In Canada Travel Rule requirements are set forth in the Proceeds of Crime (Money Laundering) and Terrorist Financing Regulations ("Regulations").
Threshold
Amount | Currency | Source |
1000 | CAD | Section 12 / (r), (s), Section 14(1) / (j), (k), Section 36 / (g), (h) 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 |
| No | Yes |
Originator | Account number |
| No | Yes |
Originator | Address |
| No | Yes |
Beneficiary | Name |
| No | Yes |
Beneficiary | Address |
| No | Yes |
Beneficiary | Account number |
| No | Yes |
(*) Section 124.1 of the Regulations