Off the wire
• Premier Li stresses livelihood improvement at Boao Forum  • Chinese shares close lower Thursday  • Afghan forces seize Haqqani weapons cache near Kabul  • Venezuela warns of U.S. ambition to restore dominance in LatAm  • Aussie women warned amid confirmation of 14th case of Zika in Queensland  • Sri Lanka urges dialogue from int'l community to discuss terrorism following Brussels attacks  • Thai tourism to grow 12 pct during first half of 2015: industry insider  • Feature: When ancient Chinese "Warriors" meet modern Bogota again  • News Analysis: Abenomics tanking, tax hike flip-flop, public opposition to war moves could lead to snap election  • Sri Lankan navy arrests 3 Indian fishermen  
You are here: 　 Home

First cross-Strait bank card issued

Xinhua, March 24, 2016 Adjust font size:

A bank in east China's Fujian Province has issued the first cross-Strait debit card, in association with a Taiwan duty-free shop chain.

The debit card was unveiled on Wednesday at Xiamen Bank, a mainland bank with Taiwanese investment.

The card can be used in Taiwan with preferential treatment in duty-free outlets affiliated with Ever Rich D.F.S Corp., the bank's partner. Card holders can withdraw money from all ATMs in Taiwan without commission and are entitled to various business services.

More than 3.4 million trips were made from the mainland to Taiwan in 2015. Duty-free shops in Taiwan are among the most popular destinations.

Xiamen Bank was founded in 1996. In 2008, it became the first commercial bank on the mainland to draw Taiwanese capital, with Fubon Bank (Hong Kong) Ltd. as a strategic investor. Endit