When advising on complex transactions, fund movement is often the highest-risk moment. With Caxton as your Paying Agent, funds are received, verified and distributed securely - without opening client accounts or managing payment risk in-house.
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Neutral third party
An independent intermediary ensuring impartiality for all parties involved
We handle compliance
We handle KYC, KYB and payment flows, reducing admin burden and saving time
Trusted and secure
FCA-regulated and trusted by leading law firms for high-value transactions
Global disbursements
Pay domestic and international parties in over 30 currencies, via one platform
Fits your process
Aligns with your existing workflows, avoiding disruption during complex transactions
Dedicated support
A named account manager supports you through onboarding, completion and settlement
Charles Russell Speechlys advised event marketing leader FIRST and its shareholders on their sale to Encore, with Caxton engaged as paying agent to manage and execute the multi‑jurisdictional fund distribution.
Caxton’s role ensured secure, compliant and timely payment execution for all shareholders as part of the transaction’s financial settlement
Dentons advised Digitalk and its shareholders on the company’s sale to ASX‑listed Hansen Technologies, a global provider of industry‑specific software solutions.
Caxton was engaged as Paying Agent to securely receive, verify and distribute funds at completion, ensuring timely settlement under intense year‑end deadlines.
Built for law firms and accounting practices handling complex deals, our Paying Agent Service removes risk by verifying parties, collecting and validating payment instructions, securely receiving funds that have been verified and swiftly making onward payments. It supports M&A transactions, shareholder agreements, asset sales and other sensitive arrangements - giving you confidence, control and a smoother path to completion.
Verify
We handle KYC and AML checks on all parties, ensuring compliance while saving your firm valuable time.
Hold
Funds are securely safeguarded in protected, reconciled accounts, eliminating the need for client accounts and reducing financial risk.
Disburse
Payments are made quickly and accurately, ensuring all parties receive their funds as agreed, with full transparency and tracking.
A Paying Agent acts as an exchange agent - verifying parties, collecting and validating payment instructions, securely receiving verified funds and swiftly making onward payments.
Due to changes driven by the Solicitors Regulation Authority (SRA), lawyers are increasingly seeking external, independent providers — authorised and regulated by the FCA — to support payment handling in transactions. For example, this often happens in cases where they are not acting for all parties.
Caxton’s Paying Agent service, also known as Third-Party Managed Accounts (TPMA), is a fully FCA-regulated solution that securely holds, manages and disburses client funds on your behalf. It provides a compliant alternative to traditional client or escrow accounts, reducing regulatory, operational and reputational risk while allowing your firm to remain in control of the payment process.
The service is designed for organisations that manage client money, including law firms, accountancy firms, corporate advisers and professional services businesses. It is commonly used for M&A transactions, litigation settlements, shareholder distributions, probate, asset sales and other complex or high-value disbursements.
Caxton takes responsibility for all AML, KYC and KYB checks on relevant parties. This removes the burden of compliance administration from your team and helps reduce risk under tightening regulatory requirements. Funds are safeguarded in protected, reconciled accounts, eliminating the need for your firm to open or manage client accounts.
Yes. Caxton operates a dual FCA-regulated platform and meets strict regulatory, safeguarding and audit standards. Client funds are held securely in segregated accounts, providing transparency, protection and confidence for all parties involved.
Caxton manages the full end-to-end process:
Parties are onboarded and compliance checks are completed
Funds are received into a safeguarded holding account
Funds are verified, held and reconciled
Payments are accurately disbursed to beneficiaries
Full reporting and confirmations are provided for audit and reconciliation
This ensures faster, safer and fully compliant payments without operational complexity.
Yes. Caxton supports payments in over 30 currencies, enabling seamless cross-border disbursements. This makes the service suitable for international transactions, global shareholder payouts and multi-jurisdictional deals.
No. Caxton acts as a neutral third party, handling compliance, safeguarding and payment execution, while your firm retains control over instructions, timing and approval. The model is designed to remove risk and admin — not decision-making authority.
Using Caxton’s Payment Agent service helps firms:
Reduce audit, AML and reconciliation burden
Lower cyber, fraud and operational risk
Avoid administering client accounts
Speed up onboarding and payments
Provide greater transparency and confidence to clients
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Paying Agent
A neutral intermediary to reduce compliance burden, securely hold and accurately distribute funds during M&A deals
Family Office
Discreet, account-based, payment and transaction services to family offices and high-net-worth clients
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