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Dear Ames, While I appreciate that creating a source account for vendors (and other roles) has some operational challenges for PEXA.   Could a workaround be extending your existing trust account functionality to a limited number of dedicated PEXA trust accounts managed by your customer support, with the appropriate level of PEXA management sign-offs?  The practitioner's firm could execute a separate agreement with PEXA for this a specific undertaking.  Your customer support could undertake a set of challenge statements (or SMS codes) with the practitioner as a means of VOI.    I appreciate this is taking a non-traditional approach to a trust account and PEXA's purchaser centric funding system.  However, the PEXA practitioners need a workaround while you develop a permanent solution. ... View more

I also need this this facility for the proprietor on title to create a source account so that the real estate can transfer the balance of deposit at settlement.  The bank is requiring the balance of the deposit to complete settlement.  The incoming proprietary has stated that they can't create a source account because they have a trust account and are reluctant to create a new trust account record for a remote real estate agent.    If we all need to be using the PEXA system this year it needs to accommodate the real world problems we face. ... View more