Given new guidelines from the Bangko Sentral ng Pilipinas (BSP) and Financial Action Task Force (FATF) for Virtual Asset Service Providers (VASPs), it is now required to input the beneficiary name when sending funds amounting to ₱50,000 and above to external cryptocurrency wallets.
All information submitted to our platform will be treated with utmost confidentiality.
You may refer to this article for more information on how the Travel Rule affects external transfers.
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