What does T+2 settlement mean?

T+2 Settlement

T+2 means transactions are settled 2 business days after the trade date (T).

Example

• You sell stocks on Monday (T).
• Settlement occurs on Wednesday (T+2).
• Funds will be available in your RDN on Wednesday.

Important Notes

• You cannot withdraw stock sale proceeds until T+2.
• Buy orders use available cash balance immediately.
• Public holidays extend the settlement period.