facebookAfter I sold the stock, how long will it take to credit my sales amount to bank account? Thanks!? - Seedly

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Anonymous

09 Jul 2019

Stocks

After I sold the stock, how long will it take to credit my sales amount to bank account? Thanks!?

Want to find out whether it is a usual thing for the money to take so long for the money to be credited back?

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Elijah Lee

09 Jul 2019

Senior Financial Services Manager at Phillip Securities (Jurong East)

Assuming you are referring to Singapore Listed Stocks, settlement for your shares is on T+2 and you will receive the proceeds on T+3. Depending on how your trading account is set up, the money may be credited directed to your bank, or you may need to manually withdrawal it from your trading account.

Other markets have different settlement dates so you will need to check for them individually.

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