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Why can't the Bank of Communications Fund withdraw cash now?
In order to better serve individual customers who invest in funds, Bank of Communications launched the real-time cash withdrawal service of monetary funds. The customer holds the designated monetary fund share through the fund trading account opened by Bank of Communications. When investors are in urgent need of funds, they can apply to Bank of Communications for real-time cash withdrawal service of money funds and transfer their designated money fund shares to designated fund companies. After verification, the fund company advances the corresponding funds for real-time use by customers.

Real-time cash withdrawal of the Monetary Fund supports 7×24-hour transactions. The fund share transfer-out transactions before 15: 00 on the normal trading day are submitted as the application of the current day, and the fund share transfer-out transactions after 15:00 are submitted as the application of the next trading day, which does not affect the real-time arrival of the transferred funds. At present, customers can handle real-time cash withdrawal of money funds through three channels: counter, personal online banking and mobile banking.

1. Bank of Communications is only a consignment channel, and the customer's application for quick transfer transaction only means that it is accepted by Bank of Communications, but it does not mean that the customer's transaction application is finally confirmed.

2. There is an upper limit for the daily single transaction of real-time cash withdrawal by the Monetary Fund, and the application exceeding the limit may not be successful. Please pay special attention.

3. The fund is risky and needs to be cautious in investment.