The Philippines is a beautiful archipelago country with charming scenery. Here you can see coconut forests on the beach, volcanoes, water falls, and sea water shining under the white clouds, as well as beautiful lakes and mountains. The country is located in the tropical zone and boasts abundant resources and rich products with fruits and seafood come to the market all the year round. The Philippines is a multinational country. For historical reasons, it converges Western and Eastern customs and habits, which makes it extremely exotic. It is also the world‘s 3rd largest English-speaking country.
The Capital Manila has many historical interests. St. Agustin Church is primitive, simple and magnificent, while Malagana Palace is fresh and pretty, both of them are typical examples of Spanish architectural art. Other famous scenic spots include Banaue’s alpine terrace, Baguio where every season is as refreshing as autumn, and the famous historical city Cebu.The Philippines are made up of 7107 islands of various sizes. It has abundant natural resources, long history and charming and unique culture. The Philippines are full of attraction. Every island will give the visitors a new discovery and never makes them disappointed. Philippines’ major official languages are Pilipino and English.
Major scenic spots: Boracay: There is a 4 km long white beach which is called the “World’s Finest Beach”. Cebu: A beautiful and quiet small island, which is also a famous resort. Manila: Capital of the Philippines, with its most characteristic scenic spots concentrating in the city center.
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CUP service opening time: December 2005
Local CUP service hotline: N.A.
Using the Card in POS Terminals
Application Range
Merchants with the CUP logo all accept CUP cards. Some merchants may not have put up the CUP logo, but cardholders can show their CUP cards and inquire of the cashier whether or not they are accepted.
Merchant Characteristics
Special merchants of CUP in the Philippines are mainly shopping malls and brand stores popular with the tourists.
Accepted Cards
The situation varies based on different merchants. Some merchants accept all CUP cards, including dual logo cards. Cardholders can select the CUP network for consumption. Some merchants like the SM Center accept cards with only the CUP logo, so dual logo cards cannot be used in the CUP network.
Reminder: Cardholders are recommended to carry about and use cards with only the CUP logo to ensure the enjoyment of various favorable treatments by the CUP network. Due to the purchase limits for credit card consumption, it is recommended to use CUP debit cards for large luxury related transactions, as they are subject only to the limit of the balance of the card.
Relevant Charges
No commission fee charged for overseas card-using.
Compared to other bankcard networks, the 1%-2% currency conversion fee is exempted when withdrawing cash via the CUP network. CUP will convert the amount of local currency withdrawn into that of RMB, and the bank will deduct that amount from the cardholder’s RMB account accordingly.
ATM Cash Withdrawal
Application Range
Currently several thousand ATMs in Philippines accept cash withdrawals in local currency (Philippine Peso) with CUP cards.
CUP cards cannot be used for over the counter transfer and cash withdrawal while abroad.
Accepted Cards
Bank cards with the CUP logo, including cards with a dual logo.
Reminder: Cardholders are recommended to use the CUP debit card for cash withdrawal while abroad since overdraft interest will occur when using a credit card.
How to Identify ATMs that Accept Unionpay Cards?
The unionpay logo
The logos of UnionPay are as follows:
unionpay、china unionpay
Chinese Interface
ATMs that accept CUP cards do not have Chinese interface now except for those of the Citibank.
Cash Withdrawal Procedure
The card will be returned before cash is given.
Charges and Cash Withdrawal Limits
For ATM cash withdrawals with CUP cards while abroad, follow the stipulations set by relevant state authorities: The daily accumulative withdrawal amount of foreign currency per CUP debit card shall not exceed the equivalent of RMB 10,000. Please consult the issuing bank for the daily cash withdrawal limits of the CUP credit card.
Certain amount of commission fee will be charged by the issuing bank for cash withdrawal while abroad. Please consult the issuing bank for more details on specific rates, the times of cash withdrawal each day with a single card, withdrawal limit per time, accumulative cash withdrawal limit, etc.
As per the local regulations in Philippines, for ATM cash withdrawals with all the bankcards issued in other regions other than Philippines, local acquiring banks in Philippines will charge a certain amount of ATM service fee, which also apply for CUP cards.
Compared to other bankcard networks, the 1%-2% currency conversion fee is exempted when withdrawing cash via the CUP network. CUP will convert the amount of local currency withdrawn into that of RMB, and the bank will deduct that amount from the cardholder’s RMB account accordingly.
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