# Travel Rule

The FATF rule that service providers send sender and recipient details along with crypto and stablecoin transfers.

Canonical: https://achivx.org/glossary/travel-rule/
Updated: 2026-11-01

The Travel Rule is the FATF requirement that VASPs and financial institutions obtain, hold and transmit originator and beneficiary information with payments or value transfers, including virtual assets; it applies FATF Recommendation 16 on payment transparency to virtual assets. The EU applies it through Regulation (EU) 2023/1113: the originator's crypto-asset service provider must ensure transfers carry the originator's and beneficiary's names and distributed ledger addresses. In FATF's 2026 survey, 83% of respondents had passed Travel Rule legislation.

## What the sources say

| Source | Quote | Link |
|---|---|---|
| FATF Targeted Update 2026 (copy hosted by FIAU Malta), para 23 | "The Travel Rule requires VASPs and financial institutions to obtain, hold, and transmit specific originator and beneficiary information immediately and securely when engaging in payments or value transfers, including VAs and hybrid payment chains." | [fiaumalta.org](https://fiaumalta.org/app/uploads/2026/07/7th-targeted-update-on-implementation-fatf-standards-vas-vasps-2026.pdf.coredownload.pdf) |
| FATF Targeted Update 2026 (copy hosted by FIAU Malta), para 23: Travel Rule applies Recommendation 16 | "The Travel Rule applies the FATF’s payment transparency requirements (FATF Recommendation 16) to the VA context." | [fiaumalta.org](https://fiaumalta.org/app/uploads/2026/07/7th-targeted-update-on-implementation-fatf-standards-vas-vasps-2026.pdf.coredownload.pdf) |
| FATF Targeted Update 2026 (copy hosted by FIAU Malta), executive summary | "For the 2026 survey, 83% of respondents reported having passed legislation implementing the Travel Rule." | [fiaumalta.org](https://fiaumalta.org/app/uploads/2026/07/7th-targeted-update-on-implementation-fatf-standards-vas-vasps-2026.pdf.coredownload.pdf) |
| EU Regulation 2023/1113, Art 14(1): originator information | "The crypto-asset service provider of the originator shall ensure that transfers of crypto-assets are accompanied by the following information on the originator: (a) the name of the originator; (b) the originator’s distributed ledger address" | [publications.europa.eu](https://publications.europa.eu/resource/cellar/48eca7a6-0660-11ee-b12e-01aa75ed71a1.0006.03/DOC_1) |
| EU Regulation 2023/1113, Art 14(2): beneficiary information | "The crypto-asset service provider of the originator shall ensure that transfers of crypto-assets are accompanied by the following information on the beneficiary: (a) the name of the beneficiary; (b) the beneficiary’s distributed ledger address" | [publications.europa.eu](https://publications.europa.eu/resource/cellar/48eca7a6-0660-11ee-b12e-01aa75ed71a1.0006.03/DOC_1) |
| EU Regulation 2023/1113, recital: FATF Recommendation 16 | "FATF Recommendation 16 on wire transfers" | [publications.europa.eu](https://publications.europa.eu/resource/cellar/48eca7a6-0660-11ee-b12e-01aa75ed71a1.0006.03/DOC_1) |

## Related terms

- [VASP](/glossary/vasp/)
- [KYC / AML](/glossary/kyc-aml/)

Checked against the sources on 2026-11-01.

## Sources
- https://fiaumalta.org/app/uploads/2026/07/7th-targeted-update-on-implementation-fatf-standards-vas-vasps-2026.pdf.coredownload.pdf
- https://publications.europa.eu/resource/cellar/48eca7a6-0660-11ee-b12e-01aa75ed71a1.0006.03/DOC_1