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Diffstat (limited to 'doc/flows/kyc-pull.tex')
| -rw-r--r-- | doc/flows/kyc-pull.tex | 16 |
1 files changed, 11 insertions, 5 deletions
diff --git a/doc/flows/kyc-pull.tex b/doc/flows/kyc-pull.tex index 092892ae5..c89986ea1 100644 --- a/doc/flows/kyc-pull.tex +++ b/doc/flows/kyc-pull.tex @@ -1,4 +1,4 @@ -\section{KYC/AML: Pull Payment} +\section{KYC/AML: Pull Payment} \label{sec:kyc:pull} \begin{figure}[h!] \begin{center} @@ -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} @@ -73,8 +76,11 @@ \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 5000 CHF} \\ - P2P KYC threshold & Amount/year & {\em 15000 CHF} \\ - Default P2P AML threshold & Amount/month & {\em 1000 CHF} \\ + 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} \\ \end{tabular} \end{table} + +The P2P KYC thresholds of 1'000 \CURRENCY{} per month and than 5'000 +\CURRENCY{} per year ensure compliance with article 49-2c. |