Elevate Your Impact

How It Works

Trust and clarity are essential when handling high-value transactions. An IMFPA or similar paymaster contract brings together all key participants—the buyer, seller, and intermediaries. However, the fundamental agreement must first be established between the sender (buyer/lender) and the receiver (seller/borrower) of the funds. If you're an intermediary, please ensure that all parties have reached an initial agreement before engaging our paymaster services.

We are committed to the highest standards of compliance. At DiosDore, we rigorously adhere to both national and international anti-money laundering (AML) laws and regulations. Our thorough due diligence process ensures that all parties involved in the transaction meet the stringent requirements set by banks, regulatory monitors, and tax authorities. In particular, we follow U.S. federal regulations governed by entities such as the U.S. Treasury Department and Homeland Security. Once we have verified the authenticity and compliance of all parties, we proceed with the paymaster agreement, ensuring the secure management and disbursement of funds.

Required Documentation

To ensure a seamless experience with our paymaster services, we may require the following documentation from all involved parties:

• Valid driver’s license and/or passport

• Video meeting for face-to-face verification

• Completed IRS Form W-9 for U.S. entities and citizens

• Completed IRS Form W-8BEN for non-U.S. residents (if applicable)

• Qualified Intermediary Agreement with the U.S. IRS (if applicable for U.S. payor and non-U.S. payee)

• Transactional documents, such as payment and escrow agreements

• Other relevant client information

Comprehensive Transaction Information

For certain transactions, additional details may be requested, including:

• The roles of each party: sender, receiver, or intermediary

• The volume of funds involved and the countries or banks engaged

• Whether the transaction is a one-time occurrence or involves periodic payments

• The identity of the sender, whether individual or company

• Proof of address and copies of pertinent contracts

• Fee agreements between intermediaries and banking details for fund distribution

• Qualified Intermediary certificates (if applicable)

• Any new entity setup required (domestic or foreign)

Executing the IMFPA

Once all required documentation has been collected and verified, we will execute the IMFPA or a similar agreement. This outlines the precise method of fund disbursement, ensuring that all parties have a clear understanding of the financial distribution process.

Note: DiosDore does not participate in the underlying transactions related to our paymaster services, nor do we mediate disputes between buyers, sellers, and intermediaries. Our role remains strictly neutral, focusing on secure fund management, compliance with anti-money laundering laws, and adherence to U.S. tax reporting and withholding regulations.

Confidentiality and Compliance

At DiosDore, confidentiality is paramount. We treat all client information with the utmost discretion, disclosing details only when required by due diligence procedures or in compliance with legal requirements from regulatory authorities. Please note that the successful execution of any paymaster agreement is subject to the approval of banks, based on the results of our due diligence process.