IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT — To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.
What this means for you:
When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents. A corporation, partnership, trust or other legal entity may need to provide other information, such as its principal place of business, local office, employer identification number, certified articles of incorporation, government-issued business license, a partnership agreement or a trust agreement.
What happens if the information requested is not provided or the identity can’t be verified?
You may not be able to open an account or carry out transactions. If the account is already opened, we may have to close it.
ADDITIONAL INFORMATION AND DISCLOSURES:
MMG Bank International, Inc. is not a Broker Dealer and is not registered with FINRA or the SEC. MMG Bank International Inc. is not a Bank covered under the FDIC, and clients´cash balances are not covered by FDIC insurance.
- Electronic Funds Transfer Act
- Unlawful Internet Gambling Enforcement Act
- Data Protection and Privacy