Core-X / Features / Customers, accounts and KYC tiers
Customers, accounts and KYC tiers
Customers are onboarded into tiers. The higher the tier, the higher the balance and daily limits, and the limits are enforced at the moment money moves.
Works in the demo bank
What it does
- Three KYC tiers with balance, single-payment and daily-outflow limits that the bank sets.
- BVN and NIN verification through Mono, with the customer confirming by a one-time code. Only the last four digits of an ID number are kept.
- Account holds, freezes and closures, each with a reason and a name on the record.
- Statements as PDF and CSV, branded for the bank.
- Concurrent deposits cannot slip past a balance cap, checked in the test suite with twenty simultaneous requests.