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