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Diffstat (limited to 'doc/flows/proc-kyb.tex')
| -rw-r--r-- | doc/flows/proc-kyb.tex | 12 |
1 files changed, 8 insertions, 4 deletions
diff --git a/doc/flows/proc-kyb.tex b/doc/flows/proc-kyb.tex index fa7761b89..fa63976fb 100644 --- a/doc/flows/proc-kyb.tex +++ b/doc/flows/proc-kyb.tex @@ -43,9 +43,13 @@ \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}. This then +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 +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 -(Table~\ref{table:proc:kyb:individual} vs. Table~\ref{table:proc:kyb:business}). +(Table~\ref{table:proc:kyb:individual} +vs. Table~\ref{table:proc:kyb:business}). \begin{table} \caption{Information collected for unincorporated individuals} @@ -77,7 +81,7 @@ determines which types of attributes are collected in the KYB process {\bf Type} & {\bf Required} & {\bf Example} \\ \hline \hline Company name & yes & Mega AG \\ Registered office & yes & Seestrasse 4, 8008 Zuerich \\ - Company identification document & yes & PDF file \\ + Company identification document & yes & PDF file \\ Power of attorney arrangement & yes & PDF file \\ Business registration number & yes & \\ Business registration document & yes & PDF file \\ @@ -85,7 +89,7 @@ determines which types of attributes are collected in the KYB process Contact person name & yes & Max Mustermann \\ Identification document & yes & JPG image \\ Date of birth & yes & 1.1.1980 \\ - Nationality & yes & Swiss \\ + Nationality & yes & Swiss \\ E-mail & yes & me@example.com \\ Phone number & no & +41-123456789 \\ \end{tabular} |