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[WIP] Brazil jurisdictional requirements

Written by Catarina Veloso

WIP Notice: This article describes how Brazil Travel Rule requirements are currently implemented in the v1 system. The v2 implementation will soon be updated to reflect the one described in this article.

In Brazil, Travel Rule requirements are set forth in BCB Resolution 520 ("Regulation")

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

name

Yes

Originator

Account number
(identificação completa da conta de pagamento ou de depósito, ou identificação de conta equivalente internacional)

accountNumber

Yes

Originator

Address

(endereço de residência ou domicílio)

geographicAddress

Yes

Originator

National identity number

(número no Cadastro de Pessoas Físicas – CPF ou no Cadastro Nacional da Pessoa Jurídica – CNPJ, ou o número de identificação internacional equivalente)

nationalIdentification

Yes

Beneficiary

Name

name

Yes

Beneficiary

Account number
(identificação completa da conta de pagamento ou de depósito, ou identificação de conta equivalente internacional)

accountNumber

Yes

(*) According to Art. 44 of the Regulation

Note – Transmission of Wallet Addresses

Article 44 of the Regulation requires the transmission of both the originator's and the beneficiary's wallet addresses. These data elements are not listed in the table above because they are expected to be included in the transaction details within the payload. Where an institution uses wallet addresses as the functional equivalent of account numbers, the accountNumber field may be used to carry the wallet address.

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