I am a purchaser who is going to purchase a property. My conveyancer has given me bank account details which are said to be PEXA bank account (a Westpac bank account]. Also given to me is a PEXA deposit reference number. How do I confirm or verify if the bank account details and the deposit reference number is correct? As I am going to deposit about $400,000 into that bank account, if I input the wrong reference number, all the money will be gone with the wind. Is there a possibility that a conveyancer will give me an incorrect bank account details and later take the $400,000 cash and run away? Where do I confirm if the bank account details and reference number are correct? Thank you.
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