Totally agree Jacque. It should be easier for banks to provide their payout figures or source funds via the PEXA platform rather than for paper settlements, but they continue to cause issues in these areas. As you said we have all tried to embrace the PEXA platform but is it frustrating when you are waiting for the banks to enter in these key pieces of data. The banks need to improve their processes before electronic settlements are compulsory............and PEXA, you need to up your game in ensuring the banks maintain reasonable time-frames for the entry of this data for the settlement. In the not too distant future there will be other providers of electronic settlement platforms and they may take business away from you if they have better processes in place to keep the banks in line.
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