Binance Travel Rule

Binance requires Travel Rule piiData for withdrawals and deposits. Its requirements depend on the jurisdiction of your Binance entity, and on whether the counterparty wallet is private or at another VASP. For how to build, encrypt, and send the payload, see Exchanges.

Withdrawals: send your jurisdiction as originatingVASP.vaspCountry. When the destination is at another VASP, identify it in beneficiaryVASP. For a private wallet, omit beneficiaryVASP.
Deposits: send your jurisdiction as beneficiaryVASP.vaspCountry. When the funds come from another VASP, identify it with originatingVASP.vaspName. For a private wallet, omit originatingVASP.

Supported jurisdictions: Australia (AU), Bahrain (BH), France (FR), India (IN), Japan (JP), Kazakhstan (KZ), New Zealand (NZ, withdrawals only), Poland (PL), South Africa (ZA), and the United Arab Emirates (AE).

Withdrawals

Path	Values	Required when
`data.originatingVASP.vaspCountry`	`AU`, `BH`, `FR`, `IN`, `JP`, `KZ`, `NZ`, `PL`, `ZA`, `AE`	Always
`data.beneficiary.participantRelationshipType`	`FirstParty` (to yourself), `ThirdParty` (to another beneficiary)	Always
`data.beneficiary.entityType`	`Individual`, `Business`	Always
`data.beneficiary.names[0].primaryName`, `.nameType`	Free text; `Latin` or `Kana`	`Individual`, outside JP. JP and `ThirdParty`: holds the Kanji name
`data.beneficiary.names[1].primaryName`, `.nameType`	Free text; `Kana`	JP and `ThirdParty`
`data.beneficiary.names[2].primaryName`, `.nameType`	Free text; `Latin`	JP and `ThirdParty`
`data.beneficiary.names[0].secondaryName`	Free text (last name)	`Individual`, outside JP
`data.beneficiary.names[2].secondaryName`	Free text (Latin last name)	JP and `ThirdParty`
`data.beneficiary.postalAddress.country`	ISO 2-letter code	JP or KZ; elsewhere, `ThirdParty`
`data.beneficiary.postalAddress.city`	Free text	JP or KZ; `ThirdParty` in AU, BH, IN, or AE
`data.beneficiary.company.name`	Free text	`ThirdParty` and `Business`
`data.beneficiaryVASP.vaspCode`	Outside JP: `BINANCE`, `other`. JP: `BINANCE`, `OKCJJPTK`	Sending to another VASP, exchange, or hosted wallet
`data.beneficiaryVASP.vaspName`	Outside JP: free text. JP: ISO 2-letter code	Outside JP, when `vaspCode` is `others`. Always in JP
`data.beneficiaryVASP.vaspRegion`	Free text	JP, `vaspCode` is `other`, and the VASP is in China or Ukraine
`data.transactionData.withdraw.isAddressVerified`	`true`	AU, FR, JP, KZ, NZ, PL, or ZA
`data.transactionData.withdraw.txPurpose`	JP: `goods`, `inheritance`, `crossBorder`, `investment`, `service`, `loan`, `gifts`. KZ: `service`, `goods`, `p2p`, `charity`, or free text	JP or KZ

“Outside JP” means AU, BH, FR, IN, KZ, NZ, PL, ZA, and AE.

Deposits

Path	Values	Required when
`data.beneficiaryVASP.vaspCountry`	`AU`, `BH`, `FR`, `IN`, `JP`, `KZ`, `PL`, `ZA`, `AE`	Always
`data.originator.participantRelationshipType`	`FirstParty`, `ThirdParty`	Always
`data.originator.entityType`	`Individual`, `Business`	Always
`data.originator.names[0].primaryName`, `.nameType`	Free text; `Latin` or `Kana`	`Individual`, outside JP. JP and `ThirdParty`: holds the Kanji name
`data.originator.names[1].primaryName`, `.nameType`	Free text; `Kana`	JP and `ThirdParty`
`data.originator.names[2].primaryName`, `.nameType`	Free text; `Latin`	JP and `ThirdParty`
`data.originator.names[0].secondaryName`	Free text (last name)	`Individual` in AU, BH, FR, IN, KZ, NZ, PL, ZA, or AE
`data.originator.names[2].secondaryName`	Free text (Latin last name)	JP and `ThirdParty`
`data.originator.company.name`	Free text	`ThirdParty` and `Business`
`data.originator.postalAddress.country`	ISO 2-letter code	JP or KZ; elsewhere, `ThirdParty`
`data.originator.postalAddress.city`	Free text	JP or KZ; `ThirdParty` in AU, BH, IN, or AE
`data.originator.nationalIdentification.nationalIdentifierType`	`Individual`: `PASSPORT`, `NATIONAL_ID`. `Business`: `ABN`, `ACN`, `OTHER`	AU
`data.originator.nationalIdentification.nationalIdentifier`	Free text	AU; IN and `Individual`
`data.originator.registrationNumber`	Free text (PAN)	IN and `Business`
`data.originator.postalAddress.subdivision`	Free text (state)	IN and `ThirdParty`
`data.originator.postalAddress.postalCode`	Free text (PIN code)	IN and `ThirdParty`
`data.originator.postalAddress.streetName`	Free text (address)	IN and `ThirdParty`
`data.originator.postalAddress.region`	Free text	JP, and the originator is in China or Ukraine
`data.originatingVASP.vaspName`	`BINANCE`, `others`, or free text	AU, BH, FR, IN, JP, PL, ZA, or AE
`data.transactionData.deposit.isAddressVerified`	`true`	AU, FR, JP, PL, or ZA
`data.transactionData.deposit.txPurpose`	`service`, `goods`, `p2p`, `charity`, or free text	KZ

Japanese names

In Japan, names use three scripts, for businesses as well as individuals:

"names": [
  { "primaryName": "Kanji name", "nameType": "Kanji" },
  { "primaryName": "Kana name", "nameType": "Kana" },
  { "primaryName": "John", "secondaryName": "Doe", "nameType": "Latin" }
]

Examples

First-party withdrawal to a private wallet (France)

{
  "type": "exchange-service-travel-rule",
  "typeVersion": "1.0.0",
  "data": {
    "beneficiary": {
      "participantRelationshipType": "FirstParty",
      "entityType": "Individual"
    },
    "transactionData": {
      "withdraw": { "isAddressVerified": true }
    },
    "originatingVASP": { "vaspCountry": "FR" }
  }
}

Third-party withdrawal to another VASP (France)

A withdrawal from a Binance account, by an individual in France, to a third-party beneficiary. Before encryption:

{
  "type": "exchange-service-travel-rule",
  "typeVersion": "1.0.0",
  "data": {
    "beneficiary": {
      "participantRelationshipType": "ThirdParty",
      "entityType": "Individual",
      "names": [{ "primaryName": "John", "nameType": "Latin", "secondaryName": "Doe" }],
      "postalAddress": { "country": "BE" }
    },
    "beneficiaryVASP": { "vaspCode": "BINANCE" },
    "transactionData": { "withdraw": { "isAddressVerified": true } },
    "originatingVASP": { "vaspCountry": "FR" }
  }
}

After encrypting every value in data, add it to the transaction:

const { data: tx } = await fireblocks.transactions.createTransaction({
  transactionRequest: {
    assetId: "BTC",
    amount: "0.1",
    source: { type: "EXCHANGE_ACCOUNT", id: exchangeAccountId },
    destination: { type: "ONE_TIME_ADDRESS", oneTimeAddress: { address: beneficiaryAddress } },
    extraParameters: {
      piiData: encryptedPiiData,
    },
  },
});

Third-party withdrawal to another VASP (Australia)

{
  "type": "exchange-service-travel-rule",
  "typeVersion": "1.0.0",
  "data": {
    "beneficiary": {
      "participantRelationshipType": "ThirdParty",
      "entityType": "Business",
      "company": { "name": "ACME Inc" },
      "postalAddress": { "country": "US", "city": "Boston" }
    },
    "beneficiaryVASP": { "vaspCode": "BINANCE" },
    "transactionData": {
      "withdraw": { "isAddressVerified": true }
    },
    "originatingVASP": { "vaspCountry": "AU" }
  }
}

Third-party deposit from a private wallet (India)

{
  "type": "exchange-service-travel-rule",
  "typeVersion": "1.0.0",
  "data": {
    "originator": {
      "participantRelationshipType": "ThirdParty",
      "entityType": "Individual",
      "names": [{ "primaryName": "John", "secondaryName": "Doe", "nameType": "Latin" }],
      "nationalIdentification": { "nationalIdentifier": "12345xyz" },
      "postalAddress": {
        "streetName": "Oak street 123",
        "city": "Buenos Aires",
        "postalCode": "123123123",
        "subdivision": "State",
        "country": "AR"
      }
    },
    "beneficiaryVASP": { "vaspCountry": "IN" }
  }
}

On the Help Center

To provide Binance Travel Rule data in the Console, see Binance travel rule.

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Withdrawals

Deposits

Japanese names

Examples

First-party withdrawal to a private wallet (France)

Third-party withdrawal to another VASP (France)

Third-party withdrawal to another VASP (Australia)

Third-party deposit from a private wallet (India)

On the Help Center

​Withdrawals

​Deposits

​Japanese names

​Examples

​First-party withdrawal to a private wallet (France)

​Third-party withdrawal to another VASP (France)

​Third-party withdrawal to another VASP (Australia)

​Third-party deposit from a private wallet (India)

​On the Help Center

Withdrawals

Deposits

Japanese names

Examples

First-party withdrawal to a private wallet (France)

Third-party withdrawal to another VASP (France)

Third-party withdrawal to another VASP (Australia)

Third-party deposit from a private wallet (India)

On the Help Center