Paying Agent
Shieldpay's Paying Agent service enhances processes with simplified contracts, fast onboarding, and flexibility to complete shareholder payouts in a way that meets your unique requirements
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Over £7bn processed
Shieldpay has processed over £7 billion in transactions to date, helping hundreds of companies like yours with their payment needs
Top 100 law firms
We have worked hand-in-hand with over 100 top tier law firms to help streamline complex payments for their clients
FX for global reach
Send funds to payees internationally with transparent fees and agreements, thanks to our FX capability
Why choose Shieldpay?
- Simple and efficient contract set up
- Easily set up complex payment flows for your unique requirements
- Robust KYC and verification checks
Paying agent to suit your transactional needs
Recent insurance industry transaction with payments facilitated by Shieldpay’s Paying Agent application:
Fast and secure solutions to suit your deal
Using Shieldpay Paying Agent reduces the administrative burden of a complex transaction. With KYC capability built into our all-in-one platform and data transferred via API, not only does Shieldpay save you time on manual tasks but also mitigates risks associated with manual data entry and transfer.
Your point of contact will always be on hand to provide guidance to ensure the outcome you need from your transaction.
UK Top 20 Law Firm
The law firm was grappling with a complex and manual process of shareholder notifications, KYC and accurate capturing of bank details for 418 sellers, to pass on to the paying agent to initiate the high value transactions. The firm recognised that the time spent by fee earners on these non-billable hours was costly and inefficient.
