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-rw-r--r--doc/flows/proc-kyb.tex12
-rw-r--r--doc/flows/proc-kyc.tex10
2 files changed, 13 insertions, 9 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}
diff --git a/doc/flows/proc-kyc.tex b/doc/flows/proc-kyc.tex
index 006a05561..c279052fa 100644
--- a/doc/flows/proc-kyc.tex
+++ b/doc/flows/proc-kyc.tex
@@ -42,10 +42,11 @@
\label{fig:proc:kyc}
\end{figure}
-At the beginning of the KYC process, the user needs to specify
-whether they are an {\bf individual} or a {\bf business}. This
-then determines which types of attributes are collected in the
-KYC process (Table~\ref{table:proc:kyc:individual} vs.
+At the beginning of the KYC process, the user needs to specify whether they
+are an {\bf individual} or a {\bf business}.\footnote{ In pratice, we expect
+most wallet-users to be individuals, but in principle a wallet could be owned
+by a business.} This then determines which types of attributes are collected
+in the KYC process (Table~\ref{table:proc:kyc:individual} vs.
Table~\ref{table:proc:kyc:business}).
\begin{table}
@@ -66,7 +67,6 @@ Table~\ref{table:proc:kyc:business}).
\end{center}
\end{table}
-
\begin{table}
\caption{Information collected for businesses}
\label{table:proc:kyc:business}