Paying Agent Services

| Paying Agent Services |

United Western Trust’s Paying Agent Services –We are experienced in many paying agent relationships, both simple and complex. Our experience can help ensure that all parties’ interest are handled in a professional, fair and equitable manner.

United Western Trust Company also offers paying agent, registrar, and exchange agent services where an independent third party is needed to efficiently and accurately process disbursements of principal, interest, or other payments, exchanges, or to maintain accurate investor records in accordance to the terms of the contract.

Why Use Paying Agent Services?

A paying agent will hold assets, invest funds in accordance with the terms of the agreement, oversee distribution of funds and handle tax reporting duties, if applicable.

We provide a draft paying agent agreement to help facilitate the document creation in the most efficient manner possible. For those clients that prefer using their own paying agent agreement, our responsive staff will be happy to review your particular document and make appropriate suggestions.

As a paying agent, we will:

Receive and deposit cash in an FDIC-insured money market account
Disburse funds via check or bank wire
Maintain accurate payment or exchange records
Receive and process required exchange transmittal documents
Distribute new instruments
File timely tax reports as needed

Examples:

Corporations involved in reorganizations, acquisitions, or buyouts
Investment issuers that pay out periodic interest/earnings or principal to its investors
Companies that issue refund payments
Law firms disbursing class actions proceeds

Features:

Automated check production system
Experienced staff
Periodic statements of account transaction activity
Flexibility to customize our duties to accommodate your needs

Advantages:

Ensures that needs of issuers and investors are serviced professionally and efficiently
Relieves the issuer of some time-consuming investor relations duties
Ability to handle and process documentation with accuracy
Allows key players of the transactions to concentrate on the financial and managerial aspects of the deal

UNITED WESTERN TRUST COMPANY will work closely with your attorneys and other professionals to facilitate the prompt and efficient provision of our Paying Agent Services.

For more information about our paying agent services, contact our Sales group at UWTServices@uwbank.com or call 877-892-2680.