21 December 2022 09:12

From December 14, 2022, funds can be credited to UnionPay cards

Starting from December 14, 2022, funds can be credited to UnionPay cards issued by
Chinese banks under the Money transfer system “Zolotaya Korona”.
In order to receive transfers to a UnionPay card, a Recipient must activate the service
(receiving cross-border transfers) in his bank.
The currency of transfer (receipt) is US dollars (USD). The currency of transfer (receipt)
is US dollars (USD). The amount of such Transfer shall be credited to the Recipient’s
bank account in the currency of the Recipient’s account.
The commission from the Payer for sending a transfer is 1% (One percent) of the
transfer amount, but not more than 30 US dollars.