Tradu stock settlement: sale proceeds versus cash to withdraw
A stock sale may appear in the account before its proceeds become withdrawable; settlement and broker discretion are separate from execution.
Execution starts the process
The stock terms separate selling a held security from settlement of the proceeds. A completed sale alone does not establish that the same amount can immediately leave the account.
Sources for this section
Diagram explained
Do not schedule a payment from an unconfirmed cash label
- Sale executed
- Settlement pending
- Withdrawal eligibility checked
Cash labels need context
The contract restricts withdrawal until settlement. In a hypothetical $1,000 sale, the proceeds display and the amount available for withdrawal can differ during the intervening period.
Sources for this section
Official programme, eligibility or contract source Official programme, eligibility or contract source
Reinvestment is not withdrawal
Any ability to use unsettled proceeds depends on the broker’s contractual arrangements and discretion. A purchase accepted with those proceeds should not be treated as evidence that a bank withdrawal is available.
Sources for this section
Official programme, eligibility or contract source Official programme, eligibility or contract source
Resolve the actual account record
Use the stock statement, trade confirmation and applicable agreement together. The FAQ’s stock service and custody description provides context, but does not promise a personal settlement or bank-arrival deadline.
Sources for this section
Official programme, eligibility or contract source Official programme, eligibility or contract source
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