How long does it take?

[peekay]

How long does it take for me to get my money back? I accidently held a few TOPDWI's into expiry. They expired on 16 August. How long will it take for me to get something back? If I am not mistaken their value was about R 1.90 each on expiry. Could anyone shed some ligth on this. Thank you very much.

[SimonPB]

First oen has to wait for the T+5, so in the immediate it is 5 trading days there after. Then DB will arrange settlement, but they used to settle out of London and this slowed the process. That all said I just spoke to Tats DB and they say the next few days and it is around 190c.

[peekay]

Thanks a lot Simon, you are a star. And if no-one else want to say it (since I was also complaining dearly) , and hopefully I don't jinx it now, Standard Bank Online Share Trading has been running quite well lately.