{"id":5253,"date":"2025-01-22T09:21:08","date_gmt":"2025-01-22T09:21:08","guid":{"rendered":"https:\/\/www.paytmmoney.com\/blog\/?p=5253"},"modified":"2025-01-22T09:21:08","modified_gmt":"2025-01-22T09:21:08","slug":"streamlined-account-settlement-for-users-who-havent-traded-in-the-past-30-days","status":"publish","type":"post","link":"https:\/\/www.paytmmoney.com\/blog\/streamlined-account-settlement-for-users-who-havent-traded-in-the-past-30-days\/","title":{"rendered":"Streamlined Account Settlement For Users Who Haven\u2019t Traded In The Past 30 Days"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">We\u2019re excited to share an update to simplify the account settlement process for <\/span><span style=\"font-weight: 400;\">clients who have not traded in the last 30 days<\/span><span style=\"font-weight: 400;\"> while safeguarding your interests. This new process aligns with SEBI&#8217;s guidelines and aims to provide a more streamlined experience for you.<\/span><\/p>\n<h2><b>What\u2019s Changing?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Previously, stockbrokers were required to settle <\/span><span style=\"font-weight: 400;\">client accounts who have not traded in the last 30 days<\/span><span style=\"font-weight: 400;\"> (no trades in the last 30 days). Moving forward, these accounts will now be settled on upcoming <\/span><b>monthly settlement dates<\/b><span style=\"font-weight: 400;\"> announced by stock exchanges.<\/span><\/p>\n<h2><b>What Does This Mean for You?<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">If you haven\u2019t traded in the last 30 days and have a credit balance in your trading account, your funds will be settled on the next monthly settlement date.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">For those who trade before the monthly settlement date, your preferred settlement cycle (monthly or quarterly) will apply.<\/span><\/li>\n<\/ul>\n<h2><b>Why This Change?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">This update, recommended by the exchange, enhances efficiency while ensuring your funds remain secure.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">Source :\u00a0<\/span><a href=\"https:\/\/nsearchives.nseindia.com\/content\/circulars\/INSP66014.pdf\"><span style=\"font-weight: 400;\">Link to circular<\/span><\/a><\/p>\n<h2><b>Effective Date:<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The new process is effective immediately, making account settlements more convenient and aligned with market standards. For more details, read the <a href=\"https:\/\/www.sebi.gov.in\/legal\/circulars\/jan-2025\/measure-for-ease-of-doing-business-settlement-of-account-of-clients-who-have-not-traded-in-the-last-30-days_90552.html\">SEBI Circular Here<\/a>.<\/span><\/p>\n<h3><b>Conclusion:<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">We\u2019re committed to enhancing your experience with us. If you have any questions about this change, feel free to reach out.<\/span><\/p>\n<p><strong>Disclaimer: <\/strong><span style=\"font-weight: 400;\">Investments in the securities market are subject to market risks, read all the related documents carefully before investing. This content is purely for entertainment and engagement purposes only. Paytm Money Ltd SEBI Reg No. Broking \u2013 INZ000240532, Depository Participant &#8211; IN &#8211; DP &#8211; 416 &#8211; 2019, Depository Participant Number: CDSL \u2013 12088800, NSE (90165), BSE (6707), Regd Office: 136, 1st Floor, Devika Tower, Nehru Place, Delhi \u2013 110019. For more details, please visit <\/span><a href=\"https:\/\/www.paytmmoney.com\"><span style=\"font-weight: 400;\">https:\/\/www.paytmmoney.com<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>We\u2019re excited to share an update to simplify the account settlement process for clients who have not traded in the last 30 days while safeguarding your interests. This new process aligns with SEBI&#8217;s guidelines and aims to provide a more streamlined experience for you. What\u2019s Changing? Previously, stockbrokers were required to settle client accounts who<a href=\"https:\/\/www.paytmmoney.com\/blog\/streamlined-account-settlement-for-users-who-havent-traded-in-the-past-30-days\/\">Continue reading <span class=\"sr-only\">&#8220;Streamlined Account Settlement For Users Who Haven\u2019t Traded In The Past 30 Days&#8221;<\/span><\/a><\/p>\n","protected":false},"author":45,"featured_media":5256,"comment_status":"open","ping_status":"open","sticky":false,"template":"single-classic-ns.php","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"class_list":["post-5253","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-announcements"],"_links":{"self":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/posts\/5253","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/users\/45"}],"replies":[{"embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/comments?post=5253"}],"version-history":[{"count":0,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/posts\/5253\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/media\/5256"}],"wp:attachment":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/media?parent=5253"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/categories?post=5253"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/tags?post=5253"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}