RSHB will provide its customers with the opportunity to issue UnionPay cards without a commission for the issue

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AK&M 23 June 2022 12:55

New and existing clients of the Rosselkhoznadzor until August 31, 2022 can issue a UnionPay payment system card for free under the Ultra tariff plan when investing funds in investment products of the asset management company RSHB Asset Management or when transferring assets from another professional participant to trust management. This is stated in the bank's message.

At the same time, the amount of investment or the estimated value of the transferred assets for clients-residents of Moscow and the Moscow region should be at least 4 million rubles, for regional investors – from 3 million rubles.

Rosselkhoznadzor has been working with the Chinese payment system UnionPay International since 2015. The bank was one of the first to issue the "Mir" card-UnionPay, and since then it has been among the leaders of the Russian market in issuing such cards.

UnionPay International (UPI) is a subsidiary of ChinaUnionPay and is focused on growing and supporting UnionPay's global business outside of China. UPI provides the opportunity to use cards to pay for goods, services and withdraw cash in 180 countries around the world. UnionPay cards are issued in more than 70 countries.

RSHB Asset Management LLC is a universal management company providing a wide range of professional services in the field of trust management for retail, corporate and institutional clients. It is one of the TOP 5 leading management companies by net asset value of open and exchange-traded mutual funds under management.

JSC "Rosselkhoznadzor" (RSHB, TIN 7725114488) was formed in March 2000 to serve agricultural enterprises. Currently, the bank is one of the ten largest banks in the country. Rosselkhoznadzor ranks second in Russia in terms of the size of its branch network. Over 1.5 thousand branches operate in all regions of the country, including more than half in small towns and rural settlements. The bank has representative offices in Belarus, Kazakhstan, Tajikistan, Azerbaijan and Armenia.