UnionPay Debit Cards
UnionPay debit card is a debit card from your current account that could be used for cash withdrawal and payments of purchases from all over the world via the UnionPay International network.
Service Features:
- It's globally accepted via international network.
- A convenient way to pay purchases through POS’s.
- Flexibility in multiple currencies (you can withdrawal in any currency even if your card is linked to a different currency).
- Reduced commissions compared with the commissions of other cards as well as free withdrawals from CAC Bank ATMs.
- High safety due to the picture and signature of customer on the card as well as the secret code.
- The customers can withdraw money from ATMs of linked to UnionPay international network.
- The customers have the right to apply for an additional card on the same account for any family member.
- Suitable for all segments of society and has many advantages.
- Cardholder is considered as a member of UnionPay International.
- There is a design for men and a special design for women.
Terms and documents required to obtain the service:
- You should maintain a current in YER or USD account.
- Providing the original personal ID card (valid electronic ID card or passport for foreigners).
- Filling and signing in the application form.
- Providing 2 personal 4x6 photos.
- Card issuance fee is only YER 1,000.
UnionPay Credit Card
UnionPay Credit cards grants the customer a revolving credit facility, to be used for cash withdrawals and purchases inside Yemen, and worldwide through the UnionPay International network, without the need of any balance in the customer's account.
Service Features:
- It's globally accepted via international network.
- A convenient way to pay purchases through POS’s.
- Flexibility in multiple currencies (you can withdraw in any currency even if your card is linked to a different currency).
- Since it is a Credit Card we offer urgent cash advances.
- Flexible payments, with convenient monthly installments.
- Reduced commissions compared with the commissions of other cards.
- High safety due to the picture and signature of customer on the card as well as the secret code.
- Customers can withdraw money from any ATMs linked to UnionPay international network.
- Cardholder is considered as a member of UnionPay International.
Terms and Documents Required to Obtain the Service:
- You should maintain a current account in YER or USD.
- Providing the original personal ID card (valid electronic ID or passport for foreigner).
- Filling and signing in the application form.
- Providing 2 personal 4x6 photos.
- Card issuance fees is only YER 1,000.
- Providing a 100% cash collateral against the credit facility granted to the customer.
FAQs
The China's International Union pay network (UPI) is a pioneering network in the field of payments and banking solutions, owning the widest network in the world especially in East Asia. CAC Bank is considered the first bank in Yemen issuing and accepting Union Pay cards.
Yes, and in addition, Union Pay cards has also lower commissions compared to other international cards.
Yes, but currently the service is not active yet and will be activated soon.
Yes, you can link your UnionPay card to your current or saving account.
Yes, you can withdraw with any currency, according to the policy of the country and the bank in which the client is withdrawing from.
The customer must notify the bank immediately about the blocked transaction by calling: 009678003033
Or Directly on: 009671250009 Ext. 444
Or send a signed letter to customer service by fax: 009671232941
According to the current circumstances, the commissions applied to withdrawal via UnionPay Cards is 30%, due to the difference in ex-rates compared with the official rate.
The cash collateral percentage to obtain a UnionPay Credit Card is currently between 100 % - 120 % according to customers’ account transactions.
Yes, there is a daily limit for purchasing through UnionPay Cards which vary from customer to another, depending on the customers’ capabilities and his transactions; you can raise the limit by visiting any of CAC Bank branches.
