If you have set beneficiaries to your account, these individuals will be entitled to 0-100% of your account holdings as per your instructions. They will have to provide CDD documentation before any payment or credit is made to them.
Dominion highly encourages all account owners to assign beneficiaries to their accounts. You may assign any individual as a beneficiary, not limited to relatives or legal heirs in your home country. As per Guernsey legislation, they are fully entitled to beneficial ownership of all account assets and will be processed diligently upon death of the account owner.
If you have not set beneficiaries, legal heirs in your home country will have to contact our compliance department who will confirm what is required to prove legal entitlement and the CDD documentation required.