When using an ATM card to withdraw money, both UnionPay and EPS will deduct money from the account.

Respectively, when using UnionPay to withdraw money online, such as BOC ATM card in HSBC When withdrawing money from a bank ATM,

A handling fee will be deducted! That’s right, when withdrawing money with an ATM card, both UnionPay and EPS will deduct the money from your account

Benefits of UnionPay You can directly deduct the money from your HK account when buying wild goods back to the mainland. Of course, you have to match the exchange rate

Most of the mainland people have UnionPay. If you see mainlanders buying wild goods in HK, they use UnionPay. You know

If you have a UnionPay credit card, it will be convenient for you to buy cards in Mainland China, because those cards in Mainland China may not accept VISA.

However, Hong Kong only accepts EPS. Merchant E also accepts UnionPay credit cards, but VISA does not.

If you have a UnionPay card and contact HSBC, go to HSBC to withdraw money. If you use it to other banks, you will be charged a handling fee, which is the case in mainland China.

To put it simply, if you don’t return to the mainland, just use it as EPS. ,