Using NAB as an example, the money would come out of my cheque account, then go into a holding account and if traded today only and the shares were sold, the money would then return back to my cheque account as cleared money.
So yes, if traded within the 3 day period the money should effectively return to you orginal account as cleared money.
Using NAB as an example, the money would come out of my cheque...
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Last
$61.22 |
Change
-0.320(0.52%) |
Mkt cap ! $11.86B | |||
| Open | High | Low | Value | Volume |
| $61.58 | $61.92 | $61.19 | $63.26M | 1.032M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 23666 | $61.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $61.42 | 5200 | 1 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| ASX (ASX) Chart |