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Can I withdraw the proceeds of the stock sale immediately?


admin

2024-05-23 13:45:05

Under the Philippine Stock Exchange (PSE) settlement procedures, proceeds from sell trades are received by ABCSI two (2) business days after transaction date. Accordingly, the proceeds shall be withdrawable from your account two (2) business days after the date of sale.

Stock sale proceeds are nonetheless immediately available to you for buying stocks on the same day the sale was made.