SAFE Implementation is a set of phases that are designed to help customers confidently and effectively roll out the Travel Rule in their business. These implementation phases are tailored to your specific risk-appetite and jurisdictional requirements. By using our implementation phases, you can start complying with the regulations and industry standards with minimum effort and resources. We understand that the implementation of the Travel Rule can be complex, which is why we provide expert guidance and support at every step of the process through our implementation phases.
Our implementation phases are designed to guide you through the steps required to go live with the Notabene Travel rule solution while allowing you to take control of the implementation process and achieve compliance with minimal disruption to your operations.
Our Implementation Phases are:
Phase 1 | Evaluate counterparty discoverability and reachability. Enable data driven decisions about your Travel Rule implementation plan and compliance policies. | |
Phase 2 | Start Engaging in Travel Rule flows with your counterparties. Assess responses rates and times. | |
Phase 3 | Comply with your end of Travel Rule obligations. Collect data from your end-customer. | |
Phase 4 | Verify information before transacting. Leverage verified Originator and Beneficiary information to make robust pre-transaction decisions. |
You can view your current Implementation Phase at the top of your Dashboard page.
Contact us at support@notabene.id if you have any questions or need our assistance.