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There are international trust services that cater to individuals from all around the globe including: Hong Kong, Indonesia, Germany, Switzerland, Italy, England, Mexico, Portugal, and Spain. International trust services can administer assets, accounts and investments on behalf on another. Trust companies benefit many individuals, enterprises and organizations that want to assistance of professionals on their side that are expert at managing trusts. There are a number of advantages to hiring a trust service including: keeping detailed documentation, preparing court accounting and distributing income or principal. What Services can Trust Services Provide? 1. Paymaster Services Paymaster Services are for clients that need help to receive funds from escrowed or other legitimate transactions. Funds can be received in the trust service’s bank accounts in Europe, the Far East, or in the United States such as: Hong Kong, Indonesia, Germany, Switzerland, Italy, England, Mexico, Portugal, and Spain. The fees for this service are minimal but the paperwork requirements are great and clients must complete a Know Your Client form which is extensive. This is due to the trust service’s need to know everything about the transaction including who is paying the funds to whom and where the funds are coming from. Any contracts connected to the transaction will have to be lodged with the trust service prior to the funds being wired to their accounts. After these steps have been completed the trust service can then pay any and all principals, brokers, intermediaries, agents, mandates and or representatives according to the pre-arranged schedule of pay orders lodged with their company. 2. Fiduciary Services An international trust service that caters to countries such as: Hong Kong, Indonesia, Germany, Switzerland, Italy, England, Mexico, Portugal, and Spain can provide fiduciary services for their clients serving as a personal administrator with direct responsibility for managing assets for or on behalf of individuals, trusts, private foundations and other entities. The trust service acts as a trust advisor with indirect impact on the management of these assets and is held to high standards of performance that are required for each client. 3. Safekeeping Receipts A trust service can accept almost any kind of valuable asset for safekeeping purposes. The service will contract out with local bank vaults for the storage facilities required. The service will then issue a safekeeping receipt for that asset. The safekeeping receipt can be used by the asset owner as proof of ownership and for the transferring title to that asset. Safekeeping receipts can be verified by private parties as well as banking institutions as long as there is prior written consent from the asset owner. Safekeeping fees are based on three criteria: value of the asset, physical size of the asset, and term of services. International trust services for countries including: Hong Kong, Indonesia, Germany, Switzerland, Italy, England, Mexico, Portugal, Spain and more are available through Global Trust Depository, a service that has been upholding their reputation for professionalism and trust since 1979. Visit, http://www.globaltrustdepository.com/
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