16-08-2018 03:02 PM - edited 16-08-2018 03:03 PM
Why is it taking 2 to 3 hours to settle on PEXA! We had a settlement at 12 noon today and it is still disbursing. Our settlement at 1.30pm today has still not settled - it is 3pm!!!
on 17-08-2018 04:02 PM
Same issues experienced here - it is certainly not the first settlement that has taken over 2 hours. Still waiting for funds to be disbursed. Unfortunate if you have client's with removalist trucks waiting to collect keys and move in and vendor's solicitors won't authorise release of keys until funds are in fact disbursed. Of course so long as the Government gets their fees paid before the seller does.