WIP Notice: This article describes how India Travel Rule requirements are currently implemented in the v2 system. The current v1 implementation is described here. The v2 implementation will soon be updated to reflect the current v1 implementation.
In India, Travel Rule requirements are set forth in the AML & CFT Guidelines For Reporting Entities Providing Services Related To Virtual Digital Assets.
Threshold
Amount | Currency | Source |
N/A | N/A | Regulations |
Required Originator and Beneficiary information vs Notabene system
Party to the TX | Required information (*) | IVMS field | Required? (**) |
Originator | Name |
| Yes |
Originator | Account number used to process the transaction |
| Yes |
Originator | Permanent Account Number (PAN) or National Identity Number |
| Yes |
Originator | Physical (geographical) address |
| OR |
Originator | Date and place of birth |
| OR |
Beneficiary | Name |
| Yes |
Beneficiary | Account number used to process the transaction |
| Yes |
(*) According to Section 11.3
(**) YES = Required ; OR = Alternatives