How long does the withdrawal processing take?
Once a withdrawal request is submitted, it typically takes 1-2 working days to complete. The funds will be deposited into your linked bank account.
Important Notes:
- Settlement Rules: After placing a sell order, if you immediately apply for a withdrawal, the system will indicate that available funds are insufficient. This is due to settlement rules: T+1 for US stocks and T+2 for Saudi stocks (where 'T' refers to the trading day). You can only withdraw your funds once the settlement is completed.
- Clearing Time: The Sahm system processes clearing from 3 PM to 8 PM. During this period, delays may occur, and users cannot submit withdrawal applications.
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