Travel rule requirements - Circle Docs

Travel rule information is required during payment creation to provide appropriate regulatory information to the BFI. The following sections outline the required data that must be securely transmitted to the BFI when a payment is created. See JSON Schema for more information on how to validate your API response to the travel rule requirements.

Note: The exact fields depend on the payment route and the BFI. Call the requirements endpoint for each quote to get the full list of travel rule and beneficiary account fields. Each field in the response includes an optional flag that indicates whether you must provide it.

OFI

Field	Description
`ORIGINATOR_FINANCIAL_INSTITUTION_NAME`	OFI’s business name
`ORIGINATOR_FINANCIAL_INSTITUTION_ADDRESS`	OFI’s business address
`ORIGINATOR_FINANCIAL_INSTITUTION_ID`	OFI’s identifier

Individual

Field	Description
`ORIGINATOR_NAME`	Sender’s full name
`ORIGINATOR_ACCOUNT_NUMBER`	Sender’s account number reference (originator’s wallet address or account number for an OFI virtual or funding account)
`ORIGINATOR_ADDRESS`	Sender’s address
`ORIGINATOR_DATE_OF_BIRTH`	Sender’s date of birth
`ORIGINATOR_NATIONALITY`	Sender’s nationality
`ORIGINATOR_NATIONAL_IDENTIFICATION_NUMBER`	Sender’s national ID or passport number
`BENEFICIARY_NAME`	Recipient’s full name
`BENEFICIARY_ADDRESS`	Recipient’s address
`BENEFICIARY_DATE_OF_BIRTH`	Recipient’s date of birth
`BENEFICIARY_NATIONALITY`	Recipient’s nationality
`BENEFICIARY_NATIONAL_IDENTIFICATION_NUMBER`	Recipient’s national ID or passport number

Business

Field	Description
`ORIGINATOR_NAME`	Sender’s legal registered business name
`ORIGINATOR_ACCOUNT_NUMBER`	Sender’s account number reference (originator’s wallet address or account number for an OFI virtual or funding account)
`ORIGINATOR_ADDRESS`	Sender’s registered place of business
`ORIGINATOR_DATE_OF_FORMATION`	Sender’s date of company formation
`ORIGINATOR_COUNTRY_OF_FORMATION`	Sender’s country where the entity was formed
`ORIGINATOR_NATIONAL_IDENTIFICATION_NUMBER`	Sender’s business registration or tax ID
`BENEFICIARY_NAME`	Recipient’s legal registered business name
`BENEFICIARY_ADDRESS`	Recipient’s registered place of business
`BENEFICIARY_DATE_OF_FORMATION`	Recipient’s date of company formation
`BENEFICIARY_COUNTRY_OF_FORMATION`	Recipient’s country where the entity was formed
`BENEFICIARY_NATIONAL_IDENTIFICATION_NUMBER`	Recipient’s business registration or tax ID

Additional fields for some routes

Some BFIs request additional travel rule fields. When a route requires them, the requirements endpoint returns them in the travelRule array.

Field	Applies to	Description
`ORIGINATOR_PHONE_NUMBER`	Individual, business	Sender’s full phone number
`BENEFICIARY_PHONE_NUMBER`	Individual	Recipient’s full phone number
`BENEFICIARY_EMAIL`	Individual	Recipient’s email address
`BENEFICIARY_NATIONAL_IDENTIFICATION_EXPIRATION_DATE`	Individual, business	Expiration date of the recipient’s ID

Beneficiary account fields

Beneficiary account fields describe the recipient’s bank account. The requirements endpoint returns them in the beneficiaryAccount array, and the required fields vary by route. For example, some routes require RECIPIENT_LEGAL_NAME, the legal name of the account holder at the beneficiary’s bank.