1. How does Alipay withdraw cash?
No matter the principal or expected income of the fund purchased in Alipay can be directly reflected, it is necessary to redeem the fund share to get back the investment money.
Alipay fund withdrawal process: log in to Alipay client, click Wealth, Fund and Holding to see all funds purchased in Alipay, click "Holding Expected Return" in the lower right corner of the fund you want to withdraw, and you will see the "Sell" button at the bottom of the page.
Second, Alipay cash withdrawal rules
1, withdrawal time
Funds purchased by Alipay can only be applied for sale on the day of fund share confirmation 15. For example, when an investor buys a fund before Monday 15, the time to confirm the share is generally T+ 1 trading day, that is, it can be confirmed on Tuesday, and the fund share can be sold after Tuesday 15.
2. Withdrawal sequence
Alipay funds have two redemption orders: FIFO and LIFO. The fund shares bought by LIFO are limited to redemption, while LIFO is the opposite, and the fund shares bought later are redeemed first.
Alipay funds are generally redeemed according to the first-in first-out rule, and some funds are redeemed according to the last-in first-out rule. For details, please refer to the sales rules of fund products.
3. Time for cash withdrawal to the account
Fund shares sold before trading day 15 can be received before 24: 00 on the next trading day, and fund shares sold after trading day 15 should be received before 24: 00 on the third trading day. The redemption time of QDII and FOF may be longer.
The above content about how to withdraw cash from Alipay Fund, I hope it will help you. Warm reminder, financial management is risky and investment needs to be cautious.