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How long will it take to redeem? Financing leads growth.
After receiving the customer's instructions, the fund company needs to settle the funds, so it takes some time. Even if the same fund is sold in different banks, the redemption time will be different.

The redemption of money funds is generally T+ 1 working day (direct selling) or T+2 (consignment).

The redemption of bond funds is generally T+3 or t+4 working days.

The redemption of stock hybrid funds takes T+4 to T+5 working days, and holidays such as weekends are not counted as working days.

It is worth investors' attention that the T here refers to the redemption application submitted before 3: 00 pm on the same working day. The redemption time is calculated according to working days, and Saturday and Sunday are not working days.

So the specific time depends on the settlement efficiency of the fund company and the transfer speed of the bank. There is a difference of 1-2 days between different fund companies and banks.