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Redemption mechanism

Edit: Rong 360 finishing Source: Rong 360 Date: 2014-03-24

Summary:

The redemption mechanism means that the fund holder sells the units held in his hands at the published price and recovers the cash. In Internet wealth management products, the redemption mechanism is equivalent to the transfer of the amount. Different Internet wealth management products have different redemption mechanisms. TakeWeChatFor example, every time
Redemption mechanismIt means that the fund holder sells the units held by the fund at the published price and recovers the cash. inInternet bankingIn the product, the redemption mechanism is equivalent to the transfer of the amount. Different internetFinancial productThe redemption mechanism is different. WeChatFinancial managementFor example, the maximum amount of redemption is 50,000 each time, and five times can be redeemed in one day (up to 250,000 yuan can be transferred every day). The arrival time varies with the redemption time, as follows:

---0:00-7:00 redemption, arrived before 10:00 on the same day;

---7:00-17:30 redemption, arrival within 2-4 hours;

---17:30-0:00 redemption, arrived before 10:00 the next day.

The time for the receipt of the WeChat Wealth Redemption business was temporarily adjusted from 10:00 am on March 28 to the second working day of redemption.

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