Unsettled Cash is the cash from the sale of an instrument / product on the platform, that has not yet cleared as part of the settlement process and so cannot be withdrawn.

When an Investor sells an Investment / product on the platform, it takes a period of 5 business days (the "Settlement period") for the cash proceeds of that sale to be settled and to show in the Investors account as "withdrawable funds".

This is in line with JSE’s Equities Rules (which dictates a T+3 settlement period) and the EasyEquities Terms and Conditions which make provision for a maximum of 5 business days for settlement.

Only after those funds have been settled, can the Investor use the Transfer facility in their banking profile to move those funds from his / her Investment account to their Bidvest Bank Grow account. 


For instructions on how to withdraw funds that have settled, please visit this FAQ article for detailed instructions on how to do it.




PLEASE NOTE: 
The settlement period is 5 business (working) days. Saturdays, Sundays and public holidays are not considered business (working) days