Protocols
Safely exchange required data with Sumsub through top-tier market protocols.
Travel Rule requires originating Virtual Assets Service Providers (VASPs) to obtain the required and accurate originator information and required beneficiary information, and share it with counterparty VASPs (beneficiary VASP) during or before the transaction:
- Sumsub can exchange the required data about the beneficiary and originator via the most secure protocols on the market.
- Sumsub can also contact the counterparty VASP not bound to any legal arrangements with Sumsub and not using any of the supported protocols via email.
Sample protocol selection scenarios
The protocol to be used is selected depending on the counterparty VASP, if it supports any of the protocols. If the counterparty VASP does not support any known protocol, Sumsub attempts to send it an email notification.
| Scenario | Description |
|---|---|
| Both VASPs are Sumsub clients. | If both VASPs are Sumsub clients, the information will be sent directly by the Sumsub protocol (API). |
| One VASP is a Sumsub client while its counterparty uses the TRP protocol. | If the client is in the TRP (Travel Rule Protocol) network, and its counterparty also uses TRP, the data will be sent via the TRP network. |
| One VASP is a Sumsub client, while its counterparty uses a connected protocol. | If the client is in a network that is interoperable with Sumsub, the data will be sent via CODE or GTR. |
| One VASP is a Sumsub client, while its counterparty is not connected to any known protocol network. | If the counterparty VASP is not in any of the connected networks, Sumsub tries to send it an email notification. Sumsub may also provide a free account to exchange the required data with the counterparty, if the counterparty is ready to transfer/receive data. |
Learn about Travel Rule protocols
TRP protocol
Sumsub protocol
GTR protocol
CODE protocol
Email notification tool
Updated 2 months ago