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Enforcement/austracCWLTH

AUSTRAC: remittance service provider registration cancelled — Svit Payments Pty Ltd

licence action4 June 2026

Respondent

Svit Payments Pty Ltd

Facts

Svit Payments Pty Ltd appears on AUSTRAC's list of remittance registration actions. AUSTRAC states it can refuse, suspend, cancel or refuse to renew a registration where it considers a business poses an unacceptable risk of money laundering, terrorism financing or other serious crime; the list does not give the grounds for this decision.

Outcome

On 4 June 2026 AUSTRAC cancelled the registration of Svit Payments Pty Ltd as a remittance service provider, as recorded on AUSTRAC's published list of registration actions. The list does not state reasons for individual decisions.

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Read the source

https://www.austrac.gov.au/about-us/record-our-actions/remittance-registration-actions

Rules Mate links to the regulator's own publication. We do not republish full decision text. Always verify the latest status against the source before acting.