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FCI: ICBC extends operating hours and redemptions to non-business days for one of its funds

FCI: ICBC extends operating hours and redemptions to non-business days for one of its funds
February 26, 2024 – 17:43

The ICBC bank will allow money rescues to be carried out on Saturdays, Sundays and holidays from 6:30 a.m. to 9:00 p.m. with immediate accreditation.

The ICBC bank will allow money rescues to be carried out on Saturdays, Sundays and holidays from 6:30 a.m. to 9:00 p.m. with immediate accreditation.

Courtesy: More investments

ICBC Argentina announced this Monday two new developments that apply to the fund ALPHA Pesos. The bank It expands the fund’s operating hours and opens the possibility of making redemptions on non-business days.

The time extension is only for the Alpha Pesos fund expanding the fund’s operating range, so the new full operating hours are 6:30 a.m. to 7:00 p.m. This applies both to subscriptions like ransoms and for the moment It is only intended for human persons. The channels to do this are Access Banking and Mobile Banking.

In addition, ICBC will allow money rescues to be carried out Saturdays, Sundays and holidays from 6:30 a.m. to 9:00 p.m. with immediate accreditation. This applies only to humans and the available channels are also Access Banking and Mobile Banking.

ICBC: what the Alpha Pesos Fund is like

It is a fund in pesos that provides immediate liquidity and invests mainly in very short-term assets of the financial system.

It is an option low risk conservativesuitable for those They prioritize liquidity and seek to keep their savings moving.

Source: Ambito

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