diff options
| -rw-r--r-- | doc/flows/kyc-deposit.tex | 4 | ||||
| -rw-r--r-- | doc/flows/kyc-pull.tex | 5 | ||||
| -rw-r--r-- | doc/flows/kyc-push.tex | 4 |
3 files changed, 8 insertions, 5 deletions
diff --git a/doc/flows/kyc-deposit.tex b/doc/flows/kyc-deposit.tex index b6345ad79..c2b2ff24f 100644 --- a/doc/flows/kyc-deposit.tex +++ b/doc/flows/kyc-deposit.tex @@ -55,8 +55,8 @@ \end{tikzpicture} \end{center} \caption{Regulatory process when depositing digital cash into a bank - account. When the transfer is denied, the money is returned to the - originating wallet.} + account. When the transfer is denied, the money is held in escrow + until authorities authorize the transfer.} \end{figure} diff --git a/doc/flows/kyc-pull.tex b/doc/flows/kyc-pull.tex index d131d1306..c89986ea1 100644 --- a/doc/flows/kyc-pull.tex +++ b/doc/flows/kyc-pull.tex @@ -63,7 +63,10 @@ \end{center} \caption{Regulatory process when receiving payments from another wallet. The threshold depends on the risk profile from the KYC process. - When invoicing is denied the wallet cannot generate the invoice.} + When KYC thresholds would be passed, the receiving wallet cannot + generate a valid invoice until it has provided the KYC data. + When a transfer is denied by AML staff, the money is held in escrow + until authorities authorize the transfer.} \end{figure} diff --git a/doc/flows/kyc-push.tex b/doc/flows/kyc-push.tex index 4cc09c189..93a6fdaa5 100644 --- a/doc/flows/kyc-push.tex +++ b/doc/flows/kyc-push.tex @@ -63,8 +63,8 @@ \end{center} \caption{Regulatory process when receiving payments from another wallet. The threshold depends on the risk profile from the KYC process. - When the transfer is denied the money is (eventually) returned to - the originating wallet.} + When the transfer is denied, the money is held in escrow + until authorities authorize the transfer.} \end{figure} |