When investors transfer off-exchange funds to the market, they need to complete the relevant account opening procedures according to the requirements of the securities business department and obtain the relevant conversion account information; On the trading day, investors bring their valid identity documents to the stock exchange to handle cross-system transfer custody business, and then complete the conversion operation according to relevant prompts. After T+2 days, the fund shares transferred from OTC funds can be inquired to confirm whether they have arrived.

Benefits of fund transfer in different places

The advantage of transferring the fund from OTC to OTC is that investors can trade in OTC market, and the liquidity of the fund will be greatly improved and developed better. And the fund will not lose money when it is transferred out of the market, but investors need to pay a certain transfer fee when it is transferred out of the market. The handling fee charged by the on-site fund for trading is usually a few ten thousandths, and the handling fee rate can also be negotiated with the fund manager. Compared with off-exchange fund trading, the transaction cost of on-exchange fund is obviously lower. Therefore, if investors hold funds for a short time, they can choose on-site funds, and the price is more affordable; If it is held for a long time, you can choose an OTC fund. Generally, the funds on the floor need to open a stock account to buy and sell.