When will funds be credited to or debited from my equities account?

Settlement for your trades takes place two (2) business days (T+2) after your order has been partially or fully executed.

When you buy shares, cleared funds must be available in your nominated account by 8am on the second business day (settlement day) after your trade. When you sell shares, the proceeds will be credited to your account on the second business day after the sale(T+2), and will be available to you on the next business day.

For information on how to change your bank account details, click here.

If you place multiple buys and sells over a series of days, CommSec's contra rules may apply. To find out more about contra, please click here.

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