If you need fast access to funds from your shares, timing matters.
In Australia, standard ASX trades settle on a T+2 basis — two business days after the trade date. This does not include the additional time required for funds to reach your bank account.
When time is critical, this delay matters.
Unbroker offers Same Day Sale and Settlement for issuer-sponsored (SRN) holdings — without requiring you to open a trading account.
That means your shares can be sold and settled on the same business day, instead of waiting for the standard T+2 cycle.
Built for Issuer-Sponsored Shareholders
Many Australians hold issuer-sponsored shares (SRN holdings) and only discover how complex they can be to sell when urgent access to funds is needed — whether for a property settlement, estate matter, or unexpected expenses.
Unbroker specialises exclusively in one-off issuer-sponsored (SRN) share sales for shareholders who:
- Don’t have a trading account
- Need a fast, compliant, straightforward sale
- Prefer to pay a clear, one-off service fee
How Unbroker’s Same Day Settlement Works
Our Same Day service follows a streamlined process:
- You submit your online application and ID verification
- Your application and supporting documents are verified
- Your shares are sold at-market
- Your shares settle the same business day
- Funds are transferred to your nominated bank account the following business day
We also offer a Standard (T+2) option, allowing you to choose based on your timeframe and pricing preference.
Same Day vs Standard Settlement
|
Step |
Same Day Sale & Settlement |
Standard |
|
Application & ID Verification |
Same business day |
Same or next business day |
|
Sale Execution |
Same business day |
Same or next business day |
|
Settlement |
Same business day |
T+2 (2 business days) |
|
Funds Received |
Next business day |
3–4 business days |
Timing depends on when your application and ID verification are completed. Our team will review your submission and confirm if any additional information is required. For Same Day Sale and Settlement, applications must be approved before 1pm (AEST) on a business day. Applications approved after 1pm will be executed and settled the following business day.
What You’ll Need
To sell shares without delays, you will need:
1. Your Holding Details
You’ll find these on any recent holding or dividend statement.
If you need help retrieving your SRN we may be able to assist here.
2. Identification
ID verification is completed securely using our 100-point verification process for each registered shareholder. More information on our ID verification process can be found here.
3. Supporting Documents (if required)
Some holdings require additional documentation to confirm authority to sell such as:
- Estate — Will, Probate/Letters of Administration, Death Certificate
- Trust — Trust Deed or trustee appointment documents
- SMSF — Evidence of the SMSF and trustee identity
- Minor accounts — Parent/guardian ID and proof of authority
4. Bank Account Details
The bank account must be in the same name as the registered holder or entity (e.g., trust, SMSF, company, estate). If you nominate a different bank account from the one registered for dividend payments, a recent bank statement will be required.
Who Uses Unbroker?
Shareholders choose Unbroker when they:
- Do not want to open a trading account
- Need urgent access to funds
- Are dealing with estate, trust, SMSF or minor holdings
- Prefer a streamlined one-off sale
Ready to Sell and Settle Today?
Unbroker can execute and settle on the same business day once verification is complete.
It is the fastest way to convert shares into cleared funds — without opening a trading account.
Start your secure online application here.
Frequently Asked Questions
Yes — if your shares are issuer-sponsored and registered in your personal name, you can sell them online without opening a trading account. For more information, click here.
Yes — shares registered in joint names can be sold online through Unbroker, as long as both shareholders complete the ID verification process. For more information on how to sell your joint holdings, click here.
100 points of ID is a document-based identity check used in Australia. You’ll need to provide certified copies of documents—like a passport, licence, or utility bill—that add up to 100 points. For more information on 100 points of ID click here.
If your shares are issuer-sponsored and you have the SRN, you can sell them quickly online using Unbroker—no trading account required. To learn more about selling issuer-sponsored shares in Australia, click here.
Yes — if your shares are issuer-sponsored, you can sell them online through Unbroker without opening a trading account or using a full-service broker. For a quick guide to selling shares with Unbroker, click here.
Yes — if you're acting under a valid Power of Attorney, you can sell issuer-sponsored shares through Unbroker by providing the required documents and ID. To find out what’s required when selling shares under a Power of Attorney, click here.
An SRN identifies shares held directly with a share registry, while a HIN is used for shares held through a broker. Unbroker can only sell shares registered with an SRN. To learn more about the difference between an SRN and a HIN, click here.
Yes — if you’re acting as an executor or legal representative for an Estate, you can sell issuer-sponsored shares through Unbroker by providing the required estate documents and ID. For more information on selling shares belonging to an estate, click here.
That’s fine — both shareholders can authorise the funds to be paid into one person's account using a signed authority form provided by Unbroker.
A one-off share sale lets you sell issuer-sponsored shares without opening a trading account or using a full-service broker — perfect for casual or one-time sellers.
Unbroker specialises in one-off share sales — no trading account, no upsells, and no ongoing fees. We're built for people who just want to sell and move on. For a detailed comparison, click here.
Most share sales settle within one to three business days — including ID verification, trade execution, and payment. Unbroker offers same-day sale and settlement, enabling you to receive your funds one business day after the sale. For more information on sales and settlement timelines, click here.
Yes — if you have your SRN and ID, you can sell issuer-sponsored shares through Unbroker without logging into the registry. Click here for more information.
Yes — if the shares are registered in the company’s name, they can be sold through Unbroker with the proper documentation and ASIC verification. Click here to see our full guide on selling shares held company.
Yes — if the shares are registered in the name of your trust or SMSF, you can sell them through Unbroker by providing the deed, trustees ID and any supporting documents. To learn more, see our full guide on selling shares held by a family trust or SMSF here.
Yes — if your ESS shares are issuer-sponsored and registered in your name, you can sell them through Unbroker without needing a trading account. For more information on selling shares from an ESS, click here.
Yes — as an overseas resident, you can sell issuer-sponsored shares through Unbroker by posting original certified ID. For more information on our international ID requirements, click here.
We’re required by law to verify the identity of each registered shareholder before processing a sale — it helps prevent fraud and ensures compliance with ASIC and anti-money laundering regulations. For more information on ID verification, click here.
Your SRN is usually found on a holding statement or letter from the share registry — it’s required to sell issuer-sponsored shares through Unbroker. For more information about what an SRN is, click here.
Yes, it’s still possible to sell shares if you can’t find your SRN. In many cases, Unbroker can retrieve your SRN for you and handle the sale process without needing to contact the registry. For more information, click here.
Yes — as long as you're using a licensed and compliant provider like Unbroker. We verify all sales, protect your information, and never ask for upfront payments. For more details on how Unbroker keeps your transactions secure, click here.
Yes — as a parent or legal guardian, you can authorise the sale of shares held by a minor by providing certified ID and signing an authority form.
Yes — as long as your IPO shares are issuer-sponsored and no longer subject to escrow, you can sell them through Unbroker without needing a trading account. To get started today, click here.
If you’ve lost your holding statement, you’ll need to contact the share registry to request a replacement. Once you have your SRN, you can sell your shares through Unbroker.
Yes — as long as you can provide certified evidence of the name change (e.g. marriage certificate or name change certificate), Unbroker can help process your share sale. For more information, see our full guide on selling shares when your name has changed here.
Funds are paid one business day after settlement.
Depending on whether you choose Same Day Sale & Settlement or Standard settlement, you’ll receive your money within 1–3 business days. For more information, click here.
Yes — you don’t need a TFN to sell your shares through Unbroker.
However, if no TFN is recorded on your shareholding, the registry may withhold tax from any dividends you’ve received. This doesn’t affect the sale itself.
If the shareholder can’t sign, someone else may be authorised to act under a valid Power of Attorney or court order. We’ll need certified documents confirming their authority before we can proceed. To find out what’s required when selling shares under a Power of Attorney, click here.
Yes — shares registered with an account designation can be sold through Unbroker, provided the authorised person completes the required verification process. Click here to learn how the process works.
