The standard time for the settlement of sell trades on the ASX is T+2 days, where ‘T’ refers to the transaction date and ‘+2’ refers to two business days later.
This means the cash for executed sell orders takes two business days after the trade to be cleared into your trading account. Your cash will become available for withdrawal or transfer after T+2 settlement.
The settlement date for all trades is available on the trade confirmation email. You can also access a calendar of settlement amounts on the Stake platform under Buying power > Funds & balances. You can click onto Settlements to view a list of trades due to settle.