Fund transfer custody refers to the behavior that fund share holders apply to transfer all or part of their fund shares held in a trading account of a sales organization to a trading account of another sales organization. It can also be said that transfer custody refers to the business that the same investor transfers the fund shares entrusted in a consignment agency to another consignment agency.

sub-custody category:

1. One-step sub-custody

The sub-custody business is handled unilaterally in the original custody institution, and the new custody institution can check it two days later.

2. Two-step custody transfer

After the original custody institution handles the custody transfer business, it is necessary to go through the formalities of confirmation of custody transfer in the new custody institution.

Extended information:

Note:

When transferring custody, fund holders can transfer all the fund shares they bought in a sales organization (location) at one time or partially, but the balance of the fund shares transferred out and transferred to the sales organization after the transfer custody is completed shall not be lower than the minimum holding share stipulated in the Fund Contract.

if the balance of a fund unit managed by the investor in the sales organization (location) is lower than the minimum share after re-custody, the re-custody shall be confirmed as unsuccessful. If the investor's share balance of this fund has been lower than the minimum share, he must apply for transferring it all at once when transferring custody. If the applied quantity is not all, the registration and registration transfer department shall confirm the transfer custody as unsuccessful.

Baidu Encyclopedia-Fund Transfer Custody