Russian Standard Bank customers can now transfer money to UnionPay payment system cards


MOSCOW, December 21, 2021 / PRNewswire / – Russian Standard Bank has enabled its customers to transfer money to UnionPay cards. Now it is easy and straightforward to send money to UnionPay payment system cards through Russian standard mobile banking or Internet banking.

The relevance of such a service is especially high in the context 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 convenient new 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 through mobile banking or internet banking. All you have to do is select the account from which the transfer is to be made, enter the recipient’s UnionPay card number, the amount and, finally, validate the transfer. The fixed commission for sending funds to UnionPay cards is 1.5%. At the same time, from an account in rubles, the minimum amount of commission for a transfer will be 249 rubles, in US dollars – $ 4, in euros – 3.5 €. The minimum transfer amount is 1,500 rubles.

Xia yu, head of the Russian branch of UnionPay International, said: “Money Express is UnionPay International’s cross-border money transfer service that has been launched in 45 countries and regions, including United States, Japan, Singapore, Australia, the UK and Russia. We are happy that more and more Russian banks are connecting to Money Express, allowing local customers to transfer funds to UnionPay cards conveniently, quickly and securely. “

In its daily work, Russian Standard Bank focuses on expanding financial opportunities for its clients, 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 UnionPay cards issued on the mainland of China.

About UnionPay International

UnionPay International (UPI), founded in 2002, is focused on growing and supporting UnionPay’s global business. In partnership with more than 2,400 institutions around the world, UnionPay International has enabled card acceptance in 180 countries and regions with issuance in 70 countries and regions. In Russia, UnionPay’s acceptance coverage is 95%. Over 1.6 million point-of-sale terminals support UnionPay QuickPass payment technology and over 4 million UnionPay cards have been issued.

About Russian Standard Bank

JSC “Bank Russian Standard” was founded in 1999 by one of the largest Russian entrepreneurs – Rustam Tariko. General License of the Bank of Russia No. 2289 was issued for an indefinite period on November 19, 2014. Russian Standard is one of the leaders in the banking sector with many years of experience. He became a pioneer of the main types of banking services in Russia: It was the first to introduce point-of-sale loans, credit cards and provided access to the best services in the world. For the first time, the bank offered flat rate products – “The bank in your pocket”.

Russian Standard is a member of the Fintech Association. It focuses on the development of innovative financial services. Its acquisition network is one of the largest in the country. It was among the first to offer the possibility of providing Internet acquisition services. Detailed information about the bank is available on the official website –

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SOURCE UnionPay International


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