When can I withdraw proceeds from selling Indonesian stocks on Pluang?

After selling Indonesian stocks on Pluang, proceeds settle to your RDN on T+2 — two business days after the transaction date. Once settled, you can initiate a withdrawal from your RDN.

Settlement timeline

Key points

• The T+2 settlement period is an IDX regulation — it applies to all Indonesian stock brokers, not just Pluang.
• You cannot withdraw unsettled funds (between T and T+2). Attempting to do so before settlement may be blocked or queued.
• Weekends and Indonesian public holidays do not count as business days for settlement or withdrawal processing.
• The minimum withdrawal from RDN is Rp10,000, and you must leave at least Rp1 in the account to keep it active.
• Pluang charges Rp0 for RDN withdrawals.

Related questions:

Q: What is T+2 settlement for Indonesian stocks?
T+2 means that proceeds from a stock sale are credited to your RDN two business days after the trade date. This is an IDX regulatory requirement that applies to all Indonesian brokers.

Q: Why can't I withdraw my stock sale proceeds immediately?
Indonesian stock settlements are governed by T+2 — a mandatory two-business-day clearing period set by IDX and processed by KPEI. This is standard for all Indonesian stock brokers.

Q: Is there a fee for withdrawing from my RDN after selling stocks?
No. Pluang charges Rp0 for RDN withdrawals. Any fees involved would be charged by your receiving bank, not Pluang.

Q: What is the minimum I need to leave in my RDN when withdrawing?
You must leave at least Rp1 in your RDN at all times. Withdrawing your full balance will cause the account to go dormant.

Q: Can I use my unsettled stock sale proceeds to buy other stocks?
No. You must wait for T+2 settlement before the proceeds are available to place new buy orders. Unsettled funds cannot be used for new purchases.