International banking operations are becoming more and more complicated and over-regulated especially when it comes to large sums alarming many banks, to the point of closing customer accounts at the mere mention of large sums of incoming funds for non-compliance by banks, thereby blocking the client\’s funds until he can prove the legality and ownership of the funds, which is very frustrating and costly for the client.
We offer Comprehensive Paymaster Services for brokers and companies for the distribution of commissions of all commercial and financial transactions, including:
Transactions on energy products (oil, gas, etc.), raw materials, financial services (banking instruments, monetary transactions, bank guarantees, etc.), transactions in gold and precious stones, etc.
We help BROKERS receive all commission payments on time and legally to avoid blockages at their banks, by handling incoming funds and then disbursing them in accordance with an IMFPA or other fee disbursement agreement.
We are also reliable Partners for companies and institutions that do international trade, through our Paymaster Lawyers and international lawyers who manage commercial transactions on a global level. Payments of fees and commissions must be processed securely and on time around the world to meet legal and international compliance requirements which meet international regulations will be carefully considered.
Why are Paymaster services useful?
Payment and escrow services are often used to reduce risk in financial transactions. This passage through a payer is very useful both for the one who will give funds (often called buyer) and for the one who will receive them whether he is owner, supplier, etc… (often called seller) insofar as :
1- They assure sellers that buyers have the necessary funds to properly settle the transaction,
2- and; They guarantee that the funds and assets of the said operation will be transferred to the beneficiaries according to the conditions agreed upon on by both sides.
N.B: Paymaster services, as our financial partners offer, are a safe way to manage large transactions with minimal risk since specialized lawyers supervise them.
Before accepting a file, we must receive an idea of the whole operation, type of transactions, country, banks, amount, etc…
Service fees are from 1.5% for each transaction carried out via the paymaster account, they can reach up to 5% depending on the complexity of the operation.