Status Check - Transfer to PEXA Account

[erprashantdixit]

My converyancer has asked me to transfer $120K to PEXA account and I have already transferred the amount.

How would I know if amount has been credited to PEXA account i.e. Is there a way that I can check the status? I spoke to my bank and transaction has been processed from their side.

Thanks,

Prashant

[Caner · Accepted solution]

Hi Prashant,

Thank you for your contribution to the community - good question!

Once you send funds to the PEXA Source Account, it can take up to 3 business days for the it to arrive. Once the funds do arrive, and the funds match what your conveyancer has input into the PEXA system, we will then notify your conveyancer by marking these funds as "ready" to be used at settlement.

The only way you can check this is through your conveyancer, so I suggest you get in touch with them to find out the status.

Thanks again,

Caner

[erprashantdixit]

Thanks ! I will speak to my conveyancer