How to transfer custody of OTC funds to on-exchange funds? The specific steps are as follows Funds can be divided into two types: on-exchange funds and over-the-counter funds according to different trading venues. On-exchange funds refer to funds that can be traded in the secondary market. Investors It can be purchased through a stock account, and OTC funds refer to funds traded over the counter. Investors can purchase through some agency agencies, such as Alipay and Tiantian Fund Network. However, the OTC funds purchased by investors can apply to be transferred to custody. In the field, let me introduce to you the conversion steps. The specific steps for transferring over-the-counter funds to the on-site custody system are as follows: 1. When investors apply to transfer fund shares to the on-site system, investors should bring their valid identity documents to the qualified SSE member business department to be transferred to. Designated transactions, except for designated transactions that have been processed. 2. On T day, the investor submits an application for fund share transfer to custody at the over-the-counter fund manager or its agency. The fund manager of the over-the-counter transfer party or its agency shall apply for transfer of custody as required. The transfer transfer party must indicate the code of the transferee (Shanghai Stock Exchange), the open-end fund account number, the fund code and the transfer custody quantity. Escrow quantity should be a whole number of shares. 3. At the end of day T, China Clearing Corporation’s TA system processes the custody transfer application. For qualified transfer custody application data, the fund share of the investor’s Shanghai open-end fund account will be deducted, and the fund share of the Shanghai securities account will be increased accordingly; for unqualified transfer custody application data, the reason for failure shall be indicated and reported back to the fund manager of the transferor or other parties. Agency. 4. On T+1, China Clearing Corporation will feedback the results of successful and failed custody transfers to the over-the-counter fund manager or its agency. Investment is risky, so be cautious when entering the market