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Glossary term

What is IVMS101?

IVMS101, or InterVASP Messaging Standard 101, is a data model for exchanging originator and beneficiary information between virtual asset service providers. It supports Travel Rule compliance by standardizing fields such as names, account identifiers, addresses, and customer information, but it is a messaging standard rather than a legal rule.

Definition

IVMS101, or InterVASP Messaging Standard 101, is a data model for exchanging originator and beneficiary information between virtual asset service providers. It supports Travel Rule compliance by standardizing fields such as names, account identifiers, addresses, and customer information, but it is a messaging standard rather than a legal rule.