The so-called "T+0 redemption and cash withdrawal" means that the money fund users can quickly redeem the money fund shares to the bank card on the same day through the fast account arrival service, and if it is fast, it will arrive within 2 hours. The fast redemption business originated from bank financing, and money market funds began to launch this business on 20 12. Because this business provides investors with the investment experience of "instant redemption", it has gradually become a value-added service of money market funds and has been rapidly promoted in the market. "T+0 redemption and cash withdrawal" is the representative of its business model.