How To Disburse Shares Into Money, The Withdraw Process Is Not Ribet

Illustration of selling sajam into money (Freepik/Wirestock)

YOGYAKARTA - Investment in stocks that are loved by many people because they are depressed results in high profits.

However, with a note, the stock is high risk high return or the risk is also high.

In addition, the way to disburse stocks into money is also not complicated and the process will not take long.

Sometimes there are conditions that make someone have to disburse their shares into cash.

The process of withdrawing or disbursing money from this stock is called 'withdraw'. Later, the money will be transferred from securities or financial management to customer savings accounts.

However, there are still stock investors who don't know how to withdraw money from stocks. The trade process itself is fairly easy and not complicated.

While the disbursement process does not have to wait long.

When you start plunging into the capital market or buying and selling shares, you automatically have a stock account. The process of searching for stocks requires a stock account. In the stock account there is a single investor identity (SID), customer fund account (RDN), and username & password to log in to the stock trading application.

Then how to withdraw money from stocks? Here are the steps:

First you need to sell your own shares. Here's a step to sell the shares:

Next, you can check your nominal customer's fund (RD) account through the portfolio menu. You just need to withdraw the funds (withdraw) so that the money goes into your personal account.

The following steps are to withdraw money from RDN:

After the process of withdrawing the funds you complete, then just wait for the funds to go into your account.

You can also check the results of transactions in the old menu in the application to make sure your transactions are successful.

On the menu you can see if your transaction has been approved or failed.

However, it is also possible that there will be delays in money entering your account.

The delay in entry can occur because you submit a stock search ahead of the close exchange so that it will only be processed the next day.

Another cause can be due to holidays or weekends, there are problems in your application system, or the bank you use is different from the bank that manages RDN.

To get money from the sale of shares, you need to be patient for a while. Disbursement of money from the withdrawal process cannot be received on that same day. The Indonesia Stock Exchange set the T+2 policy.

T+2 is a long time for the share sale and purchase transaction. The completion of the transaction takes 2 days after the transaction is carried out or completed. T+2 in the form of a trading date plus 2 days, namely a trading day plus 2 days.

So, for example, you apply for awithdraw on Wednesday, then the money will go into your account on Friday. The proceeds from the sale of your shares will be stored and processed first at RDN.

That's the explanation of how to disburse shares into money. In addition to lifting shares through the application, you can also contact the securities company's account officer.

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