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Specific steps of fund redemption confirmation process
you don't need to send a text message or call to confirm, but if you have a contact phone in the fund company, the fund company may send a text message to tell you that the application you submitted has been received. After applying for redemption online, just wait for the funds to arrive.
it is worth noting that after receiving the customer's redemption instruction, the fund company needs to settle the funds, so it takes some time. Even if the same fund is sold in different banks, the redemption time will be different. Generally speaking, the redemption time of money funds is "T+1", and that of stock funds is generally "T+5" or "T+7". In addition, it is worth investors' attention that the T here refers to redemption applications filed before 3 pm on the working day. The time of redemption is calculated according to working days. In case of Saturday and Sunday, the time of redemption will be delayed.
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