What should I do if the funds do not arrive after the fund is redeemed?

Updated on Financial 2024-03-13
6 answers
  1. Anonymous users2024-02-06

    1.First of all, you need to find the order you redeemed in Transaction History - Classification - Redemption, and click on the order details to check whether the funds you redeemed have been paid.

    2.If the redemption record shows that the payment has been made, it may be because the bank arrival SMS is not sent in time, and you need to check the online banking of the bank card.

    Transaction details are verified. If it is true that the redemption funds have not been received, it may be due to the following reasons:

    1) Supervise Minsheng Bank.

    If the payment fails, it will generally be paid again on the next trading day, and it will arrive before 12 o'clock.

    2) Your card status is abnormal.

    If you can't credit your account, you need to change your bank card.

  2. Anonymous users2024-02-05

    For different product types, the time for redemption funds to arrive is different. If you have confirmed that the redemption has been successfully processed**, there may be several reasons why the redemption funds have not been received:

    1. After the redemption, the company and the bank will liquidate the funds, and the funds will be returned according to the arrival date specified by the company, generally speaking, the redemption funds are generally T+4 working days, the currency is generally T+2 working days, and the QDII is generally T+10 working days (if the trading time is between 09:30 and 15:00 on the day of the trading open day, then the T day is the trading day; If the trading time is not within the above range, then T day is the latest ** trading open day after the transaction) If it is within the above time range, please be patient;

    2. If the status of the bank account is abnormal (such as the status is dormant, etc.), it is recommended that you call the customer service of the bank for consultation, or go to the nearest bank branch with your valid ID card and bank card for verification.

  3. Anonymous users2024-02-04

    **The redemption was confirmed but not received.

  4. Anonymous users2024-02-03

    **The redemption was confirmed but not received.

  5. Anonymous users2024-02-02

    Summary. Hello, dear, glad to answer for you. <>

    <> has been redeemed for 10 days, and the reasons why the funds have not yet arrived are: your ** is suspended or not expired, and the redemption will be confirmed as a failure. 2. The remaining share of the account after redemption is lower than the minimum holding share stipulated by ** company; 3. In case of dividends, splits, etc., redemption will not be allowed in stages; 4. The transaction password is wrong, and the transaction password needs to be entered when buying and selling, and the transaction fails if the password is wrong.

    It's been 10 days since the redemption, and the funds haven't arrived.

    Hello, dear, glad to answer for you. <>

    <> has been redeemed for 10 days, and the reasons why the funds have not yet arrived are: your ** is suspended or not expired, and the redemption will be confirmed as a failure. 2. The remaining share of the account after redemption is lower than the minimum holding share stipulated by ** company; 3. In case of dividends, splits, etc., redemption will not be allowed in stages; 4. The transaction password is wrong, and the transaction password needs to be entered when buying and selling, and the transaction fails if the password is wrong.

    5. The company may have a huge redemption, and the company can confirm the failure. **If the redemption fails, there will generally be a prompt, if there is no prompt, you can consult your account manager. **Implement T+1 trading, redeem the shares on the second trading day after 15 o'clock in the afternoon of the same day, and the funds will arrive in the account after the shares are confirmed, and the arrival time will be 1-3 working days.

    **When redeeming, you need to check the redemption rules, if you buy it on a third-party platform**, it is unsuccessful when you redeem, you can also consult the customer service of the platform.

  6. Anonymous users2024-02-01

    It's been 10 days since the redemption, and the funds haven't arrived.

    **Reasons for Redemption Failure**

    Sometimes, redemptions may fail. This can be due to the following reasons:

    1.Suspended or Unexpired: If your Redemption Request is suspended or not expired, the redemption request may be confirmed to have failed.

    2.*Insufficient Account Remaining Shares**: If the remaining shares of your account after redemption fall below the minimum holding share set by **Company, the redemption may fail.

    3.*Dividends, splits, etc.**: In some cases, in case of ** dividends, splits, etc., there may be restrictions that do not allow redemption in stages.

    4.*Trading password error**: When redeeming**, you need to enter the trading password. If the password is incorrect, the transaction will fail.

    5.Large redemptions from companies**: If a company faces a large redemption, they may choose to decline a partial redemption request.

    **Redemption Process**

    **Redemption requests are usually confirmed within the T+1 trading day. This means that redemption requests you submit before 15pm on the same day will be confirmed on the next trading day.

    Once confirmed, the funds will arrive in your account within 1-3 business days, which may vary depending on the product.

    Other considerations**

    If you purchase** on a third-party platform and have trouble redeeming it, it is recommended to consult the platform's customer service for assistance.

    Redemption rules may vary, so make sure you understand the rules and restrictions before attempting to redeem.

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