I agree with the comments below - I don't believe that tell clients that they will receive their funds as cleared funds with no idea of when is sufficient. Most clients were prefer to have a bank cheque in their hand and know that they have it and it will clear in 3-5 days then not see anything.
The banks need to start working more efficiently and streamline their processes at both ends of the PEXA transactions. Entering figures and signing off documents in the minutes before settlement (or after it has rolled over at least once) is not sufficient and causes lost times with having to continuing check the system to advise clients. It is also not sufficient them to be "holding" funds in their source account to receive interest (which is what I am assuming they are doing) prior to releasing it to the clients.
In some cases the clients require the funds for another transaction of some sort and they are lead to believe by the banks and PEXA that PEXA is a quicker of way of getting funds.
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