Quarterly settlement of unused funds

Hi,

Is there a control where trader doesnt want to transfer unused funds transfer to Bank account during quarterly settlement, It is so painful manually everytime transferring the funds back to Brokerage account

@nithin @ShubhS9

1 Like

Hi @Harsha2, Quarterly settlement is a mandatory requirement from SEBI, so it isn’t possible to stop it. However, the settlement now happens on a fixed time (on first Friday of each quarter, and on Thrusday it Friday is holiday). So you now have at least two days to transfer funds to the account.