How long does it usually take for fund redemption to arrive?

The money redeemed by the fund is returned to the bank card, but the redemption speed is fast and slow. I won't return to the bank card immediately after redemption, so I need to wait patiently.

Gold redemption generally takes two working days to be confirmed by the system and then liquidated. Fund subscription and redemption can only be said to be successful after being confirmed by the T+2 day system. The general redemption process of open-end funds is: not reported on T day, reported on T+ 1 and completed on T+2. Fund subscription and redemption can only be said to be successful after being confirmed by the T+2 day system.

It is normal to show that the order was not submitted on the submission date (T day). Even if the order is placed around 2:50, as long as records are found in the entrusted inquiry, it will generally be submitted on the second trading day (T+ 1 day) and completed on the third trading day (T+2). And then after liquidation. Therefore, the average open-end fund needs about 4 working days. Other overseas funds are generally within 10 days.

Extended data:

Matters needing attention in fund redemption:

1. Investors shall handle relevant matters according to the procedures specified in the fund prospectus.

2. An investor can only open a fund account in a fund management company.

3. Generally, the initial minimum subscription amount of direct selling outlets has a fixed limit (in RMB), and the minimum additional subscription amount also has a limit, and there is no differential limit. (However, investors who have subscribed for this fund unit at any sales outlets are not subject to the initial minimum subscription amount).

4. The minimum share of general redemption has a fixed limit (in RMB), and there is no difference limit. Fund holders can redeem all or part of the fund units. However, if the fund unit balance of a certain outlet is less than a certain share due to a certain redemption, the remaining fund units must be redeemed together.

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