WISE ESCROW SERVICES, corporate ID number 3-102-783998, is constituted under
the Regulation and Legislation of the Republic of Costa Rica, registered before the
General Superintendence of Financial Entities “SUGEF” with the activity of
“Administration of financial resources through trusts or any other type of resources,
carried out by legal entities that are not financial intermediaries.”
under the activities set forth in Article 15 and Article 15 bis of Law 7786
“Law on Narcotics, Psychotropic Substances, Drugs of Unauthorized Use,
Related Activities, Money Laundering and Terrorist Financing”.
The supervision exercised by the SUGEF is based on the provisions of the legal
system, the Law on Narcotics, Psychotropic Substances, Drugsof Unauthorized Use,
Related Activities, Money Laundering and Terrorist Financing and its reforms and
financing of the proliferation of weapons of mass destruction, according to the
provisions of Law 7786, the Regulations on this matter issued by the Executive Power
of the Republic and regulations issued by CONASSIF “Law on Narcotic Drugs, Psychotropic
Substances, Drugs of Unauthorized Use, Related Activities, Money Laundering and Terrorist
Financing”. In this respect, this Superintendence does not supervise the business
offered and carried out by the company, nor the security or solvency. People contracting
these services ar under their own responsibility and risk.
We have a Compliance Department that verifies and evaluates the origin of the funds
received to provide transparency and security to transactions between clients.
These funds enter the national banking system and in full compliance with the
established regulations.
