Russian Standard Bank made it possible for its clients to transfer money to UnionPay cards. Now it is easy and simple to send money to cards of UnionPay Payment System through Russian Standard Mobile bank or Internet bank.
The relevance of such service is especially high against the background of the active development of trade and friendship between Russia and China. Now, money can be transferred to UnionPay cards issued by foreign banks. A new convenient service for cross-border fund transfers to UnionPay cards is available to cardholders of any Issuing bank of any Payment System on the website of Russian Standard Bank and RS Express.
For Russian Standard Bank cardholders, the transfer is also available via the Mobile bank or Internet bank. It is enough to select the account from which the transfer is planned, fill in the recipient’s UnionPay card number, the amount and, finally, confirm the transfer. The fixed commission for sending funds to UnionPay cards is 1.5%. At the same time, from a ruble account, the minimum commission amount for one transfer will be 249 rubles, in US dollars – 4 $, in Euros – 3.5 €. The minimum transfer amount is 1500 rubles.
Xia Yu, head of UnionPay International Russian Branch, said: “Money Express is UnionPay International’s cross-border money transfer service that has been launched in 45 countries and regions, including the United States, Japan, Singapore, Australia, the United Kingdom and Russia. We are glad that more and more Russian banks are connecting to Money Express, allowing local customers to transfer funds to UnionPay cards conveniently, quickly and safely. ”
In its daily work, Russian Standard Bank focuses on expanding financial opportunities for its customers, constantly introducing new options and services. Soon, the bank plans to connect the transfer service to UnionPay cards issued by Russian banks in all remote service channels, as well as to UnionPay cards issued in Mainland of China.