Incoming transfers

The key to successfully implementing the Travel Rule is that counterparties on the initiating side (e.g. Originator VASP, the Network/Custodian) can discover you and you respond via automation and API integration. That will streamline a smooth and fast Authorization process. Preferably before the funds are really send onchain.

In this chapter, we will cover the following topics:

1. Confirm addresshow to respond to transfers that require relationship confirmation (confirming that the address belongs to you) before it is allowed to be settled on the blockchain.
2. Set and send your Authorization requirements
3. Receive Travel Rule (PII) data transfers data transfers
4. Monitor counterparty updates using the Webhooks
5. Authorize, Reject or Flag
6. Settlement Process
7. Redirect transfers
8. Revert a transfer
9. Reconcile received transfers

The high level status flow for an INCOMING transfer (excluding Revert flows) is: