Payment Account (TPMA)
Modernise client money management without giving up control. Shieldpay shifts the regulatory burden off your firm, keeping you compliant and in command while reducing risk and admin.
FCA regulated 
£8bn+ securely processed 
Trusted by the UK's top 100 law firms
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Custom approval workflows, mirror ledgers and audit trails for each matter keep authority in your hands.
Detailed views of every transaction with easy to use reports and statements.
FCA regulated infrastructure, SRA compliant model and no need for annual accountant reports.
Ring fenced accounts, COP checks and strong cyber security reassure clients and protect reputation.
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Matter-based workflows
Integrated onboarding, custom approval flows and mirror ledgers that align every payment to a legal matter.
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Automation built in
Automated reconciliation, payee verification, and reporting that reduce admin and free up fee-earner time.
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Fast, secure payments
Disburse funds confidently through Faster Payments and CHAPS with full audit trails and export options for your systems.
We verify all payee details and hold completion funds until authorisation is provided.
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Manage deposits, escrows and deal proceeds with real time visibility and faster reconciliation.
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Secure settlement and disburse of funds securely and quickly with a full audit trail.
Manage trusts and estates with transparent reporting and hybrid flexibility.
ISO 27001
certified security
£8bn+
securely processed
Top 100
UK law firm adoption
Verify payments securely
Onboard quickly with integrated KYC and the right permissions for your team.
Hold funds safely
Funds are ring fenced in FCA regulated accounts with Confirmation of Payee checks to reduce fraud.
Disburse with confidence
Automated reconciliation, real time payments via Faster Payments and CHAPS and complete audit trails.
Compliance and security
• Safeguarding that aligns with SRA rules
• Ring fenced client funds
• ISO 27001 certified
• Permissions that reduce internal risk
• Mirror ledger per matter and a clear audit trail
• Fast and secure settlement of funds
• No annual accountant reports required
Beyond the Client Account: A Practical Guide to Smarter Legal Payments
A short guide on best practice for holding client money with a Third Party Managed Account. Clear steps, key checks and tips your team can use today.
