Published
bank
vr.tr.bank · thing-q22687
Let an agent handle banks by licence, regulator, identifiers, services and deposit protection, verify legitimacy, and never move money or ask for credentials.
Thing Registry Society, people and institutions SOC.ORG
Bundle → Layer → Finding → QuestionsClassifiersWhat it isWhy it existsDistinguishing featuresWhat robots and AI may and may not doMoral aspectsOwnersLinks to other meta-modelsIdentity and identifiersDirect propertiesRecognitionCapabilities and actionsHazards and failure modesStandards and interfacesContext of useSources
Bundle → Layer → Finding → Questions Filled
4 bundles · 8 layers · 8 findings · 16 questions
Identity Which bank.
Licence
Authorisation.
Licence
Licence and regulator.
- Is it a licensed bank, and with which regulator? provenance
- What are its BIC and LEI? provenance
Verification
Genuine contact.
Verification
How to verify contact.
- Is this website or message really from the bank? boundary
- Which official channel should be used instead? action
Services What it offers.
Products
Accounts, loans, payments.
Products
Services offered.
- Which services does it offer? definition
- What fees apply? measurement
Access
Branches and apps.
Access
Access channels.
- How can customers access services? definition
- Is support accessible? boundary
Protection Safety of deposits.
Deposit protection
Guarantee scheme.
Deposit guarantee
Protection coverage.
- Which deposit guarantee scheme covers it, up to what limit? provenance
- Does the limit apply per bank or per brand? boundary
Fraud
Scams.
Fraud
Fraud protections.
- What should a customer do if they suspect fraud? action
- Must the agent ever ask for passwords or codes? boundary
Redress Complaints.
Complaints
Bank complaints.
Complaints
Complaint process.
- How is a complaint made to the bank? action
- Within what time must it reply? boundary
Ombudsman
External redress.
Ombudsman
External redress.
- Which ombudsman handles disputes? provenance
- When can a customer go there? boundary
Classifiers Filled
- Family
- Thing Registry
- Category
- Society, people and institutions
- Entry kind
- thing
- Plane
- SOC
- Domain
- SOC.ORG
- Other names and narrower kinds
- Federal Reserve Bank, HDFC Bank branch, chartered bank, Bank van Lening, Sovzagranbank, large bank, international bank, Alkes Research, Policy bank, Stanbic IBTC Bank Ltd., Mega Bank, special bank
What it is Filled
A financial institution licensed to accept deposits and make loans, and often to provide payments, savings and other financial services; central banks are a distinct kind with public mandates.
Why it exists Filled
Let an agent handle banks by licence, regulator, identifiers, services and deposit protection, verify legitimacy, and never move money or ask for credentials.
Distinguishing features Filled
- Licensed to take deposits
- Regulated and supervised
- Deposits may be insured up to a limit
- Central banks issue currency and set policy
What robots and AI may and may not do Filled
Must not
- Move money, open accounts or take loans on a person's behalf.
- Impersonate a bank or imitate its messages.
- Give personalised investment or lending advice.
- Help launder money or evade sanctions.
Only with a human decision
- Any transaction or account change.
May
- Report a bank's name, licence and regulator from official registers.
- Help a customer understand published products and fees in general terms.
Moral aspects Filled
- Banks hold people's savings and access to credit; fraud and exclusion cause real hardship.
- Bank impersonation is a leading route to fraud.
Who is affected
- Customers
- Depositors
- People excluded from banking
Owners Filled
Steward
Its shareholders or members own it; the banking regulator licenses and supervises it.
Master systems
- Registers of licensed banks
Links to other meta-models Filled
parent
- Q1416431 - registry parent class
- Q5260792 - registry parent class
- Q650241 - registry parent class
- Q6881511 - registry parent class
- Q730038 - registry parent class
related
- financial institution - intermediary
- money - deposits
- payment - services
- banking supervisor - oversight
What else AI and robots need to interact with it Filled
Identity and identifiers required Filled
- Vercy registry: vr.tr.bank
- Wikidata: Q22687 (https://www.wikidata.org/wiki/Q22687)
- BIC/SWIFT code: 8 or 11 characters identifies the bank
- LEI: 20 characters legal entity
- national bank code: country-specific such as sort codes
Direct properties not applicable Not applicable
Not applicable
Plane SOC: no invented physical properties.
Recognition optional Filled
- Registered name and licence number
- BIC/SWIFT code for international payments
- Branch addresses; impersonation sites mimic real banks
- Branches, apps and websites with the bank name, licence information and security features.
Capabilities and actions required Filled
- open accounts and deposit money
- borrow and pay
- verify its licence and deposit protection
- complain to it and to an ombudsman
Hazards and failure modes required Filled
- Phishing and bank impersonation
- Bank failures, with protection up to limits
- Fraud targeting customers
- Agents mishandling credentials
Standards and interfaces required Filled
- Basel III capital standards
- EU Capital Requirements Directive and Regulation
- Deposit guarantee schemes such as EU Directive 2014/49/EU
- Anti-money-laundering law
Context of use required Filled
- Holding deposits, lending, processing payments and supporting the economy.
- commercial and retail banks
- savings and cooperative banks
- investment banks
- central banks such as a Federal Reserve Bank
- online-only banks
- historical banks and pawn banks
Sources Filled
- Wikidata item Q22687: bank - identity and sense of the item
- Wikipedia: Bank - general description of the item
Open questions
- Should banks be instances linked to registers?
- How should agents verify bank communications?
- How should central banks be separated?
Machine files
Provenance
thing registry research (pass 2) · unreviewed
Built from: models/things/publications/thing-q22687/spec.json