With the popularization of financial concepts and methods, more and more investors buy financial products. Wealth management products have a certain investment period, and it is generally not allowed to withdraw in advance before the expiration. Many investors can't help but worry about how to redeem their wealth management after it expires. How to calculate if it is not redeemed at maturity?

1 bank wealth management products

The investment period of bank wealth management products ranges from several months to several years. After the general product expires, the funds will be automatically returned to the investor's account within a certain period of time, without the need for investors to manually redeem or sell.

Bank wealth management products can be roughly divided into two categories: closed wealth management products and open wealth management products. The redemption time of different product types is slightly different, generally about 2 working days, depending on how the product contract is agreed.

Note: Bank wealth management products also have the function of automatic deposit after expiration. The so-called automatic rollover means that after the product expires, the investment principal automatically enters the next financial cycle, and the principal cannot be withdrawn before the next financial cycle expires.

Some bank wealth management products will be automatically transferred by default, so it is best for investors to confirm the product redemption method with the bank staff before purchasing the products.

2. Internet financial products

The maturity redemption method of Internet wealth management products is similar to that of banks. Take Alipay's regular open management products for senior squad leaders as an example. There are two options for product redemption at maturity:

Method 1: Redeem after maturity. The wealth management funds will be automatically transferred to Alipay balance account or Yu 'ebao within 1 trading days after the product expires, and investors do not need to redeem it manually.

Method 2: automatic renewal. After the product expires, the funds will be automatically transferred to the next financing cycle.

During the product holding period, investors can freely change the redemption method at maturity, and the operation and modification before 15: 00 on the day before maturity are valid.

To sum up, if investors don't set up automatic renewal, the funds will be automatically received after the financial management expires, so there is no need to worry about the problem that they can't be redeemed when it expires.

The above content about how to redeem the wealth management when it expires, I hope it will help everyone. Warm reminder, financial management is risky and investment needs to be cautious.