TFR: Transfer of Funds Regulation (travel rule)
Regulation (EU) 2023/1113, the TFR, is the EU travel rule. Since 30 December 2024, payment service providers and crypto-asset service providers must send identifying information on the sender and recipient with every transfer of funds or crypto-assets. For crypto there is no minimum amount. Transfers involving self-hosted wallets get extra checks.
At a glance
| Official title | Regulation (EU) 2023/1113 of the European Parliament and of the Council of 31 May 2023 on information accompanying transfers of funds and certain crypto-assets and amending Directive (EU) 2015/849 (recast)1 |
|---|---|
| English title | Transfer of Funds Regulation (travel rule) |
| Citation | Regulation (EU) 2023/1113 |
| Jurisdiction | European Union (applies in every EU/EEA state) |
| Type | regulation |
| Adopted | 2023-05-31 |
| In force from | 2023-06-29 |
| Status | In force; applies from 30 December 2024 |
Full text
Official full text: Transfer of Funds Regulation (travel rule) (PDF, en)1 · 751 KB · file checked 2026-09-24
Official page: eur-lex.europa.eu1
Summary
The Transfer of Funds Regulation brings the FATF travel rule into EU law. Payment service providers send information on the payer and the payee with every transfer of funds. Crypto-asset service providers do the same for crypto-asset transfers, and no minimum threshold applies. Transfers involving self-hosted wallets have separate rules, and providers must detect and handle transfers with missing information. The regulation replaced Regulation (EU) 2015/847.
Summary written by the Atlas from the official text; the law itself prevails.
Main articles
- Art. 4-6: Information accompanying transfers of funds.
- Art. 14: Information accompanying transfers of crypto-assets from the originator's CASP.
- Art. 16: Obligations of the beneficiary's CASP.
- Art. 14(5) and 16(2): Transfers to and from self-hosted addresses.
Licences it governs
- CASP · France
Crypto-asset service provider authorization
Crypto-asset service provider authorization under EU MiCA RegulationAMF
- CASP · Latvia
Crypto-asset service provider licence
Crypto-asset service provider licence under MiCALB · capital EUR 50,000
- CASP · Netherlands
Crypto-Asset Service Provider (CASP) authorisation
Crypto-Asset Service Provider (CASP) authorisation under Regulation (EU) 2023/1114 (MiCA)AFM · capital EUR 50,000
- FM · France
Portfolio management company authorisation
AMF
- FM · Netherlands
Alternative Investment Fund Manager (AIFM) licence
Alternative Investment Fund Manager (AIFM) licence under Wft Article 2:65 and Directive 2011/61/EUAFM
- FM · Netherlands
Fund manager licence
Undertakings for Collective Investment in Transferable Securities (UCITS / ICBE) registration under Wft and Directive 2009/65/ECAFM
Regulators that apply it
- Netherlands
Authority for the Financial Markets (AFM)
The Autoriteit Financiële Markten (AFM) is the Netherlands' autonomous conduct-of-business supervisory authority (zelfstandig bestuursorgaan
- France
Financial Markets Authority (AMF)
The Autorité des marchés financiers (AMF) is France's independent financial markets authority. It protects savings invested in financial pro
- Spain
Bank of Spain (BdE)
Banco de España is Spain's national central bank and banking supervisor, operating as an integral part of the European System of Central Ban
- European Union
European Banking Authority (EBA)
The European Banking Authority is an independent EU agency that creates the European Single Rulebook for banking and payments, fosters super
- Estonia
Estonian Financial Intelligence Unit (FIU)
The Estonian Financial Intelligence Unit (Rahapesu Andmebüroo) is an independent government agency under the jurisdiction of the Ministry of
- Latvia
Latvijas Banka (LB)
Latvijas Banka is the central bank of the Republic of Latvia and a member of the Eurosystem. It has stood as the single integrated financial
Sources
- EUR-Lex: CELEX 32023R1113 · retrieved 2026-09-24
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