Accept or Reject KYC Templates

VASPs can accept or reject a KYC template by sending an ivms_state_code in the KYC template. It is this action that updates the overall KYC Template State status to either:

  • BE_KYC_ACCEPTED

  • BE_KYC_REJECTED

  • OR_KYC_ACCEPTED

  • OR_KYC_REJECTED

ivms_state_code Description

0202

Accepted

0307

Temporary Rejection

0308

Permanent Rejection
If a permanent rejection (0308) is sent, the KYC template in question can no-longer be sent back and forth between peers.

Coin Transaction Hash

The coin_transaction_hash can only be posted from the oVASP, and the posting time is when the oVASP accepts the bVASP encrypted IVMS. (ivms_state_code: 0202). So you need to post ivms_state_code and coin_transaction_hash at the same time; other steps cannot update the coin_transaction_hash value.