Redemption funds usually take several days to arrive, and the time of arrival is different in different ways. Redemption of funds through consignment, such as redemption of funds through banks, including redemption of funds through bank online banking, usually takes 4 or 5 days from the date of redemption to reach the bank card account. Redemption from the fund company's website through direct sales usually takes only three days to arrive.
The above rules apply to stock funds and bond funds. If the money fund is redeemed, it will arrive much faster. Direct sales will arrive the next day and consignment will arrive in two days.
In addition, the way to redeem the fund is the same as the way to buy the fund at that time. Funds purchased from banks cannot be redeemed directly from the website of the fund company.