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authorChristian Grothoff <christian@grothoff.org>2023-07-10 19:48:24 +0200
committerChristian Grothoff <christian@grothoff.org>2023-07-10 19:48:24 +0200
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tree22f16b77639ab303d824a53f067a7ccc73f435a6 /doc/flows/proc-kyb.tex
parentc6676f1aa50a667b1da19d52bff8d609a1b0b3cb (diff)
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\end{figure}
At the beginning of the KYB process, the user needs to specify whether they
-are an {\bf individual} (not incorporated) or a {\bf business}.\footnote{ In
-pratice, we expect most owners of bank accounts crossing the KYB threshold to
+are an {\bf individual} (not incorporated) or a {\bf business}.\footnote{In
+practice, we expect most owners of bank accounts crossing the KYB threshold to
be businesses, but in principle such a bank account could be owned by an
individual operating a business without a separate legal entity.} This then
determines which types of attributes are collected in the KYB process