Compliance & Regulatory Information
Dinar Exchange NZ is committed to full regulatory compliance. We are operated by Oz Trading Group Pty Ltd, an Australian company enrolled with AUSTRAC. Every transaction we process adheres to the highest standards of anti-money laundering legislation in both New Zealand and Australia.
AUSTRAC Enrolment
AUSTRAC (Australian Transaction Reports and Analysis Centre) is the Australian Government agency responsible for detecting, deterring, and disrupting criminal abuse of the financial system. All currency dealers operating in or from Australia must be enrolled with AUSTRAC.
Our AUSTRAC enrolment means that Dinar Exchange is a regulated entity, subject to ongoing compliance obligations including auditing, record-keeping, and suspicious matter reporting. This provides our customers with the assurance that they are dealing with a legitimate, government-monitored business.
You can verify our enrolment status directly on the AUSTRAC website or view our detailed AUSTRAC enrolment page.
AUSTRAC Registration
- Operating EntityOz Trading Group Pty Ltd
- ABN82 158 981 787
- ACN158 981 787
- AUSTRAC Enrolment100311410
- RegulatorAUSTRAC (Australia)
AML/CFT Compliance
Dinar Exchange NZ operates in full compliance with the NZ Anti-Money Laundering and Countering Financing of Terrorism Act 2009 and the AU Anti-Money Laundering and Counter-Terrorism Financing Act 2006.
These laws exist to protect the financial system from being used for money laundering, terrorist financing, and other serious crimes. As an enrolled entity, we maintain robust compliance programmes including customer due diligence, transaction monitoring, and suspicious activity reporting.
Bank Transfer Only
All transactions are processed via bank transfer, creating a fully auditable payment trail
Registered Dealers Only
All banknotes are sourced from federally registered currency dealers
Dual Jurisdiction Compliance
Compliant with both NZ and Australian AML/CFT legislation simultaneously
Ongoing Monitoring
Transaction monitoring and suspicious matter reporting to relevant authorities
Learn more about the legality of purchasing Iraqi Dinar on our Is It Legal? page, or review our complete FAQ.
ID Verification Requirements
Under NZ$500
No ID needed
No identification required. Simply place your order and pay via bank transfer.
NZ$500 to NZ$9,999
Photo ID required
A valid NZ driver's licence or NZ passport is required for identity verification.
NZ$10,000 and above
Photo ID + proof of address
Photo ID (NZ driver's licence or passport) plus proof of address such as a utility bill or bank statement.
Additional Notes
- NZ driver's licences and NZ passports are fully accepted forms of identification
- Enhanced due diligence is applied for politically exposed persons (PEPs)
- All ID documents are stored securely with encryption and retained per legal requirements
Privacy & Data Security
NZ Privacy Act 2020
All customer data is handled in accordance with the NZ Privacy Act 2020 and the Australian Privacy Principles. We collect only the information necessary to process your order and meet our legal obligations.
Encrypted Storage
ID documents and personal information are stored with encryption. Access is restricted to authorised personnel only, and data is retained for the minimum period required by law.
Data Retention
Customer records and transaction data are retained as required by AML/CFT legislation and the NZ Privacy Act. Data is securely deleted once the retention period expires.
Your Rights
You have the right to request access to, correction of, or deletion of your personal information at any time. Read our full privacy policy for details.
For full details, read our Privacy Policy.
Payment Security
Bank Transfer Only
We accept payment exclusively by bank transfer. No cash, credit cards, or digital wallets.
Fully Traceable
Bank transfers create a complete audit trail, ensuring every transaction is fully traceable and verifiable.
Mutual Protection
This policy protects both the customer and the business by ensuring compliance with AML/CFT requirements.
Ready to place an order? Buy Iraqi Dinar securely with bank transfer today.
Consumer Rights
All purchases from Dinar Exchange NZ are subject to the NZ Consumer Guarantees Act 1993. We stand behind the quality and authenticity of every banknote we sell.
- Every banknote is guaranteed authentic and comes with a certificate of authenticity
- You have a 7-day window from delivery to report damaged or incorrect notes
- Dispute resolution is available via email or through the NZ Disputes Tribunal
- We maintain clear, fair terms of service for all transactions
Contact for Compliance Queries
Phone
+64 9 872 4693For general enquiries, visit our Contact page or explore our current rates and ordering options.