In 2024, property settlement scams cost Australians $43 million. In Cyprus and Greece, the infrastructure to prevent them simply doesn't exist.
Buyers hand over hundreds of thousands of euros and then wait — with no real-time confirmation, no audit trail, and no independent protection.
Greek notaries cannot legally hold purchase funds. Cypriot lawyers hold them in personal trust accounts with no institutional backstop. REXE closes all three gaps.
Buyer, seller, solicitor, agent, and notary each have a real-time view of the transaction. Escrow balance confirmed on receipt. Milestones tracked as they complete. No waiting for email updates that may never arrive.
Every KYC check, fund receipt, document upload, and milestone confirmation is timestamped and locked. REXE's audit trail functions as professional indemnity evidence for solicitors and as a completion record for notaries.
REXE sits between buyer and seller — holding funds, verifying milestones, and releasing payment only when every condition is confirmed. No email instructions. No redirection risk. No uncertainty.
See the full process →Buyer, seller, lawyers, agent, and notary each join the REXE transaction workspace. Identity verified via Idenfy. PEP and sanctions screening run automatically.
Buyer receives payment instructions within REXE — never via email. Funds arrive in REXE's safeguarded escrow account. Real-time confirmation issued.
Each stage — contract signing, title search, DLS registration, completion — is verified before any funds move. Evidence submitted, conditions confirmed.
Funds released directly to the seller. Agent commission disbursed. Completion Certificate issued to all parties. Full audit trail retained.
The attack is simple: intercept an email chain between buyer and lawyer, substitute the bank account details. Funds transfer to a fraudster's account. No recourse. In Cyprus and Greece, this infrastructure gap is endemic.
REXE eliminates the attack surface entirely. Payment instructions are never issued by email. Funds go to a single, verified REXE escrow account — confirmed within the platform by every party before any transfer occurs.
See how it works →REXE launched in Cyprus and Greece — the two markets where the settlement infrastructure gap is most acute. Spain is next.
View all markets →REXE is what PEXA delivered to Australia — built for Cyprus, Greece, and the broader EU market, where buyers bear enormous risk and the infrastructure to protect them simply doesn't exist.
We don't give legal advice. We don't replace your lawyer. We hold the money, verify the milestones, and release funds only when every condition is confirmed by every party. Transparent infrastructure — nothing more, nothing less.
"Buyers hand over hundreds of thousands of euros and then wait — with no real-time confirmation, no audit trail, and no independent protection. REXE closes that gap."
Insights
Join the legal and real estate professionals across Cyprus and Greece who use REXE to close transactions with confidence.