When Can I Withdraw Proceeds from Selling Indonesian Stocks on Pluang?
After you sell an Indonesian stock on Pluang, the sale proceeds settle into your RDN (Rekening Dana Nasabah) on T+2 — two business days after the trade date — and you can only submit a withdrawal once that settlement completes. T+2 is an IDX (Bursa Efek Indonesia) clearing rule processed by KPEI (Kliring Penjaminan Efek Indonesia) that applies to every broker on the exchange, not a Pluang-specific delay. Weekends and Indonesian public holidays don't count toward the two days, so a Friday sale typically settles the following Tuesday. Once funds land in your RDN, the withdrawal itself is free if you cash out to the same bank that hosts your RDN (Bank Jago or BCA); moving to a different bank costs Rp2,900 per transaction, an interbank transfer fee for funds leaving the RDN bank's network. The minimum withdrawal from RDN is Rp10,000, and Pluang blocks any withdrawal that would leave your RDN balance below Rp1.
Settlement and withdrawal timeline:
| Stage | Timeframe | What happens |
|---|---|---|
| Trade executed (T) | Day 0 | You sell the stock on the IDX |
| Settlement (T+2) | 2 business days after T | Sale proceeds are credited to your RDN by KPEI |
| Withdrawal request | Any time after settlement | You submit a withdrawal from your RDN in-app |
RDN cashout fee — depends on your destination bank:
| Destination bank vs. RDN host bank | Fee |
|---|---|
| Same bank (e.g. RDN at Bank Jago → cashout to Jago) | Free |
| Different bank (e.g. RDN at Bank Jago → cashout to BCA, or vice versa) | Rp2,900 per transaction |
Key points:
- The T+2 rule applies uniformly across all Indonesian stock brokers — it's an IDX/KPEI regulation, not something Pluang controls or can expedite.
- You cannot withdraw unsettled funds (between T and T+2); attempting to do so before settlement will be blocked.
- Minimum withdrawal from RDN is Rp10,000; every withdrawal must leave at least Rp1 in the RDN.
- RDN balances themselves are protected by LPS (Lembaga Penjamin Simpanan) up to Rp2,000,000,000 per customer per bank.
Related questions:
Q: What is T+2 settlement and why does it apply to my stock sale?
T+2 means your sale proceeds are credited to your RDN two business days after the trade date, not immediately. It's a Bursa Efek Indonesia (IDX) clearing requirement processed by KPEI that applies to every stock broker in Indonesia, including Pluang — it isn't a Pluang-specific processing delay, and no broker can settle a trade faster than the exchange's own clearing cycle.
Q: Why can't I withdraw my stock sale proceeds immediately after selling?
Between the trade date (T) and settlement (T+2), the funds are still moving through IDX and KPEI's clearing process and haven't legally credited to your RDN yet. Pluang's app reflects this by blocking withdrawal attempts on unsettled balances — the funds simply aren't available to move out of the account until settlement is complete.
Q: Is there a fee to withdraw from my RDN after selling stocks?
It depends on the destination bank. Withdrawing to the same bank that hosts your RDN (Bank Jago or BCA) is free. Withdrawing to a different bank costs Rp2,900 per transaction, since the transfer has to move across bank networks — this applies regardless of which bank hosts your RDN.
Q: What's the minimum balance I need to leave in my RDN when withdrawing?
You must leave at least Rp1 in your RDN at all times — Pluang's app will block any withdrawal that would bring the balance to exactly Rp0. This isn't a large reserve requirement, just a safeguard to keep the account technically active rather than fully drained.
Q: Can I use unsettled stock sale proceeds to buy other stocks?
No. Funds from a sale only become usable for new purchases once T+2 settlement completes and they've been credited to your RDN. Until then, they're still in transit through the clearing process and can't be applied to a new buy order, even within the same Pluang account.