In Turkey Travel Rule requirements are set forth in the Regulation on Measures to Prevent Money Laundering and Financing of Terrorism ("Regulations")
Threshold
In Turkey, Travel Rule requirements apply regardless of the transaction amount. However, a wider scope of information needs to be transmitted above the threshold specified above.
Amount | Currency | Source |
15,000 | TRY | Section 24A (1) and (2) 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 | Number of the originator’s account |
| Yes | Yes |
Originator | Address |
| No | OR |
Originator | Number or identification document |
| No | OR |
Originator | Customer identification number |
| No | OR |
Originator | Date and place of birth |
| No | OR |
Beneficiary | Name |
| Yes | Yes |
Beneficiary | Number of the recipient’s account |
| Yes | Yes |
(*) According to Section 24A (1) and (2) of the Regulations
(**) YES = Required ; OR = Alternative fields