What is the usual timeframe for a withdrawal from CMF to reach a bank account or e-wallet?
Based on my experience with brokers that operate under regulations similar to CMF’s, the withdrawal process is an important consideration, especially when managing active positions or larger balances. According to the information I’ve reviewed, CMF allows withdrawals through a Futures to Bank transfer system. For me, the standout detail is that withdrawals have both a daily maximum (3 million RMB) and a restriction on the number of withdrawals (up to three per day), which is typical of brokers operating in this jurisdiction and underscores the emphasis on regulatory compliance and risk management. While CMF does not specify exact processing times in hours or days, in my own practice with regulated Chinese futures brokers, withdrawal requests made during business hours on trading days are usually processed within the same day or by the next business day, depending on bank procedures and cutoff times. Delays can sometimes occur, often due to additional bank verification, regulatory checks, or high transaction volumes, and I would always recommend allowing for up to two business days in planning, just to be conservative. It’s important for me to verify directly with customer service in advance if timing is critical, as e-wallet withdrawals were not listed and the available channels appear to be traditional banking methods only. Prudence dictates always confirming the latest procedures and any possible changes in limits or delays, as policies can evolve over time.