How to convert OTC funds into OTC funds?
First of all, we must understand that only funds purchased on the brokerage platform can be transferred. If you buy it on a third-party fund agency platform such as Alipay, you cannot transfer it to the market. The specific process is as follows:
1 You must first open an account with the relevant securities company, open a capital account with the brokerage firm, and sign a transfer custody business contract.
2. The fund account of the active securities company purchases the fund share in the primary market, and then submits the application for re-custody. After t+2 days, off-exchange funds can be transferred to the market, and then the funds can be traded in the secondary market.