These rules are not yet set up in the system.
In Isle of Man Travel Rule requirements are set forth in the TRAVEL RULE (TRANSFER OF VIRTUAL ASSETS) CODE 2024 ("Regulations").
Threshold
In Isle of Man, Travel Rule requirements apply regardless of the transaction amount. However, a wider scope of information needs to be transmitted above the threshold specified below.
Amount | Currency | Source |
1,000 | EUR | Section 8 (1) of the Regulations |
Required Originator and Beneficiary information vs Notabene system
Party to the TX | Required information (*) | IVMS field | Required < Threshold? (**) | Required > Threshold? (**) |
Originator | Name |
| Yes | Yes |
Originator | Unique account identifier |
| Yes | Yes |
Originator | Address |
| No | OR |
Originator | National identity number |
| No | OR |
Originator | Date and place of birth |
| No | OR |
Beneficiary | Name |
| Yes | Yes |
Beneficiary | Unique account identifier |
| Yes | Yes |
(*) According to Section 5(2) and 8(1) of the Regulations
(**) YES = Required ; OR = Alternative fields