Is AliPay's living money management reliable?
From the perspective of the platform, living money management belongs to Alipay's consignment. Although the money fund docked inside is not sold by Alipay, it is also audited by Alipay, so it must be a reliable and formal wealth management product.
From the perspective of living money management itself, it belongs to the money fund. Money funds have risks, but the risks are relatively small, but the principal and interest are not guaranteed. Therefore, when buying, everyone should also pay attention to its risks.
How long can AliPay's living money be taken out?
Generally, Alipay's money can be redeemed at any time, but it will not arrive immediately, which is generally T+ 1, which means it will arrive at T+ 1. For example, it will be redeemed on Monday and received on Tuesday. If it is redeemed on Friday, it will arrive next Sunday, except working days.
Therefore, if you need money, you need to plan ahead and take it out one or several days in advance, but generally speaking, the liquidity of living money management is still relatively good, and generally you don't need to wait for a long time. If you want to save it, take it out at any time. It is recommended to put it in Yu 'ebao and take it out at any time.