PEXA Key is an app built by PEXA (the electronic settlement platform) that features a moving checklist with a top line guide on what happens during settlement, such as a countdown to when settlement is due to take place and any changes to this along the way. It also allows users to safely share their account details using multi-factor authentication. YMC encourages our clients to use the PEXA Key App for this purpose, but it is in no way mandatory, nor does it replace any function of a conveyancer’s role within the transaction.