After you sell a stock
The sale happens immediately (your shares are gone right away).
BUT the cash is not fully yours yet.
2. Settlement time (key part)
BankSocial follows the industry T+1 rule (trade + 1 business day)
So your money becomes withdrawable in about 1 business day
Example:
Sell on Monday → money settles Tuesday
Sell on Friday → money settles Monday (or next business day)
3. When can you actually use the money?
To buy more stocks: often immediately
To withdraw to your bank: after settlement (≈1 business day)
4. Transfer to your bank
Once it’s settled:
Standard bank transfer: ~1–5 business days
Simple breakdown
Sell stock → instant execution
Wait ~1 business day → funds settle
Withdraw → 1–5 more days to hit your bank