Outsourced Settlement Agents
SAI Global Property is Australia’s premier outsourced Settlement service provider. With settlement rooms in 7 offices nationally and a network of trusted regional agents, SAI Global is able to manage your outsourced settlement needs.
With true end to end capability and unrivalled control and transparency; wherever you are and no matter where the settlement take place, SAI Global is there to act on your behalf.
Developed in house and in conjunction with major lenders SAI Global's Settlement Manager offer the conveyancer or solicitor national scale, with online convenience.
SAI Global's proprietary Settlement Manager system will guide your matters from booking to settlement, followed by banking, stamping and registration if required with full visibility and traceability of your matters.
Online Settlement Booking
SAI Global Property has translated over two decades of experience into a new cloud based facility to provide line of sight cooperation between lenders and conveyancers. Online Settlement Booking invites the conveyancer, acting on behalf of the purchaser and/or vendor, to validate transaction details, confirm the settlement booking and enter cheque directions or obtain a payout figure.
- Allows the customer’s chosen legal representative to collaborate with the bank to arrange settlement,
- Requires the legal representative to validate and confirm critical information to the success of settlement, prior to booking the settlement,
- Enables the legal representative to raise issues with the bank earlier in the process so that the expected settlement date can be realised,
- Allows the legal representative to book the settlement on line 24 hours a day, 7 days a week,
- Enables the settlement booking cut off time to be extended, thus providing greater flexibility to meet expected settlement dates and urgent settlement matters,
- Provides access to the bank’s information that the legal representative requires to prepare for settlement
- Provides automated alerts to the legal representative should the status of the matter change or if relevant information changes post settlement booking,
- Reduces rekeying of information by the bank by enabling the legal representative to enter the bank cheque directions online. This information is fed directly to the SAI Global Property Bank cheque Production system eliminating rekeying and associated rekeying errors.
Online Settlement booking options have been available from SAI Global Property since 2009. Settlement Manager is a new version that includes a verification step for legal representatives. Future releases will include the ability to perform Electronic Funds Transfers (EFTs), provide secure document management and facilitate electronic signature. It is SAIG Property's intention to provide a full Electronic Settlements service and to integrate to NECDL's PEXA system.
For more information on Settlement Manager please click here.Expert Conveyancing Workflow with Conveyancing Manager
SAI Global Property is the leading provider of online information and outsourced services enabling the efficient transfer, development, and research of Australian property.
Focused on delivering services and information to the Australian property industry, SAI Global Property meets the needs of thousands of diverse businesses on a daily basis.
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