Travel Rule data exchange transactions help you exchange the required transfer information with another VASP as part of a compliant virtual asset transfer flow.

In most cases, the data exchange takes place before the blockchain transaction is submitted. In some cases, it starts after an on-chain deposit has already been received.

You can use Travel Rule data exchange transactions to:

Notify the beneficiary VASP before sending virtual assets on-chain.
Retrieve missing originator information after receiving an on-chain deposit.
Review and respond to transfer requests sent to a wallet that belongs to your user.

Travel Rule flow scenarios

Refer to the table below to select the right guide based on your transaction scenario.

Transaction scenario	Your role	When the data exchange happens	Flow
You are sending funds from your user's wallet to another entity.	Originating VASP	Before the on-chain withdrawal	Before Withdrawal: Initiate outbound data exchange
Your user received an on-chain deposit, but no Travel Rule data exchange was delivered.	Beneficiary VASP	After the on-chain deposit	After deposit: Create incoming data exchange
Another VASP wants to send funds to your user's wallet and asks you to confirm the transfer details	Beneficiary VASP	Before the other VASP submits the on-chain transfer	Respond to incoming transfer requests

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Note
Before using any Travel Rule flow, check this article and make sure that you have your integration set up properly.