The Kingdom of Sweden is one Nordic country located in the Scandinavia Peninsula, neighboring Norway in the west, bordering on Finland in the northeast, and close to the Baltic Sea and the Kattegat Strait. Sweden is the largest country among five Nordic countries, covering an area of 449,000 km2, most of which are forest and mountain land. Sweden has a population of 8.33 million, and over 85% of the residents live in the southern and central part with developed industry and agriculture. 90% of its population is Swedish. The main religion here is Protestant, while Lord Church features in state religion, having followers accounting for about 90% of its population. The King is the supreme authority of Swedish church. Swedish is its national language, with English as a commercially universal language. Stockholm is the capital.
With extremely favorable social benefits, the living standard of Swedish is reputed as the second in the world. The national personal income is even much higher than that in Japan. Swedish wealth enables it to invest sufficient capital in education and medical treatment. Furthermore, in the aspect of public entertainment, a large quantity of capital is also invested. Thanks to the assiduity and great efforts of Swedish, the industrial output per capita ranks No. 3 in the world, with an individual annual income of USD 19,000 on average. Sweden is one of the countries with the highest individual income worldwide.
Sweden has many internationally far-famed brands, like Volvo cars, Saab cars and weapons, Ericsson Telecommunication, Electrolux Appliance, ABB, Hasselblad Camera, IKEA Furniture, and H&M Apparels, etc. Calculated based on the population proportion, Sweden is the country with most MNCs in the world.
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CUP Service Opening Time December 1st, 2009
Local CUP Service Hotline N/A
POS Card-Swiping Consumption
Scope of Application
All merchants labeled with “CUP” logo will accept CUP card. For partial merchants not labeled with “CUP” logo, the cardholder may actively present the CUP card to inquire the cashier whether it can be used.
Accepted Card Types and Relevant Operation
All bankcards bearing CUP logo
Warm tip: since credit card has certain consumption limit, with regard to large-amount consumption for luxury goods, etc., you are advised to use CUP debit card, the consumption with which is only limited by the account balance (excluding the situation with the limit for consumption line set by individual).
*Please enter the correct password upon card swiping if your card has a password. Otherwise please enter any 6-digit number.
Related Charges
The cardholder for consumption by swiping CUP card at the merchant will not be charged for any commission fee.
Compared with any other bankcard network, 1%-2% currency conversion fee will be exempted for cash withdrawal via CUP network. The amount of local currency withdrawn will be converted into RMB amount based on the market exchange rate, and timely credited into the cardholder’s RMB account by the issuing bank.
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