Generally can be divided into three stages:
1. transaction application (t day): you submit a subscription or subscription application on the fund company's website or the fund company's agency (bank counter or online banking) and transfer the funds into the fund company's account. At this time, the fund company's website (direct sales) shows "unprocessed".
2. Transaction Confirmation (T+ 1): The fund company will confirm your application the day after you submit your transaction application. If it meets the requirements, it will be successful. After deducting the handling fee, it will be converted into your share according to the net value of T day. Otherwise, it fails and the funds are returned to the original account.
3. Transaction inquiry (T+2 days). The day after you submit your trading application, you can log on to the website of the fund company to check the confirmation of your trading application. This is the rule of T (transaction), T+ 1 (confirmation) and T+2 (inquiry). However, if you submit your mobile phone number at the time of registration, you may receive a confirmation message at the same time as the fund company confirms it, which means that you know it one day earlier than online inquiry.