What we need to be clear is that the time of fund redemption is determined by many factors, including the processing speed of fund companies, the processing speed of banks and the settlement time of the market. Generally speaking, fund redemption takes 2 working days.
In the process of fund redemption, first of all, we need to log in to the fund company official website or use the mobile APP to operate. Select the fund products to be redeemed, fill in the redemption amount and confirm the redemption application. This process usually takes only a few minutes, which is very convenient and fast.
The fund company shall handle it on the next working day after receiving the redemption application. They will check the redemption amount and the identity information of investors and conduct some necessary audits. This process generally takes 1 working day.
After the audit is completed, the fund company will transfer the redemption money to the investor's bank account through bank transfer. The processing speed of the bank is also an important factor affecting the bookkeeping time. Generally speaking, most banks will complete the transfer operation within 1 working day.
Therefore, based on the above-mentioned time node, it usually takes 2 working days from the time we submit the fund redemption application to the time when the funds arrive. There are also a few fund companies that will process redemption applications faster, even on the same day. But this needs to be decided by different fund companies and banks.
It should also be noted that under some special circumstances, such as legal holidays or weekends, the working hours of fund companies and banks will be adjusted, which may lead to delays in fund redemption. When redeeming the fund, it is best to take these factors into account so as not to delay your fund use plan.
It usually takes 2 working days for the fund to arrive after redemption, which is determined by the processing time of the fund company and the processing time of the bank. We can redeem the fund through online operation, which is very convenient and fast. At the same time, when redeeming funds, legal holidays and weekends should also be taken into account to avoid delays in the receipt of funds. I hope this article will help you, and I wish you a smooth and efficient investment and financial management!
China fund newspaper Wu Lu
On June 5438+1October 65438+March 2023, official website, the CSRC, issued the Reply on Agreeing to Establish Schroeder Fund Management (C