‘Available cash’ is the cash in your account you can use to invest – and this can differ from the cash in your account you’re able to withdraw.
This is because of the way the amount you can withdraw is calculated. You can withdraw the total of the cleared cash in your account minus any money earmarked for pending share or fund purchases and limit orders. If you’ve recently paid money into your account, it can take up to five days to clear.
You can buy investments using unsettled cash (pending sale proceeds or money you have just paid in by debit card), but when placing a deal, we'll always use any cleared cash you have before using any unsettled cash.
Sales proceeds will normally be available to withdraw one day after the settlement date shown on your contract note.