Minsheng Ruyibao, like Yu 'ebao, is a money fund, which mainly invests in cash, agreed deposits, short-term bonds and other market currency instruments, with good liquidity and low risk. Although every kind of investment has risks in theory, from the historical experience, the probability of loss of the money fund is very small. Then many people will ask: What are the rules for transferring or redeeming Ruyibao from Minsheng Bank?
What are the rules for transferring or redeeming Ruyibao from Minsheng Bank?
1. Customer initiates transfer, consumption and payment.
After the fund transfer instruction is issued, the system will automatically apply to the fund company for fund redemption. After the fund company confirms, the money will arrive at the customer's electronic account in real time for the customer to transfer, consume and pay. Expected income is not calculated on the day when the funds are transferred out.
2. Exchange rules:
When a customer initiates a redemption transaction, the share in the account will be automatically processed by the fund company system according to the principle of last in first out.
3. Real-time redemption limit on the same day:
When the customer redeems, the real-time maximum redeemable amount on that day is 5 million yuan. Minsheng Bank and fund companies can modify this limit according to their business needs and announce it in Ruyibao business rules in advance.
4. Real-time total redemption control:
In order to avoid too many real-time large redemptions affecting Ruyibao's business operation, Minsheng Bank and fund companies have set up real-time redemption totals. The total amount of real-time redemption is flexibly controlled by Minsheng Bank and fund companies according to the real-time redemption. If the customer's real-time redemption amount exceeds the total amount of real-time redemption available in the system on that day, the customer will be prompted to fail the transaction or make an appointment for redemption.
5. Redemption by appointment: If the real-time redemption limit of the day is exceeded, the customer needs to make an appointment for redemption, and there is no limit for redemption by appointment. The money will be transferred to the customer's account at T+ 1, and the account will not be subscribed automatically within three days. Customers can activate automatic subscription manually, or the system will resume automatic subscription after three days.
The above is an introduction to the rules of transferring or redeeming Ruyibao from Minsheng Bank. In the process of using wealth management products, we often encounter problems of transfer and redemption, and the rules between different products are different, so it is good to know carefully before investing and buying!