What? Can't I go to Hong Kong to buy insurance with a credit card in the future?
Subsequently, UnionPay came forward to "refute rumors" and issued two statements to clarify that it was not completely suspended, but reiterated that UnionPay cards can only be used for current account insurance related to tourism consumption such as accidents and diseases, and cannot buy life insurance with the nature of capital project investment, and strictly enforce the foreign exchange policy that a single transaction of overseas insurance merchants should not exceed 5,000 US dollars or other equivalent foreign currencies.
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