Automatically meet global FATF Travel Rule requirements. Automate your compliance processes with secure data sharing between VASPs.
VASP-A
Crypto Exchange A
2,500 USDT
VASP-B
Crypto Exchange B
FATF Compliance Completed
All required information shared securely
The Travel Rule, formalized as FATF Recommendation 16, requires Virtual Asset Service Providers (VASPs) such as cryptocurrency exchanges and custodial wallets to collect, verify, and transmit originator and beneficiary information when processing crypto transfers above jurisdiction-specific thresholds. Over 60 countries have implemented Travel Rule requirements, with thresholds ranging from $250 to $3,000 depending on the jurisdiction. Defy's Travel Rule solution automates the entire compliance workflow: it discovers and verifies counterparty VASPs using a network of 1,000+ registered providers, securely transmits required personal data using end-to-end encryption, and screens all parties against global sanctions lists including OFAC, EU, UN, and MASAK. The solution supports multiple Travel Rule protocols including OpenVASP and TRP, handles unhosted wallet scenarios with enhanced due diligence, and maintains full audit trails for regulatory reporting across all supported jurisdictions.
Perform secure, encrypted, and FATF-compliant data transfers between 1500+ global VASPs with the Travel Rule API.
Conduct global crypto transfers securely and in full compliance with the FATF Travel Rule
Secure and automated data transfer between financial institutions
Data sharing fully compliant with FATF Travel Rule standards
All customer information protected with end-to-end encryption
Smart automation that eliminates manual processes
Travel Rule-compliant crypto transfers are completed safely in 4 steps
Customer initiates crypto transfer over 1000 EUR
VASP-A collects required compliance information from customer
System automatically checks Travel Rule requirements
Threshold value, jurisdiction, and VASP status analyzed
Encrypted customer information sent to recipient VASP
PII data protected with end-to-end encryption
Recipient VASP verifies information and approves transfer
Transaction proceeds after compliance check is completed
Meet Travel Rule requirements worldwide
Regulatory Authority: FinCEN
Regulatory Authority: ESMA/EBA
Regulatory Authority: MAS
Regulatory Authority: FSA
Regulatory Authority: FINTRAC
Regulatory Authority: FCA
Full compliance with FATF and local regulations
Eliminates manual operations
End-to-end encrypted data transfer
Worldwide VASP network connection
Secure your global crypto transfers by automatically meeting FATF Travel Rule requirements