Non-simultaneous linked settlements

[Robyn1]

Can I link settlements that are happening a day apart? I am sure this is possible but I can only find info on simultaneous linked settlements....

Scenario - We are acting for the vendor settling on a Monday and purchasing on a Tuesday. Rather than moving the money from PEXA to our trust account and back to PEXA the next day, can I just move to the linked workspace?

[Josh_McCutcheon · Accepted solution]

Hi @Robyn1 

At this time workspaces settling on different days can't be linked. With the functionality presently in PEXA the method you have outlined is the way to go (the sale workspace disbursing to your trust account, then created as a source line in the purchase workspace).

The settlement functionality in PEXA is always being enhanced however, things like simultaneous linked workspaces without funds flow was a recent addition for example - if there are any changes in the future which enable the scenario you're looking to complete, I'll be sure to get back to you and let you know!

Best regards,

Josh

[Robyn1]

Hi Josh - Thanks for letting me know. It would be great if this was an option in the near future!

Kind regards,

Robyn