Billion City Limited offers Paymaster Services for various Trade and Financial Transactions, whether Domestic or International. Regardless of the size of the transaction, we can accept and disburse Funds in 19 main Currencies as follows: GBP, USD, EUR, AUD, CAD, DKK, HKD, HUF, JPY, NZD, NOK, PLN, CNY, ZAR, SEK, CHF, SGD, THB, AED thus eliminating the need to use an intermediary Bank for Currency conversion.
Banks strictly comply with Anti Money Laundering (“AML”) and Anti Terror Funding (“ATF”) Laws as pre condition to allowing receipt of large Funds. Since our Paymaster Account is a Multi Currency Account we are able to facilitate smoother and more efficient transactional disbursements. All transactions are subject to Bank approval to verify the origin of Funds.
In addition to our Paymaster Service Agreement, each client is required to provide in advance to our office all supporting documentation and identification to ensure full compliance with “Know Your Client” and “Know Your Transaction” policies. As such, the following documentation must be provided by all parties who may be interested in utilizing Billion City Limited for Paymaster services in order to comply with the current legislation:
1. A signed Engagement Letter + completed CIS + copy of a valid current driver’s license and/or passport;
2. A completed IRS form W-9 for all U.S. citizens and companies;
3. A completed IRS form W-8BEN for all non-US Citizens or companies;
4. Copy of the underlying transactional documents, including, but not limited to the Fee Agreement; and
5. A sufficiently detailed description of the pending transaction that will require our Firm’s services.
Once all of the documentation is completed, the transaction will be set to commence. Following receipt of incoming wires and satisfaction of the trigger events per the underlying transactional documents, disbursements can be made within 24 to 48 hours.
Thank you for your interest in retaining Billion City Limited as your Paymaster General for your upcoming transaction. Please send an email to email@example.com and you will receive all the necessary documents by return. There are no joining fees required to register.