The fast redemption business (also called "T+0 redemption business of money fund") means that investors apply for redemption of their money fund shares through China Bank during business hours, and China Bank opens a designated reserve account (or credit account) from the fund company in China Bank after receiving the customer's application, and pays the corresponding redemption money to the customer in real time according to the customer's entrustment.
The above contents are for your reference. Please refer to the actual business regulations.
If you have any questions, please contact online customer service of Bank of China.
You are cordially invited to download and use China Bank Mobile Banking APP or China Bank Cross-border GO APP to handle related business.