PEXA: Confidence in completions

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Benefits of PEXA

Lower fraud exposure

Reduce errors and avoidable requisitions

Handle more cases with less effort

Enhance collaboration and communication

Full visibility and control of settlement and lodgement

Enhance client confidence

Fewer calls, emails and chasing

Clear view on settlement and registration status

How the platform works

Settlement

Confidence in how funds move.

PEXA Pay is our dedicated scheme for the movement of lender funds, settling through the Bank of England’s RTGS system. Combined with our FCA-regulated safeguarding account, it automates near real-time disbursement of funds directly between parties, helping reduce fraud risk and providing confidence in how funds move.

Improved visibility of settlement status
No need for early release of lender funds
Direct-to-destination disbursement on completion day
Secure handling of all property transaction funds

Enabling integrators

Bank of England

Utilising central bank money through the Bank of England’s RTGS system, PEXA Pay is the only UK payment scheme dedicated to property settlement. This foundation gives lenders, law firms, and their clients confidence that funds move safely and securely.

The latest news from PEXA

PEXA hits remortgage milestone as it processes over £200M in UK transactions

PEXA announces that it has processed over £200M in UK remortgage transactions through its platform.

NatWest formally appoints PEXA to set a path to digital property transactions

NatWest has signed a formal commitment to proceed with an implementation program with PEXA.

PEXA completes UK’s first fully digital property purchase

The transaction was completed in partnership with Hinckley & Rugby Building Society and Muve.