on 17-02-2020 02:21 PM
Hi, I have a settlement coming up for an IP but the person authorised to sign PEXA will not be available on that day. If the workspace is ready for signing the day before and we sign, then the IM changes the source funds on the settlement day, will this unsign the workspace? We have informed the IM and the PT that we require the workspace to be ready the day before, however the bank have advised that they do not confirm source funds until the day of settlement.
21-02-2020 08:50 PM - edited 21-02-2020 08:57 PM
As a rule of thumb, significant changes that affects your side, un-signs you. Just couple which spring to mind might still include watching out for changes to ;
on 24-02-2020 02:08 PM
Settlement went through fine as the bank's updated source funds did not change our items so our workspace did not unsign. Thanks for your help.