How many days before ICBC's fund redemption arrives?
Redemption before the day 15:00 is calculated according to the net value of the fund announced after the close of the day; Redemption orders declared after 15:00 are subject to the closing price of the next day. Fund companies need to settle funds after receiving the instructions to redeem customers, so it takes some time to redeem funds.
The redemption time of funds in different consignment channels may be different. Generally speaking, the equity fund T+4 arrives. 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.