On this page, you’ll learn which States you can complete Financial Settlements electronically through PEXA.
Disbursement of funds can be made to any Australian bank account as part of a refinance or transfer.
Source funding can be provided from a practitioner's trust account, if the trust account is held at a financial institution that can accept payment instructions from PEXA and has been registered in the Subscriber Profile of the practitioner.
Source funding for purchasers can also be provided from the PEXA Source Account.
Linked simultaneous settlements are available where up to 10 Workspaces can be linked
Linked simultaneous lodgements are available where up to 6 Workspaces can be linked