How long does it take to redeem the fund purchased by the bank?
The redemption time of funds purchased by banks is generally 1 to 3 working days, and the longest time will not exceed 5 working days. But different banks and different products have different redemption times. Investors can inquire about fund trading rules or call bank customer service. Taking China Construction Bank as an example, the fund redemption time is as follows:
1 Monetary funds generally have T+2 trading days.
2 stock funds are generally T+4 trading days.
3QDII funds are generally T+ 10 trading days.
In addition, it should be noted that if the fund trading time is between 09:30- 15:00 on the same day, T day is the trading day. On the contrary, T Day is the latest fund trading opening day after trading.
What's the matter that it hasn't arrived yet after redemption?
After the fund is successfully redeemed, the funds are directly transferred to the savings account for fund transactions, that is, the investor's bank card. However, if the investor's funds do not arrive within the specified time after applying for redemption, there is a high probability that the bank card that has arrived is in an abnormal state. For example, if the status of the savings account is dormant or frozen, investors are advised to ask about the specific situation of customer service first, and then go to the bank outlet with their valid identity documents.
In a word, investors don't have to worry that the funds purchased by banks don't arrive immediately after redemption. You can wait patiently first. If the time has not passed, it is recommended to consult the bank customer service first.