Hi PEXA, Can we please really query this. We have had different answers from PEXA.
In a discharge of mortgage involving "Financial Settlement" when we fill in the Financial Settlement Statement there is PEXA and lodgement fees to pay and we will need to fill in a source for those. The dropdown box only gives us the option of selecting Trust Account. For discharges the fees are not significant so we don't typically get funds in trust upfront.
Can we use our linked office account instead of trust account as the source funds to pay PEXA and lodgement fees? Or is Trust Account the only choice we have? This is where we have been told different answers. The above answer from PEXA says "no" but we have been told yes from other PEXA contacts
If we can use our linked office account can we put a $ limit on how much can be used. Is there ability to impose a daily limit?
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