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GlossaryPayments & accounts

Destination tag or memo

An additional identifier required by some blockchain networks or custodial wallets to assign a transfer to the correct account.

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Common comparison error

The main wallet address alone may not identify the receiving customer when a destination tag or memo is required.

Practical use

How to verify Destination tag or memo

Read Destination tag or memo together with Crypto network, Account holder mismatch, Crypto deposit. The comparison must preserve the exact rule, value, state, and evidence described below.

A neutral example

A custodial XRP address is shared by many customers, so the broker assigns memo 482731 to one account. Both the address and memo are confirmed before the transfer.

Evidence path

Where to verify Destination tag or memo

Use the source that governs the exact contract, account, entity, or platform state. A general definition cannot replace current broker terms.

Cashier and payment termsCheck the intended account, currency, country, method limits, ownership rule, fees, processing stages, and withdrawal route.
Transaction and support recordsKeep request IDs, status changes, document requests, provider receipts, rejection reasons, and completed amounts.