Sumsub’s Travel Rule checks are part of the comprehensive Transaction Monitoring solution that lets crypto businesses that send or receive virtual asset (VA) transfers on behalf of a customer easily comply with the Financial Action Task Force (FATF) requirements and ensure that transactions are fraud-free.

Once you implement the solution, you will be able to:

• Send, request, and receive data related to transaction counterparties.
• AML-screen both the originator and the beneficiary of the transaction on an ongoing basis.
• Cross-check internal information against the submitted information in travel rule transactions.
• Protect your business from money laundering and secure every step of the user journey,
• Make informed decisions to prevent fraud, transactions to blacklisted VASPs, and so on based on analyzing user behavior patterns, transaction details, and other signals.
• Generate reports for the regulators in a few clicks.

Create Travel Rule transactions