on 03-07-2017 09:33 AM
Good morning all
I had a situation last Thursday where I invited CBA to settle on PEXA with a notation that I would forward Discharge request asap (which I did e-mail to usual CBA Discharge address with the half an hour).
Next morning I received an invite from CBA to book settlement through SAI Global. I rang CBA and advised we had intended to settle on PEXA but I then received a notification later on Friday from CBA declining the PEXA invite as the Bank had already started paper transactiion.
I'm just wondering now if it might be better to upload the Discharge request to the PEXA file rather than e-mailing to the various Banks - to avoid this situation (mind you very very happy with CBA's turnaround time, but in this case it was a bit too quick)
on 05-07-2017 11:12 AM
It is a great idea to upload the discharge authority to the PEXA workspace if you have it Sally.
Doing this will make sure it never 'goes missing' and will stop the deal moving down the paper path.
on 11-07-2017 11:27 AM
In our release in April this year, we added a new function which allows you to upload files, including the Discharge Authority, to the PEXA Platform. This then enables you to share the file with other Participants in the workspace.
You won't be able to share files unless the Participants have accepted the workspace however, so just bear this in mind.
I have included the below link which details how you go about uploading files.
I hope this information helps!