From a8b3f0eb4ea6c7b438a4081fe9a91b38ac60b07d Mon Sep 17 00:00:00 2001
From: Christian Grothoff <christian@grothoff.org>
Date: Sun, 2 Jul 2023 14:33:59 +0200
Subject: work on regulator text

---
 doc/flows/kyc-deposit.tex | 15 +++++++++++----
 1 file changed, 11 insertions(+), 4 deletions(-)

(limited to 'doc/flows/kyc-deposit.tex')

diff --git a/doc/flows/kyc-deposit.tex b/doc/flows/kyc-deposit.tex
index bac0ead4e..b6345ad79 100644
--- a/doc/flows/kyc-deposit.tex
+++ b/doc/flows/kyc-deposit.tex
@@ -14,8 +14,8 @@
     ]
  \node (start) [start] {Start};
  \node (country) [decision,below=of start,text width=2.5cm] {Target account in allowed country?};
- \node (amount) [decision, below=of country,text width=2.5cm] {Target account received less than KYC threshold?};
- \node (kyc) [process, right=of amount] {KYC process};
+ \node (amount) [decision, below=of country,text width=2.5cm] {Target account received less than KYB threshold?};
+ \node (kyc) [process, right=of amount] {KYB process};
  \node (high) [decision, below=of amount,text width=2.5cm] {Target account received more than its AML threshold?};
  \node (aml) [process, right=of high] {AML process};
  \node (dummy) [below right=of aml] {};
@@ -66,8 +66,15 @@
   \begin{tabular}{l|l|r}
     {\bf Setting}                 & {\bf Type}         & {\bf Value}    \\ \hline \hline
     Allowed bank accounts         & RFC 8905 RegEx     & {\em CH*}      \\ \hline
-    KYC deposit threshold         & Amount/month       & {\em  5000 CHF} \\
-    KYC deposit threshold         & Amount/year        & {\em 15000 CHF} \\
+    KYB deposit threshold         & Amount/month       & {\em  5000 CHF} \\
+    KYB deposit threshold         & Amount/year        & {\em 25000 CHF} \\
     Default AML deposit threshold & Amount/month       & {\em  2500 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.
+
+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).
-- 
cgit v1.2.3


From 8d6bce26ad056fca1f097c66de62e01476157850 Mon Sep 17 00:00:00 2001
From: Christian Grothoff <christian@grothoff.org>
Date: Sun, 2 Jul 2023 15:22:28 +0200
Subject: clarify what happens on block

---
 doc/flows/kyc-deposit.tex | 4 ++--
 1 file changed, 2 insertions(+), 2 deletions(-)

(limited to 'doc/flows/kyc-deposit.tex')

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}
 
 
-- 
cgit v1.2.3


From 2d4ebd3fc390f539c3e9f599046176e950a4619f Mon Sep 17 00:00:00 2001
From: Christian Grothoff <christian@grothoff.org>
Date: Sun, 2 Jul 2023 16:09:09 +0200
Subject: unconfuse pay and deposit

---
 doc/flows/kyc-deposit.tex | 2 +-
 1 file changed, 1 insertion(+), 1 deletion(-)

(limited to 'doc/flows/kyc-deposit.tex')

diff --git a/doc/flows/kyc-deposit.tex b/doc/flows/kyc-deposit.tex
index c2b2ff24f..7e1c3d1ef 100644
--- a/doc/flows/kyc-deposit.tex
+++ b/doc/flows/kyc-deposit.tex
@@ -1,4 +1,4 @@
-\section{KYC: Deposit}
+\section{KYC: Deposit} \label{sec:kyc:deposit}
 
 \begin{figure}[h!]
   \begin{center}
-- 
cgit v1.2.3

