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Redemption mechanism

Edit: Financial 360 finishing Source: Fusion 360 Date: 2014-03-24

Summary:

The redemption mechanism means that the fund holder sells the unit of funds held in his hands at the published price and recovers the cash. In internet financial products, the redemption mechanism is equivalent to the transfer of money. Different redemption mechanisms for internet wealth management products are different. ToWeChat Wealth ManagementFor example, every time
Redemption mechanismIt means that the fund holder sells the fund units held in his hands at the announced price and recovers the cash. inInternet FinanceIn products, the redemption mechanism is equivalent to the transfer of money. Different internetFinancial productRedemption mechanism is different. WeChatFinancial managementAs an example, each time the redemption of a maximum of 50,000 yuan, one day can be redeemed for 5 times (up to a maximum of 250,000 yuan can be transferred daily), and the arrival time varies with the redemption time, as follows:

---0:00-7:00 to be redeemed and arrived before 10:00 on the same day;

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

--17:30-0:00 Redemption, arrival before 10:00 the next day.

The time of arrival of the WeChat Financial Link Redemption business from the time of 10:00 am on March 28 will be temporarily adjusted to the second business day of redemption.

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