How long do Settlements take?
Options
The standard settlement timeframe for options is T+1 business days; hence, assuming your order was completed on Monday, you will be receiving the sale proceeds in your Bell Direct Investment account by Tuesday same week between 12pm - 5pm Sydney.
mFunds
The standard settlement timeframe for mFunds would depend on the fund manager, and you may check the expected settlement timeframe by typing in the mFund code (i.e., RAI01) in the "Quote" box on the trading platform.
Stocks and other securities
The standard settlement timeframe for stocks is T+2 business days; hence, assuming your order was completed on Monday, you will be receiving the sale proceeds in your Bell Direct Investment account by Wednesday same week between 12pm - 5pm Sydney.