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What is the procedure for Payment or delivery of shares when client buys Shares?

April 26, 2017buys client DELIVERY payment procedure Shares

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What is the procedure for Payment or delivery of shares when client buys Shares?

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For Example – If Mr. A – Buys shares of a particular company On Monday as per T+2 Settlement. So Monday is called Day T On Tuesday – customer pays funds to the broker (Shah Inventors Home Ltd) for securities he has purchased. So Tuesday is called Day T+1 On Wednesday – Shah investors transfers funds to Exchange. So Wednesday is called Day T+2 On Wednesday – Exchange transfer Shares to Shah investors home Ltd. On Thursday – Mr. A can view shares purchased on Monday in your Demat account on Thursday. So Thursday is called Day T+3.