Settlement day - The day on which purchased securities are due for delivery to the buyer and payment is due to be made to the seller. For nominee accounts, the standard settlement day is three days after the dealing day - known as T+3. For certificated accounts (where shareholders hold share certificates) settlement times are longer.
Settlement day : the day on which purchased securities are due for delivery to the buyer and payment is due to be made to the seller. for nominee accounts, the standard settlement day is three days after the dealing day - known as t+3. for certificated accounts (where shareholders hold share certificates) settlement times are longer.
Settlement day