75Foreign exchange and distributions
500000000000dollars in distributions
60000000cheques delivered and 16 million wire transfers annually
Disbursements of Funds
RicePoint manages settlement funds, manages fraudulent claim review, facilitates the disbursement of funds to class members and coordinates necessary tax reporting. Using our secure procedures, we can:
Establish, manage and report on escrow account
Disburse funds through cheque printing and mailing, electronic email transfers and volume wire transfers in CAD
Clear cheques using “positive pay” fraud prevention security features
Produce non-cash settlement solutions, such as the issuance of warrants, common stock, preferred stock, coupons, discount/gift cards, vouchers, etc.
Prepare tax returns to ensure compliance with all Federal and Provincial requirements