for electronic ID verification. The page does not say whether prices include VAT.

IRIS Elements AML. IRIS sells annual licences by client band, from £250 for 30 clients to £4,578 for 3,000 clients. Checks are extra: £4 for a UK ID check and £8.50 for a UK company report. It includes a firm-wide risk assessment and client risk profiles.

Veriphy. Veriphy pricing lists an AML and anti-fraud check from £6, a standalone biometric check at £3.50, PEP and sanctions monitoring at £1.50 and a UK company check at £9, ex VAT. It also sells a money laundering policy for £99.

Which pricing model suits your firm?

Use this list to match your client book to a model. It is a guide to fit, not a verdict.

• If you take on few new clients a year: a pay-as-you-go model with no licence fee keeps fixed costs low.
• If you have a stable book and need ongoing monitoring: a per-client monthly fee covers re-screening without paying per check.
• If you want AML inside your practice software: look at providers that also sell practice management or accounts production.
• If you onboard thousands of clients: ask about volume tiers, as Amiqus and IRIS both price by scale.

What checks should you make before buying?

Check that the identity service is certified. HM Treasury’s digital identity guidance, published 26 February 2026, says only services certified against the trust framework and listed on the DVS register can reliably be treated as suitable for MLR identity checks. Search the DVS register run by the Office for Digital Identities and Attributes.

1. Search the DVS register for the provider or its ID partner.
2. Confirm PEP, sanctions and adverse media screening, with ongoing monitoring.
3. Check it records risk assessments and keeps results for at least 5 years.
4. Ask whether prices include VAT and whether failed checks are charged.
5. Check the contract length; IRIS and Thirdfort quote 12 months.

What advisers should do

Remember the software does not carry your liability. The Treasury guidance says firms remain ultimately liable for CDD failures. Keep your firm-wide risk assessment current; see our AML risk assessment template and client due diligence checklist. Supervision is moving to the FCA from late 2028; see AML supervision moving to the FCA and AML registration for accountants.

Frequently asked questions

How much does AML software cost for accountants?

Most providers charge per check, from about £2.50 for a biometric check to £8, and some add a licence. IRIS Elements AML starts at £250 a year for 30 clients plus checks.

Do accountants have to use AML software?

No. The MLRs require customer due diligence but not software; you can verify identity manually. Software speeds checks and keeps an audit trail.

Is electronic ID verification acceptable under the MLRs?

Yes. Regulation 28(19) allows a secure electronic identification process to count as a reliable, independent source, and HM Treasury points firms to certified services on the DVS register.

Does AML software make the provider responsible for compliance?

No. HM Treasury guidance says the firm remains ultimately liable for customer due diligence failures.

What is the CCAB AML guidance?

It is the AML and counter-terrorist financing guidance for the accountancy sector, approved and adopted by the accountancy AML supervisory bodies. The 2026 version is dated 5 August 2026.