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Quick & Simple Digital Settlement

quick access to the proceeds of property sales and near real-time tracking of settlements

ASL partners with PEXA to provide a world-first digital solution that has revolutionised the way property is exchanged in Australia.

Easy Access

Fast Access – Access cleared funds quickly once settlement completes via RITS. Improved Communication – Settlement messages exchanged daily via ASL’s SFTP service in convenient xml. format.

Safe & Secure

Safe and Secure – Safe and encrypted signings and funds exchange via the RITS system. Streamlined Lodgement – Easy settlement process with real-time lodgement of documentsFuture Proof Solution – ASL is a Member and AusPayNet Closed User Group participant for ‘electronic conveyancing’ ensuring up-to-date product development.

Save Time

Pre-Checking – Source funding for any PEXA settlement, pre-funding and reservations are done before settlement. All stages processed online, saves considerable time throughout the entire exchange process. Simple Reconciliation – Access to the ASL Direct portal simplifies reconciliations.
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