UnionPay cards can directly withdraw Canadian dollars from ATMs in Canada.

It has become a habit for China people to apply for UnionPay cards. No matter where you are, you can use UnionPay cards to spend money. For many new immigrants in Canada, UnionPay cards can be used to directly withdraw Canadian dollars from ATMs all over Canada, which greatly facilitates the lives of new immigrants. Let's take a look at it with the overseas immigration network.

1. UnionPay cards have advantages in withdrawing money from ATMs in Canada.

Customers with UnionPay cards can withdraw cash from 85% ATMs in Canada, with an annual limit of RMB 654.38+10,000 per card. The exchange rate settlement method is to directly convert RMB into Canadian dollars, which avoids the loss of US dollar settlement.

Introducing RMB funds into Canada through this channel is not only convenient, but also low-cost. It is reported that ATM machines only charge a handling fee of 10 yuan for every 2000 Canadian dollars.

Step 2: Retreat steps

Take the ATM operation steps of CIBC as an example. ATM operation steps and charges of other institutions may be different, please pay attention to the screen prompts.

Step 1: Insert the card

Step 2: Choose a language. Recommend Chinese.

Step 3: Enter the six-digit ATM withdrawal password (? PIN？ ) and press? Okay？ key

Step 4: Select an account (check/savings/credit card) and a debit card. Savings?

Step 5: Select the amount. If the withdrawal amount is not on the screen, please select? Other amount? , enter the amount and press? Okay？ key

Step 6: Do you need a receipt? what's up

Step 7: Prompt for a service charge of $65,438 +0.5. Are you willing to accept and continue? Choice? what's up

Step 8: If the password is correct and the withdrawal amount does not exceed the upper limit, the machine will spit out the card first and then spit out the money.

3. Fees and withdrawal limits

According to the regulations of the national competent department, the daily cumulative cash withdrawal of each card shall not exceed the equivalent value of 10000 yuan. The upper limit of single withdrawal for each ATM varies from several hundred Canadian dollars to 1000 Canadian dollars, and withdrawals can be made by stages, as long as the accumulated amount does not exceed the daily limit.

Some domestic card-issuing banks may have restrictions on the amount of each withdrawal. Please consult the issuing bank for details.

Fees for overseas ATM withdrawal of various UnionPay debit cards

◆ China Bank's cash withdrawal fee is 65,438 yuan +05 per transaction.

◆ The withdrawal amount of China Industrial and Commercial Bank is 1%+ 12 RMB, with a minimum of 13 RMB and a maximum of 62 yuan RMB.

◆ Withdrawal amount of China Agricultural Bank 1%+ 12 yuan.

◆ Withdrawal amount of China Construction Bank 1%+ 12 yuan.

◆ Bank of Communications withdrawal amount 1%+ 12 yuan, the lowest 15 yuan.

◆ 0.5% of the withdrawal amount of China Merchants Bank, minimum 10 yuan.

◆ Shanghai Pudong Development Bank 18 RMB/transaction

◆ Huaxia Bank's daily 1 transaction is free, and every transaction in the future 12 yuan.

◆ China Everbright Bank 15 RMB/transaction.

◆ China CITIC Bank 15 RMB/transaction

◆ 0.5%+ 12 yuan of the withdrawal amount of China Postal Savings Bank, with the lowest 14 yuan and the highest 62 yuan.

◆ SDB 10 RMB/transaction

◆ Guangdong Development Bank 15 RMB/transaction

◆ Industrial Bank 16 RMB/transaction

◆ China Minsheng Bank 15 RMB/transaction.