Compton & Associates is pleased to provide Paymaster and Escrow transactional services in the Houston area, as well as nationwide. A “Paymaster” is often used to facilitate large transactions such as:
- Commodity Transactions (sales of ore, minerals, petroleum products, grains, PPE)
- Commercial Transactions
- Commission/Broker Payments
The role of a Paymaster (or escrow agent) in a typical transaction is to act as a neutral intermediary to receive, hold, and pay funds according to the written instructions of the parties involved.
As a law firm, Compton & Associates is able to provide an IOLTA (Interest on Lawyer’s Trust Account) or Trust Account to hold the transactional funds. Attorney trust accounts are regulated by state governments and provide an extra layer of protection for the transactions.
Contact Us today to discuss your Paymaster needs.