How is my GGMF account structured?

Every Account Holder, irrespective of the type of account, whether a Sovereign Individual, Charity, Corporate, Trust, Government Department, etc. is required to: –

Firstly, complete the application process for an account on the GGMF Platform.

Secondly, As part of the application process, the standard, Know-Your-Client (KYC) Information, Anti-Money Laundering Regulations, will have to be supplied.

Thirdly, Sovereign Individuals, who are sixteen (16) years or older can open an account in their own name, and for children younger than sixteen (16) their parents may open the account for and on their behalf.

Fourthly, the domicile of the account, which determines the country benefits payable, will be determined. This is based upon the Account Holder’s (Sovereign Individual) residency and country of birth. If the Account Holder has not been resident in a country for ten (10) or more years, the domicile will be their country of birth.

Fifthly, once the Account Holder has registered and received approval for their account, an account will be opened and the Account Holder will be provided with details on how to access and operate their account, including being supplied with a debit card and offline device for decentralised processing of transactions.