belldirect settlement date???

  1. 249 Posts.
    There is something dodgy going on at Belldirect.

    When I first started using Belldirect I use to sell my shares and it would take 3 days to settle and I would have the money in my cash account.

    Then they changed it to 5 days which I only found out by looking through their help.

    Now I sold my shares on Friday last week and the shares still have not settled (i.e. 6 days). And now I look under the help "Trading and Settlement" and there is:

    "If I sell my shares, when can I withdraw the funds from my Cash Account?

    Sale proceeds must have settled before they can be made available for any purposes other than trading. "

    Which does not tell me anything on how ong it will take.

    Can anyone help?
 
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