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Junior Member
After selling shares on asb, is the money made instantly available?
Hello all,
This was probably asked somewhere else but I could not find it.
I am intending on selling out of a few of my holdings first thing tomorrow morning and putting it into another stock. After I sell the shares will I be able to use the money made instantly? or is there a delay? ( minutes? hours? days?). They are all very liquid companies and I will be selling at market price.
Russbus
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As far as I know, the funds are avaiable straight away ( well it has worked for me, as I am with ASB and Direct) to purchase further shares but not for withdrawl that is T3 - 3 days from the sale.
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Junior Member
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