Relief at source
of foreign withholding taxes
With our largely automated relief at source you can offer your customers the best possible service.
In order to obtain relief at source, the software handles the certification of all clients (natural persons, legal entities and funds). Furthermore, RaQuest automatically checks incoming event messages (SWIFT messages) of distributions. The software independently checks the correctness of your customers' stocks and can report them in good time before the distribution. The software then informs the accounting system of the taxation to be applied to each customer so that the exemption can be fully implemented. Finally, RaQuest carries out the fee booking and issues an invoice to the customer for the service. The high degree of automation guarantees that deadlines can be met and errors avoided.
If a relief at source has not been carried out, RaQuest offers the possibility of Quick Refunds.