I bought some shares and got the statement from email, but it never deduct my share current account, newbie here. Anyone know why?

T + 2. So after 2 to 3 working days it will be deducted.

OK.
I bought the share on 10th of Aug, and then the statement mentioned that settlement on 12th 12.30pm.
I have transfer money to my PB link current account before I buy the share but it is never deducted until now.

But i was not allow to buy any share until I transfer the money on 10th of Aug (2 days ago).

Yours is probably a cash account.

Can only buy share when there is capital in your account.

Thanks for your advice.
Do I need to pay into any account manually? Or just wait for the PBE to deduct from this current account automatically?

Just make sure account have enough capital + transaction fees. It will automatically be deducted if not enough your broker will inform you usually.

I should have enough.
Excellent.

So for cash account, is it still T+2 or immediate transaction?

It is usually always T + 2, but because it is a cash account. The app will deduct the amount of capital used and show in the app first to reflect your 'remaining' fund so that you are aware of the 'current' capital left in your account.

This post has been edited by AthrunIJ: Aug 21 2020, 07:56 AM