- batch file transfer
means a bundle of several individual transfers of funds or transfers of crypto-assets put together for transmission;
- beneficiary
means a person that is the intended recipient of the transfer of crypto-assets;
- correspondent relationship
means:
- crypto-asset
means a crypto-asset as defined in Article 3(1), point (5), of Regulation (EU) 2023/1114 of the European Parliament and of the Council, except where falling within the categories listed in Article 2(2), (3) and (4) of that Regulation or otherwise qualifying as funds;
- crypto-asset account
means an account held by a crypto-asset service provider in the name of one or more natural or legal persons and that can be used for the execution of transfers of crypto-assets;
- crypto-asset service provider
means a crypto-asset service provider as defined in Article 3(1), point (15), of Regulation (EU) 2023/1114, where performing one or more crypto-asset services as defined in Article 3(1), point (16), of that Regulation;
- crypto-ATMs
means physical or on-line electronic terminals that enable a crypto-asset service provider to perform, in particular, the activity of transfer services for crypto-assets, as referred to in Article 3(1), point (16)(j), of Regulation (EU) 2023/1114;
- distributed ledger address
means an alphanumeric code that identifies an address on a network using distributed ledger technology (DLT) or similar technology where crypto-assets can be sent or received;
- DLT
means distributed ledger technology as defined in Article 3(1), point (1), of Regulation (EU) 2023/1114.
- funds
means funds as defined in Article 4, point (25), of Directive (EU) 2015/2366;
- intermediary crypto-asset service provider
means a crypto-asset service provider that is not the crypto-asset service provider of the originator or of the beneficiary and that receives and transmits a transfer of crypto-assets on behalf of the crypto-asset service provider of the originator or of the beneficiary, or of another intermediary crypto-asset service provider;
- intermediary payment service provider
means a payment service provider that is not the payment service provider of the payer or of the payee and that receives and transmits a transfer of funds on behalf of the payment service provider of the payer or of the payee or of another intermediary payment service provider;
- LEI
means a unique alphanumeric reference code based on the ISO 17442 standard assigned to a legal entity;
- money laundering
means the money laundering activities referred to in Article 1(3) and (4) of Directive (EU) 2015/849;
- originator
means a person that holds a crypto-asset account with a crypto-asset service provider, a distributed ledger address or a device allowing the storage of crypto-assets, and allows a transfer of crypto-assets from that account, distributed ledger address, or device, or, where there is no such account, distributed ledger address, or device, a person that orders or initiates a transfer of crypto-assets;
- payee
means a person that is the intended recipient of the transfer of funds;
- payer
means a person that holds a payment account and allows a transfer of funds from that payment account or, where there is no payment account, that gives a transfer of funds order;
- payment account
means a payment account as defined in Article 4, point (12), of Directive (EU) 2015/2366;
- payment service provider
means the categories of payment service provider referred to in Article 1(1) of Directive (EU) 2015/2366, natural or legal persons benefiting from a waiver pursuant to Article 32 thereof and legal persons benefiting from a waiver pursuant to Article 9 of Directive 2009/110/EC, providing transfer of funds services;
- person-to-person transfer of crypto-assets
means a transfer of crypto-assets without the involvement of any crypto-asset service provider;
- self-hosted address
means a self-hosted address as defined in Article 3, point (20), of Regulation (EU) 2023/1113 of the European Parliament and of the Council.
- terrorist financing
means terrorist financing as defined in Article 1(5) of Directive (EU) 2015/849;
- transfer of crypto-assets
means any transaction with the aim of moving crypto-assets from one distributed ledger address, crypto-asset account or other device allowing the storage of crypto-assets to another, carried out by at least one crypto-asset service provider acting on behalf of either an originator or a beneficiary, irrespective of whether the originator and the beneficiary are the same person and irrespective of whether the crypto-asset service provider of the originator and that of the beneficiary are one and the same;
- transfer of funds
means any transaction at least partially carried out by electronic means on behalf of a payer through a payment service provider, with a view to making funds available to a payee through a payment service provider, irrespective of whether the payer and the payee are the same person and irrespective of whether the payment service provider of the payer and that of the payee are one and the same, including:
- unique transaction identifier
means a combination of letters, numbers or symbols determined by the payment service provider, in accordance with the protocols of the payment and settlement systems or messaging systems used for the transfer of funds, or determined by a crypto-asset service provider, which permits the traceability of the transaction back to the payer and the payee or the traceability of the transfer of crypto-assets back to the originator and the beneficiary;