We are an Electronic Money Institution, regulated by the Financial Conduct Agency

Join Our Team

We are keen to provide a service to Agents that have the vision and plan to develop their own niche areas of interest, whilst white labelling our API technology and utilising our banking relationships.

But we do not want a traditional buyer/seller bi-lateral relationship based around a licence fee and service charge. We want to provide Agency status to those who are keen to work with us to develop new ways of doing business in different areas or regions.

Foreign Currency Exchange (FX) Process & Issues

Shout IBAN Payment Processes

1. IBAN FX Exchange:

  • Facilitates currency exchange between different accounts using International Bank Account Numbers (IBAN).
  • 2. International Transfers:

  • Cross-border payment transfers involving foreign currency exchanges.
  • Key Elements in FX Exchange

  • Based Currency ($): The currency you currently hold (e.g., USD).
  • Receiving Account (£): The account where you want the exchanged currency to be sent (e.g., GBP).
  • Common FX issues

  • Pips or Points?: Understand whether the pricing differences are measured in pips (percentage in points), which are often used for FX transactions to indicate the change in value.
  • Daily Fluctuations: Foreign exchange rates fluctuate regularly due to market conditions, and these can impact the amount received in the final currency.
  • Exchange and Send vs. Send and Exchange: Decide whether to exchange the currency before sending it or send the currency to an account and let it exchange on the receiving end. The timing of the exchange may impact the rate you get
  • Grow With Us

    Be part of an innovative team where your skills drive success and personal growth.

    Unlock Your Potential

    Join a dynamic environment that fosters creativity, collaboration, and career development.

    Shape the Future of Finance

    Contribute to cutting-edge solutions in banking, payments, and foreign exchange.

    Ready to Elevate Your Business?

    Contact Us

    Discover how our tailored payment solutions can drive growth and maximise ROI. Our team is here to answer your questions and help you find the perfect strategy for your needs. Don’t wait—let’s get started!

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    Shout 2020 Limited

    info@getshout.co.uk
    Director General's houses
    15 Rockstone Place
    Southampton
    SO15 2EP
    United Kingdom

    Shout 2020 Limited is incorporated and registered in England and Wales under registration number 11703558. Further details can be accessed at Companies House.

    Shout 2020 Limited is registered with the Financial Conduct Authority (FCA) as Small Electronic Money Institution under reference number 939202. FCA Registration details can be found here.

    Shout 2020 Limited Shout 2020 Limited is an LEI (Legal Entity Identifier) registered entity under number 894500PQG7F883EIZ033:

    EQS Group AS registration: LEI Search.

    Bloomberg registration: Bloomberg LEI

    Shout 2020 Limited is registered with the Information Commissioner's Office (ICO) under reference number ZA494120.

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