Mandatory properties for Binance withdrawals

Overview

To ensure compliance with Binance’s Travel Rule requirements for withdrawals, it’s crucial to understand the specific Personally Identifiable Information (PII) that must accompany these transactions.

This section details the mandatory properties for successful withdrawals, providing country-specific information and practical examples to guide your implementation. Adhering to these guidelines is essential for seamless and compliant asset transfers.

Bahrain

Sending to myself

bash

{
  "type": "exchange-service-travel-rule",
  "typeVersion": "1.0.0",
  "data": {
    "beneficiary": {
      "participantRelationshipType": "FirstParty",
      "entityType": "Individual"
    },
    "beneficiaryVASP": {
      "vaspCode": "BINANCE"
    },
    "originatingVASP": {
      "vaspCountry": "BH"
    }
  }
}

Sending to another beneficiary

bash

{
  "type": "exchange-service-travel-rule",
  "typeVersion": "1.0.0",
  "data": {
    "beneficiary": {
      "participantRelationshipType": "ThirdParty",
      "entityType": "Individual",
      "names": [
        {
          "primaryName": "John",
          "nameType": "Latin",
          "secondaryName": "Doe"
        }
      ],
      "postalAddress": {
        "country": "AT",
        "city": "Vienna"
      }
    },
    "beneficiaryVASP": {
      "vaspCode": "BINANCE"
    },
    "originatingVASP": {
      "vaspCountry": "BH"
    }
  }
}

France

Sending to myself

bash

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

Sending to another beneficiary

bash

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

India

Sending to myself

bash

{
  "type": "exchange-service-travel-rule",
  "typeVersion": "1.0.0",
  "data": {
    "beneficiary": {
      "participantRelationshipType": "FirstParty",
      "entityType": "Individual"
    },
    "beneficiaryVASP": {
      "vaspCode": "BINANCE"
    },
    "originatingVASP": {
      "vaspCountry": "IN"
    }
  }
}

Sending to another beneficiary

bash

{
  "type": "exchange-service-travel-rule",
  "typeVersion": "1.0.0",
  "data": {
    "beneficiary": {
      "participantRelationshipType": "ThirdParty",
      "entityType": "Individual",
      "names": [
        {
          "primaryName": "John",
          "nameType": "Latin",
          "secondaryName": "Doe"
        }
      ],
      "postalAddress": {
        "country": "AR",
        "city": "Buenos Aires"
      }
    },
    "beneficiaryVASP": {
      "vaspCode": "BINANCE"
    },
    "originatingVASP": {
      "vaspCountry": "IN"
    }
  }
}

Japan

Sending to myself

bash

{
  "type": "exchange-service-travel-rule",
  "typeVersion": "1.0.0",
  "data": {
    "beneficiary": {
      "participantRelationshipType": "FirstParty",
      "entityType": "Individual",
      "postalAddress": {
        "country": "AR",
        "city": "Buenos Aires"
      }
    },
    "beneficiaryVASP": {
      "vaspCode": "BINANCE",
      "vaspName": "CN"
    },
    "transactionData": {
      "withdraw": {
        "txPurpose": "goods",
        "isAddressVerified": true
      }
    },
    "originatingVASP": {
      "vaspCountry": "JP"
    }
  }
}

Sending to another beneficiary

bash

{
  "type": "exchange-service-travel-rule",
  "typeVersion": "1.0.0",
  "data": {
    "beneficiary": {
      "participantRelationshipType": "ThirdParty",
      "postalAddress": {
        "country": "AR",
        "city": "Buenos Aires"
      },
      "entityType": "Individual",
      "names": [
        {
          "primaryName": "Kanji name",
          "nameType": "Kanji"
        },
        {
          "primaryName": "Kana name",
          "nameType": "Kana"
        },
        {
          "primaryName": "John",
          "nameType": "Latin",
          "secondaryName": "Doe"
        }
      ]
    },
    "beneficiaryVASP": {
      "vaspCode": "BINANCE",
      "vaspName": "CN"
    },
    "transactionData": {
      "withdraw": {
        "txPurpose": "goods",
        "isAddressVerified": true
      }
    },
    "originatingVASP": {
      "vaspCountry": "JP"
    }
  }
}

Kazakhstan

Sending to myself

bash

{
  "type": "exchange-service-travel-rule",
  "typeVersion": "1.0.0",
  "data": {
    "beneficiary": {
      "participantRelationshipType": "FirstParty",
      "entityType": "Individual",
      "postalAddress": {
        "country": "AT",
        "city": "Vienna"
      }
    },
    "withdraw": {
      "txnPurpose": "service"
    },
    "beneficiaryVASP": {
      "vaspCode": "BINANCE"
    },
    "transactionData": {
      "withdraw": {
        "isAddressVerified": true
      }
    },
    "originatingVASP": {
      "vaspCountry": "KZ"
    }
  }
}

Sending to another beneficiary

bash

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

New Zealand

Sending to myself

bash

{
  "type": "exchange-service-travel-rule",
  "typeVersion": "1.0.0",
  "data": {
    "beneficiary": {
      "participantRelationshipType": "FirstParty",
      "entityType": "Individual"
    },
    "beneficiaryVASP": {
      "vaspCode": "others",
      "vaspName": "SomeVASP"
    },
    "transactionData": {
      "withdraw": {
        "isAddressVerified": true
      }
    },
    "originatingVASP": {
      "vaspCountry": "NZ"
    }
  }
}

Sending to another beneficiary

bash

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

Poland

Sending to myself

bash

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

Sending to another beneficiary

bash

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

South Africa

Sending to myself

bash

{
  "type": "exchange-service-travel-rule",
  "typeVersion": "1.0.0",
  "data": {
    "beneficiary": {
      "participantRelationshipType": "FirstParty",
      "entityType": "Individual"
    },
    "beneficiaryVASP": {
      "vaspCode": "others",
      "vaspName": "Some VASP"
    },
    "transactionData": {
      "withdraw": {
        "isAddressVerified": true
      }
    },
    "originatingVASP": {
      "vaspCountry": "ZA"
    }
  }
}

Sending to another beneficiary

bash

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

United Arab Emirates (UAE)

Sending to myself

bash

{
  "type": "exchange-service-travel-rule",
  "typeVersion": "1.0.0",
  "data": {
    "beneficiary": {
      "participantRelationshipType": "FirstParty",
      "entityType": "Individual"
    },
    "beneficiaryVASP": {
      "vaspCode": "BINANCE"
    },
    "originatingVASP": {
      "vaspCountry": "AE"
    }
  }
}

Sending to another beneficiary

bash

{
  "type": "exchange-service-travel-rule",
  "typeVersion": "1.0.0",
  "data": {
    "beneficiary": {
      "participantRelationshipType": "ThirdParty",
      "entityType": "Individual",
      "names": [
        {
          "primaryName": "John",
          "nameType": "Latin",
          "secondaryName": "Doe"
        }
      ],
      "postalAddress": {
        "country": "AU",
        "city": "Perth"
      }
    },
    "beneficiaryVASP": {
      "vaspCode": "BINANCE"
    },
    "originatingVASP": {
      "vaspCountry": "AE"
    }
  }
}