Users who have been identified as Authorised Signatories with your Financial Institution are able to be linked to the trust account in PEXA.Once the user has been established and assigned signing rights for trust accounts, the next step is to link that user to a specific trust account.
Note: As a Subscriber Manager, you must also link yourself to the trust account if you wish to sign.
Important: In R11.0.0, we're going to remove the Actions Cog button from the Participants and Documents screen. This affects the navigation path to select action items on these screens. We will update the help articles soon to reflect these changes.
Verify the Trust Account. You must verify the Trust Account before the user can start authorising the trust account in financial settlement.
SelectAdministrator Tools > Manage Users.
Select Action Cog > Edit against the user that you want permission to authorise Trust Account funds.
Select the check box forVerify Trust Account Funds.
Authorisethe Trust Account:
On your dashboard, clickAdministrator Toolsand selectManage Subscriber Details.
Select theFinancial accountstab.
Locate the appropriate Trust Account.
Click theaction cog and thenMaintain Authorised Users.
Review the Trust Account details.
Select the appropriate User or Users from the list.
Important Note: Once this step is complete, PEXA must also verify the user is an authorised trust signatory. This verification must occur before the user can start authorising the trust account in financial settlement.
Completing the Getting Started with PEXA program? See whats next.
In the next article, Setting up a Trust Account, we'll show you how you can nominate source funds for Financial Settlement from your own trust account if it has been set up in PEXA.