This program will give you an introduction to PEXA, how it works and how it can help you transform your business processes.
Here you’ll find more than 230 help articles and videos to assist you.
Keep up to date with the latest PEXA product releases, and read up on the property blog.
Hi I am acting for an incoming mortgagee on a transfer and refinacn.
I do not have a trust account to use as a source account.
Can my client the incoming mortgagee deposit funds into the PEXA source account to be used on settlement?
Thank you for your question.
You will not be able to use the PEXA Source Account in a Workspace where you are not representing the Transferee (purchaser).
Funds held in the PEXA Source Account will only ever be held on trust for the purchaser of the property the subject of the Conveyancing Transaction.
Please also see the below links for additional information on the PEXA Source Account:
PEXA Service Charter: https://www.pexa.com.au/service-charter
Customer Success Hub