diff --git a/mintlify/ramps/accounts/external-accounts.mdx b/mintlify/ramps/accounts/external-accounts.mdx
index a64ade15..0dc9cdcf 100644
--- a/mintlify/ramps/accounts/external-accounts.mdx
+++ b/mintlify/ramps/accounts/external-accounts.mdx
@@ -19,7 +19,7 @@ External accounts represent crypto wallet destinations:
 
 - **Spark wallets**: Lightning Network wallets for instant Bitcoin delivery
 - **Self-custody**: User-controlled wallets for full ownership
-- **No beneficiary required**: Crypto wallets don't need compliance information
+- **Beneficiary optional**: First-party wallets use the customer's verified identity; third-party wallets may require beneficiary info for Travel Rule compliance
 
 <Tip>
   Spark wallets are the recommended destination for on-ramps due to instant
@@ -285,7 +285,7 @@ if (await verifySparkWallet(sparkAddress)) {
 ### On-ramp destinations
 
 - **Instant delivery**: Spark wallets receive Bitcoin within seconds
-- **No KYC required**: Self-custody wallets don't need beneficiary info
+- **Beneficiary optional**: First-party wallets use the customer's verified identity
 - **Reusable addresses**: Store and reuse Spark addresses for multiple conversions
 - **No minimum**: Send any amount supported by Lightning Network
 
diff --git a/mintlify/snippets/external-accounts.mdx b/mintlify/snippets/external-accounts.mdx
index 671c698f..17312af3 100644
--- a/mintlify/snippets/external-accounts.mdx
+++ b/mintlify/snippets/external-accounts.mdx
@@ -1820,9 +1820,12 @@ curl -X POST 'https://api.lightspark.com/grid/2025-10-13/customers/external-acco
     }'
 ```
 <Note>
-  Crypto wallets don't require beneficiary information. Send only assets on the
-  named network — EVM addresses look identical across Ethereum, Base, Polygon and
-  Plasma, and funds sent on the wrong network are unrecoverable.
+  First-party crypto wallets (customer's own self-custody) don't require beneficiary
+  information—Grid uses the customer's verified identity. Third-party wallets on
+  platforms with Travel Rule requirements (e.g. EU) must include a `beneficiary`
+  object with `beneficiaryType`, `fullName`, and `countryOfResidence`. Send only
+  assets on the named network—EVM addresses look identical across Ethereum, Base,
+  Polygon, and Plasma, and funds sent on the wrong network are unrecoverable.
 </Note>
 </Tab>
 </Tabs>