diff options
Diffstat (limited to 'doc')
| -rw-r--r-- | doc/flows/kyc-deposit.tex | 10 | ||||
| -rw-r--r-- | doc/flows/kyc-pull.tex | 6 | ||||
| -rw-r--r-- | doc/flows/kyc-push.tex | 6 | ||||
| -rw-r--r-- | doc/flows/kyc-withdraw.tex | 8 | ||||
| -rw-r--r-- | doc/flows/main.tex | 6 | ||||
| -rw-r--r-- | doc/flows/proc-kyb.tex | 29 |
6 files changed, 33 insertions, 32 deletions
diff --git a/doc/flows/kyc-deposit.tex b/doc/flows/kyc-deposit.tex index bbc3138d2..0132cebf6 100644 --- a/doc/flows/kyc-deposit.tex +++ b/doc/flows/kyc-deposit.tex @@ -67,17 +67,17 @@ {\bf Setting} & {\bf Type} & {\bf Value} \\ \hline \hline Allowed bank accounts & RFC 8905 RegEx & {\em CH*} \\ \hline KYB deposit threshold & Amount/month & {\em 5000 CHF} \\ - KYB deposit threshold & Amount/year & {\em 25000 CHF} \\ + KYB deposit threshold & Amount/year & {\em 15000 CHF} \\ Default AML deposit threshold & Amount/month & {\em 5000 CHF} \\ \end{tabular} \end{table} -The KYB deposit threshold of 5'000 \CURRENCY{} per month and than 25'000 -\CURRENCY{} per year ensure compliance with article 48-1b. +%The KYB deposit threshold of 5'000 \CURRENCY{} per month and than 15'000 +%\CURRENCY{} per year ensure compliance. % with article 48-1b. Additionally, our terms of service will prohibit businesses to receive -amounts exceeding 1'000 \CURRENCY{} per transaction (well below the -15'000 \CURRENCY{} threshold defined in article 24-1c). +amounts exceeding 1'000 \CURRENCY{} per transaction. +%(well below the 15'000 \CURRENCY{} threshold defined in article 24-1c). SMS-Identification is done by in-house software. KYB data is initially obtained and vetted by one of several external KYB providers before diff --git a/doc/flows/kyc-pull.tex b/doc/flows/kyc-pull.tex index f647df61e..4d4f2c852 100644 --- a/doc/flows/kyc-pull.tex +++ b/doc/flows/kyc-pull.tex @@ -78,13 +78,13 @@ 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} \\ + P2P KYC threshold & Amount/year & {\em 15000 CHF} \\ Default P2P AML threshold & Amount/month & {\em 5000 CHF} \\ \end{tabular} \end{table} -The P2P KYC thresholds of 5'000 \CURRENCY{} per month and than 25'000 -\CURRENCY{} per year ensure compliance with article 49-2c. +%The P2P KYC thresholds of 5'000 \CURRENCY{} per month and than 15'000 +%\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 diff --git a/doc/flows/kyc-push.tex b/doc/flows/kyc-push.tex index 44defcf8e..c74b3ce16 100644 --- a/doc/flows/kyc-push.tex +++ b/doc/flows/kyc-push.tex @@ -76,13 +76,13 @@ 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} \\ + P2P KYC threshold & Amount/year & {\em 15000 CHF} \\ Default P2P AML threshold & Amount/month & {\em 5000 CHF} \\ \end{tabular} \end{table} -The P2P KYC thresholds of 5'000 \CURRENCY{} per month and than 25'000 -\CURRENCY{} per year ensure compliance with article 49-2c. +%The P2P KYC thresholds of 5'000 \CURRENCY{} per month and than 15'000 +%\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 diff --git a/doc/flows/kyc-withdraw.tex b/doc/flows/kyc-withdraw.tex index 5bb9c9b21..b5605618e 100644 --- a/doc/flows/kyc-withdraw.tex +++ b/doc/flows/kyc-withdraw.tex @@ -45,14 +45,14 @@ Allowed bank accounts & RFC 8905 RegEx & {\em CH*} \\ \hline SMS-Identification & Amount/month & {\em 200 CHF} \\ Withdraw limit & Amount/month & {\em 5000 CHF} \\ - Withdraw limit & Amount/year & {\em 25000 CHF} \\ + Withdraw limit & Amount/year & {\em 15000 CHF} \\ Bounce period & Delay & 1 month \\ \end{tabular} \end{table} -The limit of 200 \CURRENCY{} results from article 48-2. Strictly limiting -withdrawals to less than 5'000 \CURRENCY{} per month and less than 25'000 -\CURRENCY{} per year assures compliance with article 48-1c. +%The limit of 200 \CURRENCY{} results from article 48-2. Strictly limiting +%withdrawals to less than 5'000 \CURRENCY{} per month and less than 15'000 +%\CURRENCY{} per year assures compliance with article 48-1c. SMS-Identification is done by in-house software. Withdraw limits are hard and cannot be raised even if the customer is known. diff --git a/doc/flows/main.tex b/doc/flows/main.tex index 48265288f..d46d93251 100644 --- a/doc/flows/main.tex +++ b/doc/flows/main.tex @@ -63,10 +63,10 @@ fees (see Section~\ref{sec:fees:coin}) that apply to prevent the coins from expiring outright. For customers, we will categorically limit of digital cash withdrawn per month -to less than CHF 5'000 per month and less than CHF 25'000 per year, thus +to less than CHF 5'000 per month and less than CHF 15'000 per year, thus ensuring that consumers remain below the thresholds where most regulatory processes become applicable. Payments between users will be limited -to receiving less than CHF 2'500 per month and less than CHF 25'000 per year. +to receiving less than CHF 2'500 per month and less than CHF 15'000 per year. We will ensure that customers are Swiss (see Section~\ref{sec:proc:domestic}) by requiring them to have a Swiss bank account and/or a Swiss phone number (+41-prefix). @@ -76,7 +76,7 @@ account and/or a Swiss phone number (+41-prefix). For {\bf merchants}, the Taler equivalent of ``opening'' an account and thus establishing an ongoing business relationship is for a business to receive payments (see Section~\ref{sec:pay}) exceeding CHF 5'000/month or CHF -25'000/year. We will consider the account ``open'' (and require up-to-date KYB +15'000/year. We will consider the account ``open'' (and require up-to-date KYB information and check sanction lists) as long as the business has made any transactions within the last 24 months. diff --git a/doc/flows/proc-kyb.tex b/doc/flows/proc-kyb.tex index df60bfe5d..6c84f414c 100644 --- a/doc/flows/proc-kyb.tex +++ b/doc/flows/proc-kyb.tex @@ -78,20 +78,21 @@ vs. Table~\ref{table:proc:kyb:business}). \label{table:proc:kyb:business} \begin{center} \begin{tabular}{l|c|r} - {\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 \\ - Power of attorney arrangement & yes & PDF file \\ - Business registration number & yes & \\ - Business registration document & yes & PDF file \\ - Registration authority & yes & \\ \hline - Contact person name & yes & Max Mustermann \\ - Identification document & yes & JPG image \\ - Date of birth & yes & 1.1.1980 \\ - Nationality & yes & Swiss \\ - E-mail & yes & me@example.com \\ - Phone number & no & +41-123456789 \\ + {\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 \\ + Power of attorney arrangement & yes & PDF file \\ + Business registration number & yes & \\ + Business registration document & yes & PDF file \\ + Registration authority & yes & \\ \hline + Authorized person name & yes & Max Mustermann \\ + Share/authorization certification & yes & PDF file \\ + Identification document & yes & JPG image \\ + Date of birth & yes & 1.1.1980 \\ + Nationality & yes & Swiss \\ + E-mail & yes & me@example.com \\ + Phone number & no & +41-123456789 \\ \end{tabular} \end{center} \end{table} |