In Nigeria Travel Rule requirements are set forth in the Securities And Exchange Commission (Capital Market Operators Anti-Money Laundering And Combating The Financing Of Terrorism) Regulations – 12 May 2022 ("Regulations").
Threshold
Amount | Currency | Source |
1000 | USD | Regulation 15, Section 6 |
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 | Wallet address |
| Yes | Yes |
Originator | Physical address |
| No | OR |
Originator | National identity number |
| No | OR |
Beneficiary | Name |
| Yes | Yes |
Beneficiary | Wallet address |
| Yes | Yes |
(*) According to Regulation 15, Sections 4, 5 and 6 of the Regulations.
(**) YES = Required ; OR = Alternative fields