Changes to banking rules to be introduced next week – Government

July 21, 2020 – Mount Vema – A Mount Vema Bank account was a straight forward process after the rules were relaxed to make it easier for people applying for Mount Vema citizenship to be able to build a history with the society before applying for citizenship, but this is about to come to an end when the Government will re-introduce the old rule that will force Mount Vema banks to provide banking facilities to people with ties to Mount Vema only.  

The official announcement which will be made next week will see banks like the RBMV Bank opening bank accounts only to Mount Vema citizens, Mount Vema companies, city of Mount Vema project participants worldwide (people and companies providing goods and services to Mount Vema), their employees, as well as people and companies opening bank accounts for the purpose of investments only.