Many people will have such a question when holding trust products: How long will it take for the trust to reach the account after redemption? In fact, the time when the trust redemption bank arrives varies with different banks and different types of trust products. The following is a detailed introduction for everyone.
how many days will the trust fund be redeemed?
1. redemption time of ordinary bank trust
the redemption time of ordinary bank trust products is generally about 3 working days, and the specific time depends on the processing speed of the bank. In order to minimize the time of trust redemption, it is recommended that you choose trust products from large banks or senior financial institutions.
2. Trust redemption time of private banks
Compared with ordinary banks, the redemption of trust products in private banks is generally faster, and it can be received within 1-2 working days. However, this kind of trust products usually require a large amount of funds and a high redemption fee.
3. Redemption time of joint trust
The redemption time of joint trust depends on the specific product description, and the general redemption time is about 3 working days. However, if you encounter some special circumstances, such as holidays or banking system failure, you may be delayed.
although trust products have a high rate of return, they are also relatively risky. When choosing and buying, you must carefully evaluate your risk-taking ability and choose the trust product that suits you according to your actual situation.