AML / KYC Settings

Your AML/KYC settings are created and configured here. One setting may be applied to all Terminals, or they may be individually configured, or anywhere in-between.

AML/KYC Dashboard

The AML/KYC dashboard displays a concise summary of your system-wide AML/KYC settings.

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General Settings

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Configuration types:

One (or more) need to be enabled/selected to define your sale limits. The limits control how the approval process is applied (if applied at all).

• VIP limits may be used for select individuals to permit larger transactions and discounts.

  • See: Identities: VIP

Travel Rules are available only for the Registered and Unregistered tiers.

• Travel Rules always require a Name, which can only be entered in those tiers. See: https://generalbytes.atlassian.net/l/cp/2rj6UPZF

• The mandatory party data (configured in the Travel Rule Setting) will be treated as required and must be collected as an authentication instruction.

• The instruction may be configured as a so that it only needs to be collected once.

If AML/KYC is not implemented, use Anonymous Limits to restrict individual transaction amounts.

• The “Cash Limit Per Transaction” amount here must be less than the Unregistered limit.

• “Cash Limit Per Crypto Address” is used instead of an Identity. This limits the total amounts by the wallet, which can cause rejections if many anonymous users send to the same wallet address.

• Adjust the button text (if desired): https://generalbytes.atlassian.net/l/cp/ViSD5Eep

Unregistered Customers have not completely satisfied (or do not require) KYC verification.

• The “Cash Limit Per Transaction” amount here must be higher than the Anonymous limit, and

• the “Cash Limit Per Transaction” amount here must be less than the Registered limit.

• Adjust the button text (if desired): https://generalbytes.atlassian.net/l/cp/ViSD5Eep

• an umbrella indicates that the specified information is only requested if the server already has the data, and identifies the Identity by phone number or fingerprint.

  • The information requested must be listed after the Authentication Cellphone Number or the Authentication Fingerprint.

  • Name is required data when using the Travel Rule. See: https://generalbytes.atlassian.net/l/cp/2rj6UPZF

Registered Customers have satisfied your KYC requirements and can purchase up the limits set in this section.

• The “Cash Limit Per Transaction” amount here must be higher than the Unregistered limit, and

• the “Cash Limit Per Transaction” amount here must be less than the Premium limit.

• Adjust the button text (if desired): https://generalbytes.atlassian.net/l/cp/ViSD5Eep

• an umbrella indicates that the specified information is only requested if the server already has the data, and identifies the Identity by phone number or fingerprint.

  • The required information must be listed after the Authentication Cellphone Number, or the Authentication Fingerprint.

  • Name is required data when using the Travel Rule.

    • See: Travel Rule Settings | Mandatory Party Data

Premium Customers are preferred customers with the highest limits. If implemented, these amounts must exceed all others.

• The “Cash Limit Per Transaction” amount here must be higher than the Registered limit.

• No button is displayed on the BATM screen for this tier - customers using this tier are “Registered” but enjoy the higher limits associated with this tier.

All configurations offer these options (except Premium):

Limits

Shared Limits

• Cash Limit Per Transaction* must be NON-ZERO!

• Cash Limit Per Hour

• Cash Limit Per Day

• Cash Limit Per Week (“week” set here: Organization | Transaction Limit Calculations )

• Cash Limit Per Month (“month” set here: Organization | Transaction Limit Calculations )

• Cash Limit Per 3 Months

• Cash Limit Per 12 Months

• Cash Limit Per Calendar Year Quarter

• Cash Limit Per Calendar Year

• Cash Limit Per Day And Crypto Address

Unregistered, Registered, and Premium (only) Limits

• Total Identity Cash Limit

Total Terminal Limits

Restrict aggregate transactions to specific amounts, or leave it at zero for no restrictions. This limit prevents the BATM from running out of fiat (and being out of service), or exceeding safe amounts in the cashbox.

Cash Limit Per Day For Buy*: set the maximum BUY cash amount per BATM.
Cash Limit Per Day For Sell*: set the maximum SELL cash amount per BATM.

Identity Cash Limits

Set the maximum cash cap limit for the identity. This limit is distinct from the "Cash Limit Per Day" limit and serves to restrict the amount of money that can be deposited directly into the terminal in cash. Transactions exceeding this amount can still be processed, but not through the terminal; they must be conducted via GB Safe instead. To activate this feature, allow "buy orders" in the terminal configuration.

• Maximum cash cap limit per day

Verification Logic

Drag and Drop verification methods from the list on the right, to the appropriate section. Items will be requested in the order they are placed.

Registration items are required to comply with your policies.

Authentication items are required prior to a transaction to prove a customer’s identity.

• "Instruction not always required" means that (when checked) once the question has been asked & answered, it will not be asked again. Some Registration/Authentication items do not offer this option, and the customer will be asked for the information at every visit.

• "Use The Instruction For Search" sets the primary lookup method, i.e. your Identities will be sorted and picked out by that specific Authentication method.

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