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diff --git a/doc/flows/kyc-pull.tex b/doc/flows/kyc-pull.tex new file mode 100644 index 000000000..4d4f2c852 --- /dev/null +++ b/doc/flows/kyc-pull.tex @@ -0,0 +1,92 @@ +\section{KYC/AML: Pull Payment} \label{sec:kyc:pull} + +\begin{figure}[h!] + \begin{center} +\begin{tikzpicture}[node distance=0.9cm,font=\sffamily, + start/.style={rectangle, rounded corners, minimum width=3cm, minimum height=1cm,text centered, draw=black, fill=yellow!30}, + end/.style={rectangle, rounded corners, minimum width=3cm, minimum height=1cm,text centered, draw=black, fill=red!30}, + process/.style={rectangle, minimum width=3cm, minimum height=1cm, text centered, draw=black, fill=orange!30}, + failed/.style={rectangle, rounded corners, minimum width=3cm, minimum height=1cm, text centered, draw=black, fill=red!30}, + io/.style={trapezium, trapezium left angle=70, trapezium right angle=110, minimum width=3cm, minimum height=1cm, text centered, draw=black, fill=blue!30}, + decision/.style={diamond, minimum width=3cm, minimum height=1cm, text centered, draw=black, fill=green!30}, + arr/.style={very thick,-latex}, + every edge quotes/.style = {auto, font=\footnotesize, sloped} + ] + \node (start) [start] {Start}; + \node (wallet) [decision,below=of start,text width=2.5cm] {Wallet linked to (domestic) phone number?}; + \node (domestic) [process, right=of wallet] {Validate phone number}; + \node (amount) [decision, below=of wallet,text width=2.5cm] {Wallet received less than KYC threshold from other wallets?}; + \node (kyc) [process, right=of amount] {KYC process}; + \node (high) [decision, below=of amount,text width=2.5cm] {Wallet received more than its AML threshold?}; + \node (aml) [process, right=of high] {AML process}; + \node (dummy) [below right=of aml] {}; + \node (allow) [end, below right=of dummy] {Allow invoicing}; + \node (deny) [failed, right=of kyc] {Deny}; + \draw[arr] (start) -> (wallet) {}; + + \draw[arr] (wallet) -> (amount); + \draw (wallet) edge["Yes"] (amount); + + \draw[arr] (wallet.east) -> (domestic); + \draw (wallet.east) edge["No"] (domestic); + + \draw[arr] (domestic) -> (amount); + \draw (domestic) edge["Confirmed"] (amount); + + \draw[arr] (domestic) -> (deny); + \draw (domestic) edge["Failed"] (deny); + + \draw[arr] (amount) -> (high); + \draw (amount) edge["Yes"] (high); + + \draw[arr] (amount.east) -> (kyc); + \draw (amount.east) edge["No"] (kyc); + + \draw[arr] (kyc) -> (deny); + \draw (kyc) edge["Failed"] (deny); + + \draw[arr] (kyc) -> (high); + \draw (kyc) edge["Succeeded"] (high); + + \draw[arr] (high.south) -> (allow); + \draw (high.south) edge["Yes"] (allow); + + \draw[arr] (high.east) -> (aml); + \draw (high.east) edge["No"] (aml); + + \draw[arr] (aml) -> (deny); + \draw (aml) edge["Violation"] (deny); + + \draw[arr] (aml) -> (allow); + \draw (aml) edge["Ok"] (allow); +\end{tikzpicture} + \end{center} + \caption{Regulatory process when receiving payments from another wallet. + The threshold depends on the risk profile from the KYC process. + 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} + + +\begin{table}[h!] + \caption{Settings for the pull payment trigger. Note that the operation + must satisfy all of the given rules.} + \begin{tabular}{l|l|r} + {\bf Setting} & {\bf Type} & {\bf Value} \\ \hline \hline + 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 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 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 +being passed for manual validation by our own staff who can then +determine appropriate AML thresholds and set review criteria. |