29-07-2019 03:26 PM
Did you know that you can now integrate your Bank of Queensland Trust Account with PEXA?
The use of a Trust Account in PEXA allows lawyers and conveyancers to contribute funds to settlement on behalf of their client. When using your Trust Account for PEXA Settlements, practitioners have full visibility of the funds being made available for settlement; have the ability to verify funds at any time, and are able to provide funds for a Workspace as required for any role.
Previously, BOQ Trust Accounts were not capable of being integrated with PEXA, but now they can!
If you have a BOQ Trust Account that you would like to link to your PEXA Account, contact your PEXA Direct Specialist who can provide you with the relevant forms and help you get it set up.
For more information about using trust accounts on PEXA, visit the e-Conveyancing Community.
31-07-2019 09:44 AM
Thanks for this update @Daniel. Very exciting news for those practitioners who hold Trust Accounts with BOQ. This will certainly make their transactions a seamless process once they are onboard.