In addition to individual T+ 1 redemptions, existing monetary funds generally need T+2 funds to arrive.

To achieve T+0, only through the channels of banks.

1. China merchants cash appreciation fund and China merchants bank "e-finance" realize t+0;

2. Deal with the buying and selling of money market funds of ICBC Credit Suisse Bank through ICBC's "Litianli" account to realize T+0. However, such T+0 redemption is not a free service, and it needs to pay a certain handling fee, which is equivalent to a two-day bank loan.