£2.10 versus £6.00 per AML check.
That’s a £3.90 difference. Run 500 checks per year, and you’re looking at £1,950 in savings, enough to hire part-time support or invest in practice development.
But the per-check price tells only part of the story. Add monthly subscriptions (£50-£500), per-user fees, separate charges for PEP screening, and ongoing monitoring costs, and your annual AML bill can range from £1,050 to £8,000+ for the same number of client checks.
With HMRC’s supervision fee jumping 33% (from £300 to £400) in 2025, UK accounting practices can’t afford to overpay for compliance.
This guide identifies the cheapest anti-money laundering check in the UK, comparing real costs across UK AML providers, breaking down every fee, subscription charge, and add-on, so you can maintain full compliance while protecting your practice margins.
Quick Answer: The Cheapest AML Check in the UK
The cheapest Anti-Money Laundering check in the UK is FigsFlow at £2.10 per check.
No asterisks. No “starting from” pricing. No monthly minimums disguised as “flexible plans.”
Here’s what you actually pay:
- £8-£10 per month for the AML module (includes proposals and engagement letters)
- £2.10 per AML check (includes biometric verification, PEP screening, sanctions monitoring, and ongoing alerts)
- £0 in hidden fees, volume commitments, or per-user charges
For a small practice running 20 client verifications annually, the total cost is £234-£258 per year. That’s less than most competitors charge in monthly fees alone.
Quick Pricing Comparison: Anti-Money Laundering Check in the UK
| Provider | Per Check Cost | Monthly/Annual Fees | Total cost (50 checks/year) | Total cost (100 checks/year) |
|---|---|---|---|---|
| FigsFlow | £2.10 | £0 | £105 | £210 |
| IRIS | £2.50 | £250/year license | £375 | £500 |
| Veriphy | £6.00 | £0 | £300 | £600 |
| ClearDil | £0.29-0.59 | £29-119/month | £453-1,728 | £638-1,828 |
The math is straightforward. At 100 checks per year, FigsFlow costs £210 total. IRIS charges £500 (138% more). Veriphy hits £600 (185% more). ClearDil’s monthly fees push total costs to £638- £1,828, depending on the plan.
Even at the standard £3.00 rate, FigsFlow costs less than competitors, and that’s before considering their hidden license fees and subscription costs.
FigsFlow’s total cost per client, including the check, ongoing monitoring, risk assessment, and platform access, is lower than most competitors’ per-check fee alone.
Why Anti-Money Laundering Checks in the UK Are Getting More Expensive
Three factors are pushing compliance costs higher in 2026:
HMRC Supervision Fee Increases
The Money Laundering Regulations allow HMRC to recover supervision costs through annual fees. In 2025, those fees jumped significantly:
- Premises Fee – £300 to £400 (33% increase). This affects 94% of supervised firms and represents HMRC’s first increase since 2019. If fees had tracked CPI inflation since then, they’d already be £387 to £390, so HMRC argues this is overdue.
- Fit & Proper Test Fee – £150 to £500 for money service businesses and trust/company service providers. HMRC cites an 80% surge in retesting between 2020-2021 and 2024-2025.
- Application Fee – £300 fee reintroduced for new registrations (though small businesses may reclaim it under the Small Business Fee scheme).
These baseline costs hit before you verify a single client.
Multiple Subscriptions & Add-On Costs
Finding the cheapest AML checks in the UK becomes harder when providers split costs across multiple charges:
- Per Check Pricing – Veriphy’s AML and anti fraud check starts at £6. IRIS charges £2.50 for basic ID verification.
- Monthly Minimums – Veriff requires $49/month (about £39) minimum on its essential plan, plus $0.80 per verification. Higher tiers cost $99/month or more.
- Enterprise Tiers – Industry analyses show many AML solutions (ComplyAdvantage, NameScan, SEON, and others) start at €90 to €599 per month. Refinitiv World-Check begins around £300 monthly.
- Extra Modules – Ongoing monitoring, risk assessment templates, and integrations with practice management software often carry separate fees.
The result? A patchwork of tools costing £50 to £500+ per month, plus you still need proposal software (£30 to £70/month) and engagement letter tools.
Pay-Per-Check Inflation
Anti-money laundering checks in the UK keep getting more expensive. IRIS charges £2.50 per UK ID check. Veriphy’s premium biometric checks start at £3.50. Many providers charge separately for PEP/sanctions screening or ongoing monitoring, pushing the total cost per client verification to £6 to £10.
Multiply across dozens of clients, and your annual compliance bill rivals other major overheads like rent or software subscriptions.
The True Cost of AML Checks: What Most Providers Don't Tell You
Low headline rates often mask much higher real costs. Here’s what “cheap” AML providers don’t advertise upfront:
Hidden Monthly Minimums
Many providers, especially global identity verification services, require minimum monthly spends regardless of usage. Veriff’s essential plan costs $49 per month plus $0.80 per verification, meaning even low volume firms pay nearly £40 monthly before running any checks. Industry comparisons show multiple AML vendors with starting prices between €90 and €599 per month. You’re locked into these fees whether you onboard two clients or twenty.
Multiply across dozens of clients, and your annual compliance bill rivals other major overheads like rent or software subscriptions.
Add-On Fees Stack Up Fast
Providers split their service into modules: ID verification, PEP/sanctions screening, ongoing monitoring, and risk assessment. Each module incurs an additional cost:
- ID verification: £2.50
- PEP screening: +£1.50
- Ongoing monitoring: +£2.00 per month per client
- Risk assessment tools: Sold separately
The total per check price easily exceeds £6 despite advertised “from £2.50” rates. What looks like a bargain becomes expensive when you need comprehensive compliance.
Separate Software Subscriptions
Accountants don’t just need anti-money laundering checks in the UK. They need proposal drafting, engagement letter generation, and client onboarding tools. These are usually billed separately:
- Proposal software: £30 to £70/month
- AML tool: £50 to £300/month
- Engagement letters: Additional Cost
Combined monthly cost: £95 to £320+ before you’ve verified a single client.
Per-User Pricing Traps
Some AML solutions charge per user or per client, which penalises growing practices. Even if the per check cost seems low, adding staff can rapidly increase fees. You’re essentially paying more as you become more successful.
FigsFlow's Transparent Pricing Model
FigsFlow avoids all these traps: one transparent monthly fee (£8 to £10), one flat per check charge (£2.10), no minimum volume, no additional modules. By combining proposals, engagement letters, and AML checks in one platform, it eliminates multiple subscriptions and per-user pricing.
What's Included in FigsFlow's £2.10 AML Check (Full Coverage)
Cheap pricing raises an obvious question: Are you sacrificing features for cost?
Not here. FigsFlow’s £2.10 fee delivers comprehensive AML compliance:
Biometric ID Verification
Matches a client's photo against their passport or driving license to confirm the person presenting the ID is the real owner.
PEP & Sanctions Screening
Real-time searches across UK and global watchlists to flag politically exposed persons, sanctioned individuals, or high-risk entities. This is the check that many providers charge separately for, often £1.50 to £2+ per search.
Ongoing Monitoring
Automated alerts notify you if a client's status changes (new sanctions designation, PEP status update, adverse media). You stay compliant without manually rerunning checks. Most providers charge this as an extra module.
CDD & EDD Workflows
Guided customer due diligence and enhanced due diligence processes help you document evidence, assess risk levels, and maintain a complete audit trail. These templates are frequently sold separately or offered only in premium tiers.
Audit Ready Records
All checks generate exportable reports with timestamps and risk scores. When HMRC comes knocking, you hand over documentation in minutes instead of scrambling through scattered files.
Here’s Why This Matters for the Cheapest AML Checks in the UK
By bundling these elements, FigsFlow ensures the cheapest AML checks in the UK are also the most complete. There are no hidden extras for PEP screening or monitoring, features that other providers routinely charge separately for. You get full compliance coverage at £2.10 per check with no surprises.
Beyond AML Checks in the UK: What FigsFlow Offers
FigsFlow is a complete client onboarding platform handling every stage of the client journey from initial proposal through ongoing compliance.
- Proposals & Engagement Letters in 9 Clicks
Generate professional proposals and engagement letters with customisable templates, consistent pricing structures, and built-in e-signature workflows. Your signature automatically populates letters before they are sent to clients.
- Automated Payment Collection
- GoCardless integration: Configure direct debit so clients can add bank details when signing engagement letters. Payments are deducted automatically from then on unless the client disengages.
- AdFin integration: Streamlined payment collection across all client services.
- Disengagement Management
Generate disengagement letters automatically for services clients want to end. Edit before sending and maintain complete audit trails of service changes.
- Company Data Import
Companies House and Irish CRO integration: Import organisation contact details and associated contacts directly into FigsFlow without manual data entry.
- Team Collaboration & Integrations
Role-based access and permissions, HubSpot, Xero, QuickBooks, and Stripe integrations.
Honestly, it’s too much to list here. Try FigsFlow free for 30 days and see for yourself.
Total Cost Breakdown: Real Practice Savings
Let’s run the numbers for a small practice onboarding 20 clients per year:
That’s an 85% to 90% reduction in compliance costs. The savings fund a junior accountant, better CPD, or simply improve your bottom line. Even practices running 100 checks annually save £1,854 (traditional providers: £2,280 vs FigsFlow: £426).
The gap widens as check volume increases because FigsFlow’s per-check cost stays flat while competitors layer on volume-based pricing tiers or force you into higher subscription brackets.
Who the Cheapest Anti-Money Laundering Check Is Best For
FigsFlow’s pricing and features suit:
Sole Practitioners & Small Firms
Low volume of new clients, but mandatory compliance obligations. You need AML checks without breaking the bank or committing to high monthly minimums.
Growing Practices
Firms adding staff or expanding services avoid per-user fees and can scale checks as needed. No penalty for success.
High-Volume AML Users
Larger practices pay only for the checks they run rather than committing to expensive subscription tiers. The pay-as-you-go model keeps costs predictable.
Accountants Needing All-in-One Software
Practices benefit from integrated proposals, engagement letters, and AML verification instead of juggling three separate tools with three separate invoices.
Who FigsFlow Isn’t For
FigsFlow might not suit enterprise banks requiring bespoke transaction monitoring across millions of accounts or global corporations needing custom API integrations.
For UK accounting and advisory practices (sole traders through mid-sized firms), it provides the cheapest AML checks in the UK with robust functionality and full compliance coverage.
How to Start the Cheapest Anti-Money Laundering Check Today
Switching to FigsFlow takes four steps:
Sign Up for a 30-Day Free Trial
No credit card required. Explore all features, test checks, and see how the platform fits your workflow.
Upload Your Practice's Logo & Engagement Templates
Customise proposals and engagement letters so everything matches your brand. The platform walks you through setup.
Run Your First AML Check
Verify a client's identity, perform PEP and sanctions screening, and generate a risk assessment for £2.10. The guided workflow handles CDD and EDD automatically.
Monitor & Repeat
Ongoing monitoring alerts ensure you stay compliant without manual follow-up. Pay-as-you-go pricing means you only pay when you run checks.
By consolidating AML compliance with proposals and engagement letters, FigsFlow removes unnecessary subscriptions and reduces administrative overhead. The platform is designed specifically for UK accounting and advisory practices, delivering audit-ready documentation and automated workflows without the price tag of enterprise AML solutions.
Try FigsFlow free for 30 days and see how much you can save on anti-money laundering checks in the UK.
Additional Resources
- Discover the top 6 AML Software for Accountants in 2025: Best 6 AML Software Every Accountant Needs – #Last Will Surprise You!
- Here’s the top 5 Features every accountant should look for in AML Software: 5 Must-Have AML Software Features for Accountants In 2025 | Figsflow
- Discover the top-notch AML Software for accounants. Spoiler! It’s within your budget. Best AML Software 2025 | Leading AML Solutions for UK Firms | FigsFlow
- Discover why FigsFlow is the top Choice for AML Compliance: Best Anti-Money Laundering Software for Accountants | FigsFlow
Conclusion
The cheapest anti-money laundering check in the UK is FigsFlow at £2.10 per check. It offers everything other AML software does, plus more, for just £8-£10 per month.
We came to this conclusion after researching, trying, and using dozens of AML providers across the UK market. The numbers don’t lie: comprehensive compliance shouldn’t cost £2,280 annually when you can get it for £210.
Beyond AML checks, FigsFlow removes the need to juggle different platforms. It integrates everything from initial client onboarding to proposals, engagement letters, the most advanced service pricing calculator, and AML checks in a single workflow. No more switching between tools. No more paying for three subscriptions when one does the job better.
See How Much You Can Save on AML Compliance
Frequently Asked Questions (FAQs)
FigsFlow is the cheapest AML software in the UK at £2.10 per check with an £8-£10 monthly subscription. Unlike other providers charging £50-£500 monthly plus separate per-check fees, FigsFlow includes biometric verification, PEP screening, ongoing monitoring, and risk assessments in one flat price with no hidden costs.
FigsFlow is the best AML software for UK accountants because it combines compliance with client onboarding in one platform. It handles AML checks, proposals, engagement letters, and payment collection at £2.10 per check, eliminating the need for multiple subscriptions that typically cost practices hundreds of pounds monthly.
AML compliance typically costs UK accounting practices £1,680-£2,280 annually when using traditional providers with separate software for proposals, engagement letters, and verification. FigsFlow reduces this to £234-£426 annually by bundling everything in one platform at £2.10 per check with no hidden fees or monthly minimums.
No. FigsFlow integrates AML checks with proposals, engagement letters, e-signatures, and payment collection into a single workflow. This eliminates the need to pay for multiple platforms (typically £95-£320 monthly combined) and simplifies compliance by keeping all client documentation in one place.
FigsFlow’s £2.10 AML check includes biometric ID verification, PEP and sanctions screening, ongoing monitoring with automated alerts, CDD/EDD workflows, and audit-ready reports. Most competitors charge these features separately, with PEP screening alone costing £1.50-£2+ per check as an add-on.
