Paymaster Service Available
Why do you need Paymaster Service?
International Banking is now so over regulated that transactions involving considerable sums of money alarm many banks, even to the extent of closing client's accounts at the very mention of large sums of incoming funds.
Another main issue is that of large incoming funds that are removed from the clients account within just a few days. This will often cause a ‘red flag; alarm with the banks compliance department, in most cases, blocking client’s funds until questions are answered. This can prove very frustrating for the client and expensive.
What is a Paymaster and what services do we provide?
A Paymaster Attorney acts as a neutral third party to receive funds from any transaction between two separate individuals or businesses. The Paymaster maintains an escrow account, then disburses those funds to the seller. After taking a small commission as payment for his services the paymaster reconciles the escrow account and fills out the necessary IRS paperwork (only applied USA clients).
Paperwork must include the following for all parties seeking to employ Aura as their paymaster and escrow provider:
A copy of valid drivers license and/or passport.
Complete IRS form W-9 for U.S. citizens involved only.
For non U.S. citizens: Completed Paymaster Agreement.
Copy of all transactional documents, including payment agreement.
Note: Payments and disbursements can only be made in the form of Federal wire transfers of SWIFTs.Cash, money orders or bank checks are not permitted. CASH MONEY CAN BE PROVIDED SUBJECT TO COUNTRY ONLY.
Contact us +90 532 781 0086 email@example.com