In most cases, the money you withdraw from Mintos Smart Cash should be available in your Mintos account on the same day.
However, there could be situations where the money arrives in your account on the next business day. The reason for this is that withdrawals constitute sell orders for money market fund shares. And if the settlement with the fund takes longer, your money might not be available the same day.
In a distressed market situation, the fund may limit or stop trading of its shares or charge a withdrawal fee as described in the fund’s prospectus. A distressed market could be caused by a global economic or financial crisis, a pandemic, or other major events outside the control of market participants.