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Unsettled Debit

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Hi all.

I have an amount in my unsettled debit, on the overview tab. What is this and how is it calculated? 

Thanks. 

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Guest Jbutleruk

No. 

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On 02/04/2020 at 16:29, jbutleruk said:

Hi all.

I have an amount in my unsettled debit, on the overview tab. What is this and how is it calculated? 

Thanks. 

 

On 06/04/2020 at 14:48, applicant679339 said:

I have the same question.  Did you get any answers Jbutleruk?

 

On 06/04/2020 at 14:52, Guest Jbutleruk said:

No. 

 

On 20/04/2020 at 15:31, hawksworthy said:

I've got this also - same question from me!  Grateful for some help. 

 

On 05/05/2020 at 15:15, HeadBeeGuy said:

I've it too, it's very unusual. What could we 'owe'. It's a massive amount. Can anyone shed light on this? @CharlotteIG

Hey everyone, 

If this is on a non-leveraged account (Share dealing or ISA) an unsettled debit are the funds we require when you buy shares. Say you bought £10,000 worth of shares. These funds are made unavailable on your account however 2-3 working days later the funds settle which means we send your funds to the person you bought the shares from. 

This is the underlying settlement period which we have no control over. 

When you sell the shares you will see an unsettled credit. 2-3 working days later the funds will settle and you can withdraw them if you wish. 

I hope this helps. 

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