TMF Group

TMF Group is an international provider of corporate administration, with services ranging from company incorporation and accounting to payroll, tax and compliance for cross-border business. It also offers independent cash escrow and paying agent services.

Corporate services The company lists company incorporation, accounting, fund administration, payroll and HR, tax support and corporate compliance.

Escrow and paying agent For escrow, TMF Group supports M&A, project finance, commercial real estate and litigation-related transactions. According to the company, separate bank accounts are used for each deal, and the team carries out AML and KYC checks, maintains reporting and releases funds under the agreed contract. A signed escrow agreement and AML and KYC checks on all parties and beneficial owners are required.

Fees and licensing The fee is an individual all-in amount, and no numerical tariff is published. The company cites a PSD2 licence for escrow and paying agent activity in the EU, based on a company press release.

Who it suits Companies, banks, funds, borrowers and lenders that want escrow from the same provider that administers their entities.