Redeem the UnionPay identification card as soon as possible.
China UnionPay said that RMB cards with the logo of UnionPay issued by mainland banks can be used in South Korea, Thailand and Singapore. In order to realize the overseas use of RMB cards and facilitate shopping, catering and other tourism consumption. Cardholders who do not have UnionPay cards should apply for renewal at the issuing bank as soon as possible.
In 2004, 75 banking financial institutions in China began to accept UnionPay cards in Hongkong and Macau. After the acceptance and opening of UnionPay cards in Korea, Thailand and Singapore, priority can be given to the use of UnionPay cards issued by the above banks. At present, other banks are also making preparations and are expected to open one after another in the near future.
Overseas credit cards have no exchange rate risk.
When cardholders use UnionPay cards in Korea, Thailand and Singapore, they use local currency (Korean won, Thai baht or Singapore dollar) for cash withdrawal and consumption. After the withdrawal and consumption are completed, China UnionPay will convert the amount into RMB according to the market exchange rate on the transaction day and provide it to the mainland card-issuing bank, which will deduct the cardholder's account balance immediately, so there is no exchange rate risk for the cardholder.
No matter what kind of card, you should reserve your signature on the back.
The procedures and operations for cardholders to use UnionPay cards in Korea, Thailand and Singapore are basically the same as those in China. When using POS to swipe a card, the cardholder needs to enter the card password. If you don't have a password, press confirm directly. Whether it is a debit card or a credit card, the cardholder must reserve his signature on the back of the card for the cashier to check when signing the consumption bill. Take care of the card properly, and beware of password leakage when using the card at ATM.
Only ATM machines have to pay a handling fee to withdraw money.
Cardholders do not need to pay any formalities when using their credit cards in UnionPay card merchants in Korea, Thailand and Singapore. Only by ATM can the cardholder pay a certain handling fee, and the specific charging standard will be decided by the issuing bank. Compared with other brands of cards, the use cost of UnionPay cards will be lower.
Each card can only withdraw the equivalent of RMB 5000 per day at most.
According to the relevant regulations of the People's Bank of China and the State Administration of Foreign Exchange, the use of RMB UnionPay cards abroad is limited to the consumption expenditure and small cash withdrawal under current items such as shopping, catering, accommodation, transportation and medical care. When withdrawing cash from overseas ATMs of UnionPay cards, the daily accumulated amount of each card shall not exceed the equivalent of RMB 5,000. You can't withdraw cash through overseas bank counters or through merchant POS machines.
What should I do if I lose my card, swallow my card or deduct my account without spitting money?
China UnionPay reminds cardholders that once they lose their cards abroad, please call the local customer service hotline or directly call the mainland card-issuing bank to report the loss orally, and then go through the relevant written procedures after returning to the mainland.
Please bring valid certificates (passport or resident ID card, etc.) after the ATM machine is swallowed due to failure, operational error or forgetting to take the card. ) and go to the branch where the ATM machine swallows the card within 3 days from the next day (postponed in case of holidays); If you don't go through the card collection procedures within this time period, the local bank will destroy the card after swallowing it for three days, and the cardholder needs to apply for a replacement card after returning to the mainland. However, if there is no signature on the card signature strip, it is not convenient to confirm the identity of the cardholder, and it will also encounter obstacles in retrieving the swallowed card locally.
Generally, it is rare that the account is deducted, but the ATM does not spit money or the account funds are overcharged during consumption. If it happens unfortunately, the cardholder can call the local customer service hotline or apply to the issuing bank for account error handling after returning to the Mainland, and China UnionPay will assist the issuing bank in the Mainland to inquire and handle the account error. If the complaint business is accepted, the cardholder can directly complain to the mainland card-issuing bank.
In addition, cardholders can consult more information through the service hotline of the issuing bank or the service hotline of China UnionPay 955 16.