What is PEXA and how does it impact my settlement?

Written by Lindel Enticott | Sep 23, 2025 7:08:22 AM

Faster Title Registration	Your name is registered on the title, usually immediately upon settlement, no waiting weeks for paper lodgement.
Secure Funds Transfer	PEXA uses encrypted bank-grade security to ensure your funds and data are safe. No paper cheques, no delays, reducing the risk of paper-based fraud.
Real-Time Confirmation	We’ll confirm when settlement is complete, usually within minutes. That’s your cue to collect the keys and start moving in.
Streamlined Stamp Duty Payment	Stamp duty is calculated and paid electronically through PEXA, saving time and reducing the chance of errors.

Immediate Fund Release	Once settlement occurs, your net proceeds are transferred directly to your nominated bank account, sometimes clearing the same day, with no deposit delays or personal attendance at your bank.
Simple Discharge of Mortgage	Your bank’s payout is coordinated automatically through the PEXA workspace. We handle the timing and confirm when your loan is cleared.
Peace of Mind	There’s a clear digital audit trail. You’ll know exactly when documents are signed, funds are transferred, and title has moved.

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