Sender and beneficiary details verified
The transfer proceeds to the blockchain, and is enriched with the transaction hash once confirmed.
Crypto Travel Rule Compliance
Crypto Travel Rule Compliance
The FATF Travel Rule requires VASPs to share who’s sending and who’s receiving on crypto transfers above a threshold. That exchange happens automatically, before a transfer completes.
Travel Rule checkIncoming crypto
OriginatorOliver Smith
Wallet address1Lbcfr7s…4ZnX71
Amount100.0090 BTC
Sent
Every transfer, screened
Four outcomes, never a silent one
A crypto transfer above the threshold doesn’t just move funds. It carries a compliance check with it, and the customer always sees where that check stands.
More information is needed
A link is shown to provide sender details or confirm wallet ownership, valid for two calendar weeks.
Held for a compliance officer
The transfer can’t reach the blockchain yet. A person reviews it rather than an automatic rule deciding alone.
Verification could not complete
A specific reason is shown next to the transaction, with a way to reach support for more detail.
Outside of a clean approval, the customer always sees a plain explanation of what’s needed or what happened, never a transaction that just quietly stalls.
Edge cases
A few situations sit outside a clean approval
Not held by a known VASP
Ownership has to be confirmed by the wallet owner directly before the transfer can proceed.
Wallet not found on our side
If an incoming Travel Rule message names a wallet we don’t recognize, ownership can’t be confirmed.
Verification window closed
Past two weeks, the link simply shows as expired. A compliance officer still decides manually from there.
The other VASP can’t be reached
How this resolves depends on the policy configured for approvals versus rejections.
Counterparty didn’t respond in time
Configurable per tenant. Once the timeout passes, the transfer resolves to approved or rejected automatically.
Can’t be switched off for crypto
Unlike some other transaction types, this screening always runs on crypto deposits and withdrawals.
How it actually works
Screening runs alongside the transfer, not instead of it
A Travel Rule check isn’t a separate transaction. It changes how the existing crypto transfer is screened, so nothing about the deposit or withdrawal flow itself needs to change for the customer.
Configuration example
FATF recommended threshold1,000 USD / EUR
Verification link validity2 calendar weeks
Confirmed screening providerSumSub
AML for cryptoAlways on
Set by regulation
What’s required changes at the threshold
Under the threshold
Name and wallet address
Just who’s sending, who’s receiving, and the wallet addresses involved.
→
At or above the threshold
Full originator and beneficiary details
Name, wallet address, physical address, and an identity number for the sender.
Verification required
To ensure the security of your funds and comply with regulatory requirements, we need to gather additional information about the sender. Please click the link below to provide the required details.
Copy link
Provide information
When action is needed
A direct link, not a stuck transaction
The customer gets a clear explanation and a direct link to resolve it themselves, the same link that’s also emailed to them, rather than a transaction that just sits there unexplained.
- Shown right on the transactionFlagged inline in the transaction list, not buried in a separate inbox.
- A copyable link, and an emailTwo ways to reach the same verification step.
- Two weeks to actAfter that, the link simply expires.
Once it’s verified
Sender details, kept with the transaction
Once a transfer clears Travel Rule screening, the sender’s name and physical address stay attached to the transaction record itself, exactly the information the regulation asks for.
- Full sender nameNot just an account label.
- A complete physical addressKept alongside the wallet and network details.
- The same detail view as any transferNothing separate to look up.
Transaction details
Oliver Smith
Send toBTC Account
Address line 11847 Maplewood Avenue
CityAustin
CountryUnited States
NetworkBitcoin
Related FinHost modules
Part of the same crypto and compliance experience
Get started
Stay on the right side of the Travel Rule
Sender and beneficiary details exchanged automatically, unhosted wallets verified, and nothing left for a compliance officer to chase down manually.
ResultSent
Sender verifiedYes
Threshold1,000 USD
Frequently Asked Questions
What triggers a Travel Rule check?
A crypto transfer to or from another VASP at or above the regulatory threshold, which FATF recommends setting at 1,000 USD or EUR. The exact threshold is set by each national regulator.
What happens if the destination wallet doesn’t belong to a known VASP?
It’s treated as an unhosted wallet. The wallet owner is asked to confirm ownership through a verification link, valid for two calendar weeks, or to identify the actual VASP if it was flagged as unhosted by mistake.
What information is required below versus above the threshold?
Below the threshold, just the sender’s and recipient’s name and wallet address. At or above it, fuller originator details are required, including a physical address and an identity number, alongside the beneficiary’s name and address.
What does Requires action mean on a transaction?
It depends on the direction. On an incoming deposit, it usually means sender details are still needed. On an outgoing withdrawal to an unhosted wallet, it means the wallet owner needs to confirm ownership before the transfer can proceed.
What happens if the required information never arrives?
The transaction is rejected, with a specific reason shown, and support contact details for anyone who needs more detail.
Can a crypto transaction skip this check entirely?
No. Travel Rule screening runs as part of AML checks on crypto transfers, and that can’t be switched off for crypto the way it can for other transaction types.
Who makes the final call on a transaction that’s on hold?
A compliance officer, reviewing manually rather than an automatic rule, for cases that don’t resolve cleanly to an approval or a rejection.