Liechtenstein – Small yet Rich Country
The country is so small on the map that five Chinese characters cannot be accommodated thereon, yet it is well-known for the beautiful scenery of Alps, tax heaven and high-level living standard. The crime rate here can be neglected, and no armed force is needed. Postage stamps here are well famous, ranking to be an important source of national fiscal revenue. In addition, you can rent the whole country for one night if spending 70,000 USD. Why not take your UnionPay card (card number starting with 62) to have more understanding of the small yet rich country？
POS acceptanceMerchants with the signage of all accept UnionPay cards, mainly are department stores, jewelry and clock stores, brand stores, hotels, duty free shops in major airports and most merchants in Bicester Village. Since that some of the merchants have yet to put up the UnionPay signage, cardholders may show their UnionPay cards upon the till and inquire about UnionPay aceptance.
When using co-branded cards, you are advised to choose UnionPay as the routing option to be benefited from the special offers and services provided by UnionPay.Note：Some UnionPay card acceptors or acquirers route co-branded cards to corresponding card shcem according to the card BIN, which means co-branded cards transactions aren't routed to UnionPay without selection by cardholders and merchant cashiers. Please refer to the transaction results for the information about transaction routing.
In Liechtenstein, most ATMs accept UnionPay cards for withdrawing Swiss Franc. There are the signage of on these ATMs or the ATM screen.
Please refer to the latest government policy on overseas cash withdrawal via UnionPay cards at "Help Center-Card-using Instructions-Refined Card-using Tips". Daily cash withdrawal limit from respective issuers and/or ATM may apply. Please consult your issuer on the possible cap on the amount. You may split your withdrawals into several times which comply with the limit(s).
ChargesNo conversion fee is applied to payments or cash withdrawal made by UnionPay cards or via UnionPay network. The transaction value in local currency will be directly converted to RMB based on the market exchange rate.
ATM commission fee consists of two separate fees:
(1) Service fee charged by the issuer: please consult your issuer for details.
(2) Service fee charged by the ATM acquirer in Liechtenstein: some ATMs will charge commission fee, which is charged by the local banks in Liechtenstein and which has nothing to do with UnionPay or the issuer.
Cash withdrawal via debit card results in a lower commission fee.
TipsSelect PINs that cannot be easily guessed by anyone.
Never disclose your PIN to anyone who claims to represent the bank or the police.
Be alert to your surroundings before conducting any banking transactions.
Keep a close eye on your credit card during transaction to avoid any illegal activities.
If your UnionPay card has been stolen/lost, please inform the issuer immediately.
Code Of ConductIn 2015, the Interchange Fee Regulation (EU/2015/751) (“IFR”) came into force in EU, requiring a separation between card schemes and processing entities in terms of accounting, organization and decision-making processes. Such IFR applies to card-based payment transactions carried out within EU, where both the payer's payment service provider and the payee's payment service provider are located therein.UnionPay therefore comes up with this code of conduct to help UnionPay staff understand the requirements of the IFR and provide guidance for such staff to be fully compliant as it relates to such aforementioned transactions only.This Code of Conduct will take effect on February 7, 2018. If there are questions or concerns about this Code of Conduct, please feel free to contact UnionPay Legal and Compliance Section at Legalteam@unionpayintl.com.For more information about it, please check here.