Established Since 2005
Paymaster Agent Services
Pryor Solutions, Inc. offers Paymaster and Escrow services to many clients, both domestic and foreign. Various transactions involving such areas as real estate as well as in various commodities, such as note transactions, oil, jet fuel, gold and diamond transactions.
All such transactions must be compliant 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.
What is a Paymaster and what services do they provide?
A Paymaster Agent 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.
Paperwork must include the following for all parties seeking to employ Pryor Solutions, Inc. as their paymaster agent and escrow provider.
A copy of valid drivers license and/or passport.
Complete IRS form W-9 for U.S. citizens involved
For non U.S. citizens: Completed IRS form W-8BEN
Copy of all transactional documents, including payment agreement
Please Note: This it is a private member service that is only offered to Pryor solution clients and their referrals.