Your commercial and/or personal operations in Costa Rica will always require the management of Money and in order to properly execute your businesses, you will not only need agile transfer and custody channels, but also a responsible and highly professional company that is run and administered by trustworthy people.

GLOBAL ESCROW SERVICES, S.A. – a company which is part of the “Global Legal Advisors” Group – is responsible for providing you with the temporary custody and administration of funds service which will allow you to maintain a management account that does not just limit to the reception and payment of specific operations.

Our escrow services provide you with an instrument by which – in accordance with your instructions – GLOBAL ESCROW SERVICES will receive, safe keep and maintain, for as long as you want to, the money that you decide to use in our country.

The escrow service that GES offers does not just limit itself to a single transaction (such as for example, the purchase of a property and the payment of the related closing costs). You keep the amount of money you wish to, under our supervision, towards the payment of any and all legal obligations that you might have with a third party (taxes, insurance, services, etc). You may also receive payments that pertain to any legal obligation that any third party might have with you.

GES´s escrow services do not have a limitation of amount or time, so whenever you wish to cancel the related escrow agreement you may do so. In this case, your money will be returned to you immediately since it will always remain in an “in sight” account, in the same currency you sent it and within a first order bank: SCOTIABANK.  

If you wish to see our wire transfer instructions, please click here.

           
SERVICES´ DESCRIPTION:

GES offers you the following related services:

• Temporary custody of funds in US dollars and/or costarican Colones in accounts issued to the name of GLOBAL ESCROW SERVICES S.A. by a first order bank.
• Shortly you will also have the option of keeping your funds in Euros.
• We execute the Capital Legitimacy that is required by the applicable laws and the Financial Entities General Superintendence of Costa Rica.
• We immediately execute the payments that you, or the person you authorize, request from us.
• We certify the existence of available funds for whatever legal purpose you may require.
• You will receive, via e mail, as many balance statements as you need. 
• You can request the return of the balance of your escrow account at any time, in which case GES will transfer the funds according to your instructions and to most first order banks in the world.

¿WHAT DO YOU NEED TO OPEN AN ESCROW ACCOUNT WITH G.E.S.?

1.-        First and foremost, the Financial Entities General Superintendence of Costa Rica (SUGEF) require us to issue a disclaimer explaining the limits under which it is assuming  this service’s operation.

2.-        You should register with us and fill out TWO registration forms: The first one is the “Escrow Agreement”; the second one is the “Know Your Client” (KYC) that SUGEF requires us to provide them with.

3.-        The steps are very easy. Please allow us to guide you through this simple process:

Section II: CLIENT´S IDENTIFICATION
Complete Name:
Last name
Second Last Name
First Name
Middle Name
Date of Birth:
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Month	January February March April May June July August September October Agosto November December
Year
Place of Birth:
City
State/Province
Country
Occupation
Civil Status
Identification Number:
Passport
Drivers License
Sex:	Man Woman
Section II CLIENT´S WORK INFORMATION & ADDRESS:
Name of company /business:
Work’s physical address: (Do not use PO Box, but physical address)
Number:
Street/Avenue
Additional signs :
City:
Country:
Zip Code:
Work Phone #:	Area Code: ( ) Number: ( )
Fax:	Area Code:: ( ) Number: ( )
E Mails	1)
	2)
CLIENT’S RESIDENCY ADDRESS:
Community Name  (if any) :
Work’s physical address: (Do not use PO Box, but physical address)
Number:
Street/Avenue
Additional signs:
City:
Country:
Zip Code:
Phone:	Area Code: ( ) Number: ( )
Fax:	Area Code:( ) Number: ( )
E mail	1) 2)
Section III ORIGIN OF FUNDS:
Please describe the ORIGIN OF THE FUNDS THAT YOU WILL BE SENDING TO OUR ACCOUNT. Be as detailed as you can and if you need to, use additional white sheets of paper to complete the information. You may also include other support documentation such as accounting certificates, tax declarations and/or a letter from your local bank’s manager.
Section IV SPECIAL INSTRUCTIONS:
You’ve hired GES´s services, which will empower us to receive, keep in custody and pay monies, on your behalf and account. These services include, but are not limited, to the payment of the obligations that you, or those people you have authorized in the escrow agreement, request from us. If you have a particular and/or special instruction other than the one you just gave to us, we ask you to please include it now.
I hereby declare UNDER OATH that (A.) The information contained herein is true and accurate and (B.) That the origin and/or final destination of the funds that are going to be credited into or debited from my escrow account have a legitimate source and purpose.
Section V AUTHORIZED PERSONS WHO MAY REQUEST PAYMENTS WITH YOUR ESCROW ACCOUNT´S FUNDS
PLEASE MARK WITH THE WORDS “YES” OR “NO” THE AUTHORIZED PERSONS AND THE LIMITATION OF AMOUNT (IF ANY) IN US DOLLARS. IF THE AUTHORIZED PERSON IS NOT AFFECTED BY A LIMITATION OF AMOUNT, PLEASE INDICATE: “NO LIMIT”.
I.-Authorization for the members of GLOBAL LEGAL ADVISORS Law Firm:
Yes No GUILLERMO ESQUIVEL HERRERA: up to the amount of: USD $ Yes No JORGE BALDIOCEDA BALTODANO, up to the amount of: USD $ Yes No JOSE PABLO FERNANDEZ NARVAEZ, up to the amount of: USD $
II.- Authorization for the members of OTHER LAW FIRM AND/OR LAWYER (S) /NOTARY PUBLIC(S):
NAME OF LAW FIRM:
Name of Attorney / Notary Public Limit: USD $
III.- Authorization for OTHER PERSONS (Please indicate their FULL NAMES ):
Full Name Email Limit: USD $
I sign on
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Month	January February March April May June July August September October Agosto November December
Year
City
State/Province
Country

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