You can sell your bonds during market hours only: 9:00 AM to 3:00 PM (Philippine time), Monday to Friday. Selling is not available on weekends and holidays.
From Portfolio > Bonds.PH by UnionBank, select the bond you want to sell
Tap Trade, make sure you’re on the Sell tab
Enter the amount to sell, in peso value or in units
Tap Sell
Review the order details and applicable fees, and confirm.
Sales are subject to applicable fees. The fees are shown on the order review screen before you confirm.
Note: After you sell, your sale proceeds aren’t available right away. While the sale settles, they appear in the PDAX app as a pending balance:
PENDINGPHP - proceeds from selling RTBs. Once settlement is confirmed, the amount is credited to your PDAX PHP wallet.
PENDINGUSD - proceeds from selling RDBs. Once settlement is confirmed, the amount is credited directly to your nominated UnionBank USD account.
Pending balances can’t be cashed out or used until settlement is complete.
If you have any questions or need further assistance, you may file a support ticket here or you can send us an email at support@pdax.ph.
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