In the Notabene system, if the Originator VASP is from a country where no Travel Rule requirements are yet in force, the FATF standards set forth in the Updated Guidance for a Risk-Based Approach for Virtual Assets and Virtual Asset Service Providers, October 2021.
Threshold
Amount | Currency | Source |
1000 | USD | Section 191 of the Guidance |
Required Originator and Beneficiary information vs Notabene system
Party to the TX | Required information (*) | IVMS field | Required < Threshold? | Required > Threshold? (**) |
Originator | Name |
| No | Yes |
Originator | Designation or number of the account |
| No | Yes |
Originator | Address |
| No | OR |
Originator | Number of valid official ID |
| No | OR |
Originator | Customer number |
| No | OR |
Originator | Date and place of birth |
| No | OR |
Beneficiary | Name |
| No | Yes |
Beneficiary | Designation or number of the account |
| No | Yes |
(*) According to Section 182 of the Guidance
(**) YES = Required ; OR = Alternative fields