PAYMASTER
We assist in Paymaster Services.
Gateway Capital Funding LLC offers Paymaster services to many domestic and foreign clients. These services are used for commodities and real estate transactions, such as note transactions, oil, jet fuel, gold, and diamond transactions.
Some transactions are too large to handle with checks or other conventional means. Paymaster services handled through a paymaster reduce the risks of transferring large sums.
All such transactions must comply with federal authorities, including the U.S. Treasury Department
and Homeland Security. We assist and work with such clients to ensure prompt payment of their fees
within the guidelines of governmental authorities and regulations.
About Paymaster Services
A paymaster is a trustworthy individual who acts as a neutral third party in a transaction with a
paymaster agreement. Their responsibilities are to:
1. Receive funds from the buyer
2. Maintain funds in the paymaster account
3. Disburse funds to the intermediator(s)
4. Handle IRS forms and tax-related paperwork (applicable to US subjects)
All this is done in strict compliance with federal regulations. As such, it’s advantageous to opt for
Gateway Capital Funding to act as paymaster in your transaction since we’re intimately familiar with
the codes, laws, regulations, and best practices involved in these kinds of exchanges.
Types of Transactions We Handle
Paymaster services are typically reserved for high-value transactions that would be too risky to handle through banks or other conventional means. Among the transactions we handle are:
1. Commodities trading, such as oil or gold
2. Real estate puchases
3. Financial instruments
4. IT Services
The best way to handle the funds transfers in these transactions is to create a paymaster agreement
in which the funds are managed by a reliable third party—all by the strictest legal standards.
With our considerable experience in real estate, commodities trading, and similar transactions,
Gateway Capital Funding is well-equipped to provide the utmost security when holding and
transferring funds.
What to Expect When Using Paymaster Services
When you hire us to provide paymaster services, you must provide the proper documentation. That
will include:
1. A copy of valid ID from each party, such as a Passport or Driver’s License
2. W-9 forms for each US citizen involved in the transaction (applicable to US subjects)
3. W-8BEN forms for non-US citizens involved
4. A copy of the sub-fee payment agreement
5. Copies of all other relevant transactional documents
6. Report of pending dealings with which we’re involved
7. Submit a Commercial Invoice to Gateway Holdings Co.Ltd/Gateway Capital Funding, LLC
From there, the transaction continues with the purchase agreement. As your paymaster, we’re not a
party to the transaction itself—our job is to check with the paymaster account to determine when the funds are transferred. Once they are, we’ll disburse funds per the procurement fee agreement &
purchase agreement.
We’ll keep the identities of each party in the transaction strictly confidential. In addition, funds are
typically handled through a Trusted Paymaster Account that is closely monitored.
Make Your Next Transaction More Secure
Using a paymaster agreement involving a trustworthy third party throughout every phase of your
transaction is critical to making it secure. Contact GATEWAY CAPITAL FUNDING LLC to schedule a
consultation to discuss enlisting our company as paymaster for your significant transactions.