The redemption speed of basic formal fund companies is almost the same, and they are all uniformly stipulated.

"It takes T+7 working days to redeem a fund, plus two weekends, and it takes almost nine days for the funds to be in place.

It seems that fund redemption is only the reverse process of subscription, but it is not as simple as imagined.

For example, after an investor issues a redemption order, the order will reach the fund company's database. Every day, they will summarize the fund redemption situation of the day and set aside the corresponding cash for the redemption of investors. For different fund types, fund companies have different processing times for redemption and settlement, such as money funds and short-term debt funds, the interval between trading day and settlement day is small, generally the day after trading day; If it is a stock fund, it is usually the third or fifth day of the trading day. After the settlement, the money will arrive in the account, and the bank will have to settle for 1 to 2 days before the redemption amount can be credited to the investor's account. It can be seen that the redemption speed of a fund is closely related to the settlement speed of fund companies and consignment channels.

Therefore, even for the same fund, the redemption time will be different in different consignment channels.

Prompt 1. Choose the fastest consignment bank.

Then, what is the difference between the redemption time of different funds in the major banks that currently sell funds on a commission basis? A timetable for fund redemption compiled by the reporter can provide some reference for readers.

It is worth investors' attention that the T here means to apply for redemption before 3 pm on the next working day. Some investors use online banking or telephone banking to redeem funds. If it exceeds three o'clock in the afternoon, it will be handled on the second working day. Accordingly, the arrival time of funds will be delayed by one working day. In addition, the redemption time is calculated according to working days. If there are non-working days such as Saturday and Sunday, the redemption time will be delayed.

The redemption time of funds sold by different banks is still quite different, and investors can choose a bank agency that redeems faster.

Tip 2. "Yinjitong" and direct selling are faster.

Different from the bank's consignment channel, funds purchased through "Yinjitong" or the fund company's electronic direct sales channel can still be "one step ahead" in redemption.

Take the "Yinjitong" business launched by Huaan Fund, Minsheng, Xingye and Shanghai Pudong Development Bank as an example. Generally speaking, it takes T+2 working days for money market funds to arrive, and T+5 to T+7 working days for other funds to arrive. However, if you take the "silver-based link" channel, investors can get the redemption money from their accounts at noon on the second working day after the redemption of money market funds and at noon on the third working day after the redemption of non-money market funds, which greatly improves the efficiency of investors' use of funds.

Now more and more investors prefer the electronic direct selling channel of fund companies when investing in funds. The reason is not only that the rate of electronic direct selling is more favorable, but also that the fund is redeemed faster, which is more conducive to ensuring the liquidity of funds.

For example, under normal circumstances, the redemption of Guangfa Money Market Fund through the bank consignment channel is T+2. However, if you use Guangfa Card or Industrial Card to redeem through online transactions of Guangfa Fund, you can generally achieve T+ 1. So is the Great Wall Monetary Fund. The Great Wall Monetary Fund purchased through the Great Wall Fund Direct Sales Center will be redeemed on the same day, and the redemption money will be received on the next working day (i.e. T+ 1); Sales organizations other than Huaxia Bank basically need to arrive on the second working day. If the investor redeems the money market fund through the direct sales channel of Industrial Fund, after the successful redemption application on T day, the redemption money can be received on T+ 1 day at the earliest.