Depending on your client needs, you can elect one of the below settlement methods:
- Line by line – FinClear debit/credit the linked bank account for each trade, for the full value.There is no netting of credits/debits.
- Offset – Available credits will offset with debits, and the net settlement
value debited/credited from the default linked bank account. - Same Day Netting – Available credits will be offset against debits with the same settlement date. Future dated debits will not be include in the netting.
To manage the settlement method, navigate to Account Maintenance > Bank Details > Sett Method and a pop up will display
Select the required settlement method and click Save.
