Significant cash

transaction report

If a law practice receives cash in a transaction valued at AUD $10,000.00 or more, it is required by the Financial Transactions Reports Act 1988 (Cth) to report the transaction to AUSTRAC (Australian Transaction Reports and Analysis Centre). The law practice must contact AUSTRAC on 1300 021 037 or by email at and enquire about how to report a significant cash transaction to AUSTRAC.