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authorChristian Grothoff <christian@grothoff.org>2023-08-24 22:47:25 +0200
committerChristian Grothoff <christian@grothoff.org>2023-08-24 22:47:25 +0200
commitffa45201bd1c279a5ca83cd8dedf08ac115049e1 (patch)
treebf6b45aad007690f274b2212889491078b353d56 /doc/flows/kyc-push.tex
parentbafd446f7688e6764cb1d9aad9f38e2712753d4b (diff)
make amounts more consistent
Diffstat (limited to 'doc/flows/kyc-push.tex')
-rw-r--r--doc/flows/kyc-push.tex18
1 files changed, 12 insertions, 6 deletions
diff --git a/doc/flows/kyc-push.tex b/doc/flows/kyc-push.tex
index 93a6fdaa5..44defcf8e 100644
--- a/doc/flows/kyc-push.tex
+++ b/doc/flows/kyc-push.tex
@@ -72,13 +72,19 @@
\caption{Settings for the push payment trigger. Note that the operation
must satisfy all of the given rules.}
\begin{tabular}{l|l|r}
- {\bf Setting} & {\bf Type} & {\bf Value} \\ \hline \hline
- Permitted phone numbers & Dialing prefix & {\em +41} \\
- P2P KYC threshold & Amount/month & {\em 1000 CHF} \\
- P2P KYC threshold & Amount/year & {\em 5000 CHF} \\
- Default P2P AML threshold & Amount/month & {\em 2500 CHF} \\
+ {\bf Setting} & {\bf Type} & {\bf Value} \\ \hline \hline
+ Permitted phone numbers & Dialing prefix & {\em +41} \\
+ SMS-Identification & Amount/month & {\em 0 CHF} \\
+ P2P KYC threshold & Amount/month & {\em 5000 CHF} \\
+ P2P KYC threshold & Amount/year & {\em 25000 CHF} \\
+ Default P2P AML threshold & Amount/month & {\em 5000 CHF} \\
\end{tabular}
\end{table}
-The P2P KYC thresholds of 1'000 \CURRENCY{} per month and than 5'000
+The P2P KYC thresholds of 5'000 \CURRENCY{} per month and than 25'000
\CURRENCY{} per year ensure compliance with article 49-2c.
+
+SMS-Identification is done by in-house software. KYC data is initially
+obtained and vetted by one of several external KYC providers before
+being passed for manual validation by our own staff who can then
+determine appropriate AML thresholds and set review criteria.