Can be redeemed.
First of all, there is generally no preferential rate for fund redemption on Tiantian Fund Network, and it is usually implemented according to the regulations of the fund company. Since Tiantian Fund Network is a third-party sales platform, it is a fund sales agency just like banks and securities companies. There will be no significant difference in the time when fund redemptions are received.
The specific time depends on the settlement efficiency of the fund company and the transfer speed of the bank, and the capital turnover time between different fund companies and agency agencies, so there is often a difference of 1-2 days. Furthermore, if the bank to which your transfer card belongs is the custodian bank of the fund, it will usually be one day faster.
It is generally T+1 working day (direct sales) or T+2 (consignment sales) for monetary fund redemptions to be received. If the fund company website has opened T+0 direct sales and meets the conditions, it can be redeemed on T+0 .
It usually takes T+3 or T+4 working days for bond fund redemptions to arrive.
The redemption period for stock funds and hybrid funds is T+5 to T+7 working days. Holidays such as weekends are not counted as working days.
It is noteworthy for investors that the T here refers to redemption applications made before 3 pm on the working day of the same day. The time it takes for redemptions to arrive in your account is calculated based on working days. If it falls on Saturday or Sunday, it will not be counted as working days.
After the Tiantian Fund Network funds are redeemed, the redemption money will be transferred to your bound bank card by the cooperative payment institution designated by Tiantian Fund Network after the fund company has transferred it to Tiantian Fund Network, that is, The card you use to purchase the fund and pay the subscription fee follows the same card entry and exit principle. If you want to withdraw cash, just wait until the redemption money reaches the card and withdraw it directly from the bank.