Global Holdings Account Type

Global Holdings offers a dedicated account for consumers enrolled in a debt settlement program. The account is FDIC insured and allows clients to maintain control over their funds while making deposits to settle debts with creditors. The account types primarily include:

• FDIC Insured Account: This account is set up in the consumer's name and is used to save funds for paying creditors and related fees.
• Regular Deposits: Consumers can authorize automatic deposits from their personal checking or savings accounts, which will appear on bank statements as Global GH LLC.
• Payment Options: Deposits can also be made via personal checks, cashier's checks, money orders, or wire transfers.

Global Holdings Broker Account Opening Process

Opening an account with Global Holdings is straightforward and can be completed in a few steps:

• Sign Up: Consumers must enroll in a debt settlement program with a debt settlement provider and apply for a Global account simultaneously.
• Account Setup: Global will set up an FDIC insured account in the consumer's name.
• Deposit Funds: Consumers can make regular deposits by authorizing Global to debit their personal accounts or by mailing checks and money orders to the specified payment address.
• Accessing the Account: Clients can access their accounts online or through the Global Holdings mobile app by logging in with their provided credentials.
• Monthly Statements: Clients will receive their first monthly account statement by mail after the initial deposit, with future statements available online unless opted out of electronic statements.

For more information, clients can contact Global Holdings at 800-398-7191.