
Property Exchange Australia (PEXA)
Transferring manual processing of property transfers to a computer activated system.
Intro
PEXA (Property Exchange Australia) the computer activated system for property transfer, is now well established and trillions of dollars of value of property passes through their system each year.
They have announced that they are negotiating with HM Land Registry, major banks, building societies, government departments and Peak bodies in the United Kingdom to promote and introduce PEXA into their property transfer system. This would mean outstanding volumes of cash flowing through their system annually and based on turn-over will benefit the parent body accordingly.
Once again Australian innovation and inventiveness shines through to the World.