Europlaw Group, operating mostly in the Republic of South Africa and the United Kingdom, decided to enter into a formal business collaboration via a Joint Venture with Ithuba Savings Credit Corp Limited representing ISCC Group, operating from Indonesia and Germany, that has an international footprint from the banking to oil and gas industries. Europlaw Group is a member of The International Association of Lawyers (UIA- Union Internationale des Avocats) situated in Paris, France that brings together over 2000 individual members and 200 bars, federations and association members, from more than 110 countries.
14 May 2018 marked a significant milestone for Europlaw Group. On this day, Ithuba Savings Credit Coop Ltd representing ISCC Group, Europlaw Group Incorporated and Europlaw Accountants (Pty) Ltd (a member of the International Association of Accounting Professionals - IAAP, situated in London, UK) entered into a strategic Joint Venture Agreement which was signed in Jakarta, Indonesia. Europlaw Group is now in the position to offer both Paymaster and Escrow Services to our international clients with the international banking platform provided by the ISCC Group of Companies; under ISC BANK and also presently working through both PT BANK MANDIRI (PERSERO) TBK in Indonesia and VOLKSBANK PFORZHEIM in Germany as well.
The joint venture entered into between ISCC Group and Europlaw Group offers escrow banking facilities to both clients of ISCC Group and Europlaw Group clients under the custody of ISC BANK under ISCC Group. Europlaw Group will be used as the Escrow and Paymaster receiving funds for various projects under the required KYC requirements at all times.
ISCC Group of Companies have provided an international banking platform to Europlaw Group offering both paymaster and escrow services to its international clients receiving funds throughout the world for investment purposes. Europlaw Group also offers offshore sub accounts under the Europlaw Group profile held with ISCC Group of Companies through ISC BANK.
The ISC BANK through ISCC Group banking platform offers the unique facility for MT103 downloads that can be performed under the Europlaw Group profile and that such funds will be used with the consent of the client for investments under the banking and financial licenses held within the ISCC Group of Companies.
Europlaw Group believes that the ISCC Group’s banking platform will offer new advance opportunities by providing paymaster and escrow services to Europlaw clients worldwide with offshore banking services. Europlaw Group then also provides additional tax advisory and services / opinions to both ISCC Group and Europlaw Group clients.
ISCC Group of Companies works for the economic and social well being of their members, and not just for the enrichment of a select few investors. Because of the close cooperative nature, ISCC Group protects the interests of their members and clients by offering them profitable and secure financial products and services and always prioritizes sustainable development. Furthermore, for few years now, ISCC Group had been providing technical support and investment services in developing countries through their subsidiary companies in Asia.
ISCC Group, Europlaw Group and our overseas international financial service providers aim to provide a comprehensive service covering all aspects of Treasury, including acting as paymasters for various companies, complimentary services such as the raising of finance, insurance, investments management, buy-outs and special projects. We are also experts in arranging incoming Loan structures for foreign investors, taking into account, the volatility of currencies and the need to protect the liability side of the loan.
Europlaw Group’s core strategy is based on the concept of reputable and intelligent partnerships and alliances. Through this, experts from the fields of law, business, asset management, project management, project funding and financing, paymaster services, escrow services, fiduciary, audit and tax advisory we deliver excellent services to clients at reasonable and competitive rates. The group’s senior partner structure allows seasoned and experienced lawyers, escrow agents, auditors, advocates, investment bankers, accountants, financial advisors, and real estate experts to work together in competent teams for successful operations in locations worldwide.
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For any further questions or enquiries related to Paymaster and Escrow Services, please visit http://www.europlaw.com/paymaster.php
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