After the redemption application is submitted, it can basically be determined that it has been successful. The rest are all about banks and fund companies. For example, if you redeem a fund at a bank, the bank will confirm it first, and then send an instruction to the fund company, which will confirm it (at least one working day later), and the amount of redemption will be fed back to the bank, and the bank will finally confirm it. There is still time (the whole process usually takes 3-7 working days) from the time when the book amount is displayed to the time when it can be withdrawn (that is, there is a satisfactory amount).

In-transit transactions are not confirmed, and general fund companies do not confirm, which takes time.