Creditcard 中文版 Hotline:95577 CreditCard Hotline:4006695577
Personal Banking > Hua Xia Debit Card > Hua Xia FX Card
Hua-Xia-FX-Card

Introduction


Hua Xia FX Card is multi-currency, multi-account and multi-functional Maestro International Debit Card issued by Hua Xia Bank and valid for 5 years. The card can be used for deposit/withdrawal of FX in different currency, FX remittance, trade of firm-bid FX, card-to-card transfer, overseas shopping, cash advance and pre-authorization at over 1 million Cirrus or Maestro ATM in 210 countries around the world, or pay for shopping at nearly 9.6 million Maestro member merchants around the world.
Note: This page is for reference only, part of the business to local outlets announcement with specific provisions prevail.

Function

I. In China
1.Deposit/Draw FX 
Initial minimum of USD 10 or equivalent in other currency. Draw/deposit cash in US dollar, Japanese Yen, HK dollar or Euro at intra-city Hua Xia outlets,only remittances for other currency.
2.Firm-bid FX trades
Through Hua Xia Internet Banking or Phone Banking (95577), available in 9 currency, trading hours: Monday 8:00 am till Saturday 4:00 am, also open during the three long holidays (May, October and Chinese New Year), except 2 weekend days (Saturdays and Sundays), no trading during holidays in international FX markets. Any changes in trading hours will be announced through Internet Banking, Phone Banking and Hua Xia Branches.
3.Phone Banking
Call local 95577 to report lost of your Hua Xia FX Card, check balances or details, inter-transfer between Hua Xia FX Card and Hua Xia card, change trading password (normal) and trade forex.
4.Internet Banking
Logon Hua Xia Bank Portal: http://www.hxb.com.cn to report lost of your Hua Xia FX Card, check balances or details, check details of overseas transactions, inter-transfer between Hua Xia FX Card and Hua Xia card, change trading password (normal), subscribe, check, modify and delete SMS alerts and trade forex.
5.Card-to-Card Transfer 
Transfer between Hua Xia FX Card and Hua Xia card can be freely made at Hua Xia counter, Internet Banking or Phone Banking, so long as they are under the same Customer No.
6.Multiple cards 
Holder of Principal Card can apply for many Supplementary Cards. Principal and Supplementary Card use the money in the same account.
7.SMS Alert
Once you leave down your mobile number during application, or subscribe SMS alerts via Internet Banking, Hua Xia Bank will keep you informed of the trading currency, amount and account balance by short messages.
8.Overseas Remittance (Outward/Inward Remittances)
Service available at Hua Xia outlets.
9.Open Time Deposit, Term Savings Deposit in foreign currency
By cash or through transfer.

II. Overseas
1.Spending
Use your Hua Xia FX Card to pay for your shopping at nearly 9.6 million Maestro member stores. 
2.Enquiry at ATM 
Check balances in Hua Xia FX Card at over 1 million Cirrus or Maestro ATM around the world.
3.Cash advance at ATM
Draw local currency by Hua Xia FX Card at over 1 million Cirrus or Maestro ATM around the world.
4.Pre-authorization 
Hua Xia system will automatically freeze an amount in your principal account once you apply for pre-authorization for overseas merchant. Merchant has to issue authorization within 20 minutes. Amount must be less than or equal to the amount pre-authorized. System will automatically process the amount and will cancel if no pre-authorization within the time specified.
5.Report loss while overseas
If you lost the card overseas, logon Hua Xia Bank Internet Banking or call the 95577, the.
service hotline of Hua Xia Bank in China to report the loss.

Note: This page is for reference only, part of the business to local outlets announcement with specific provisions prevail.

Features

1. Apply and get the Card at once
Use your ID document and apply in person at the Hua Xia outlet, fill in the application form, , no need to produce guarantee or go through our screening on your credit.
2. PIN and SMS Alert
Double protection on the money in the card, PIN entry during transactions and free SMS from Hua Xia Bank to keep you informed of any changes in the account of your card. 
3. Smart Trade in FX 
FX can be traded 24-hours through Hua Xia Internet Banking and Phone Banking. 9 trade currency currently available: US dollar, HK dollar, Japanese yen, Euro dollar, Sterling pound, Singapore dollar, Australian dollar, Swiss franc and Canadian dollar. 
4. Flexible interest income
Interest accrued on the forex held in the card varies according to deposit period.
5. Favorable exchange rate 
Special rate for conversion of your overseas shopping to USD, instead of using FX cash to convert. 
6. Multiple cards 
Holder of Principal Card can apply for many Supplementary Cards. No restrictions on the location between Principal and Supplementary Card. Your relatives thousands miles away can spend the money in the same account; in particular, parents can control the expenses of their children studying overseas. 
7. No annual fee, earn points 
No annual fee during promotion period, free gifts during marketing activities organized by Hua Xia Branches.
Note: This page is for reference only, part of the business to local outlets announcement with specific provisions prevail.

Fee Schedule – Classic Card

MasterCard has revised their international fee schedule as from April 2006. Cross-borders transfer fee is included in the new schedule. Hence, from July 17 2006, in addition to the 3 dollars (US) for each cash withdrawal at all ATM in USA, a cross-border fee of 0.8% of the amount drawn is charged. See the revised Fee Schedule – Hua Xia FX Card (below)

Item

Fee

Annual Fee

Free (currently)

New card, replace, renew

Free (currently)

Cancel in less than three months

RMB 10 each cancellation

Report loss of the card

Report loss at Hua Xia counter: RMB 10 each time
Report loss through Phone Banking, Internet Banking and through Hua Xia Customer Representative: RMB 10 each time
Cancel report of loss, replace card, cancel card: additional RMB 10 each time for report of of loss

Enquiry at overseas ATM (include at ATM in Chinaaccepting enquiry using FX Card )

USD 0.5 each enquiry

Draw cash at overseas ATM (include at ATM in Chinaaccepting cash withdrawal using FX Card )

USD 3 each withdrawal. Draw cash in USA must follow Card Association Rules, additional 0.8% of the cash drawn as cross-border fee

Chargeback, re- presentment

Standard


Note: This page is for reference only, part of the business to local outlets announcement with specific provisions prevail.

Notes-1

1. Special Information 
When you apply for Hua Xia FX Card, you have to write down special information in the application form in case confirmation is needed when reporting loss of the card overseas. At least one item must be filled. Otherwise, you are responsible for all consequences if you cannot report loss of your FX card while overseas.

2. Enrollment
While applying for a new Hua Xia FX card, holder of Principal Card should also “enroll” to get a customer No. and leave a password. The customer No. and password must be used together for using the services available through Internet Banking or Phone Banking or make any transfer between FX Card and Hua Xia card.
You have to “enroll FX Trading” after signing up FX Trading Services.

3. Options 
After you get a new Hua Xia FX card, services available are: Personal Internet Banking, Phone Banking, overseas spending, overseas ATM cash advance and enquiry; forex trading is optional.

4. Password
Three passwords in a Hua Xia FX card: transaction password, customer No. password and enquiry password. Transaction password is used at the Hua Xia counter, Phone Banking and overseas transaction. Customer No. password is used in Internet Banking (enrollment edition) and online transactions (certificate edition). Enquiry password is used in Internet Banking (General edition).

After enrollment, customer No. password will be automatically set to be same as transaction password. Normal change on customer No. password can be done through Hua Xia Personal Internet Banking. Normal change on transaction password can be done through Phone Banking (95577). Set-up and change of enquiry password can also be done through Phone Banking 95577. Customer No password and transaction passwords can be changed at the Hua Xia bank counter( include normal change and mandatory change).

Individual applying for Hua Xia FX Card should set a 6-digit password not easily to be cracked. According to regulatory rules, card account will be locked if password is entered wrongly for consecutive three times in a day. Locked accounts can only be released at Hua Xia outlets. Hua Xia FX cards applied in batch will have password packed in an envelope for each customer. Customer No. password will be locked if entered wrongly for consecutive three times in a day, but automatically recovered on the next day.

5. Check Account
At Hua Xia counter, Phone Banking or Internet Banking, you can check balances and transaction details, or check account balances at overseas ATM. If any disagreement on the transaction, submit written dispute to the card issuing branch within 40 days.

6. Report loss of the card in China 
If you lost the card in China, call the local 95577 (Phone Banking) or logon Internet Banking to report the loss yourself (taken as in written) or report in written at Hua Xia outlet in your city. Replace a new card at any Hua Xia outlet immediately. No need to wait after making the report,. If you forget Customer No. and password, call the local 95577 and ask our Customer Representative to help you report by yourself.

7. Report loss of the card while overseas
If you lost the card overseas, logon Hua Xia Bank Internet Banking or call the local Phone Banking 95577 of the Hua Xia Branch in China where the card is issued to report the loss yourself,

8. Cancel Card/Close account 
Card can be cancelled with the card or without the card
Cancel all the accounts in the card first before cancellation. Cancel at any Hua Xia outlets in your city with document to verify your identity. Before closing account, you can choose to draw cash, remit the balances or transfer to Hua Xia card or new passbook. Only holder of Principal Card can close.

9. Limit for overseas cash advance 
State Administration of Foreign Exchange rules that, in the case of international card issued by Chinese banks, limit must be set for overseas cash advance under merchant category code: 6010 (draw cash at bank counter) and 6011 (draw cash at ATM). Cumulative cash advance for each card (Principal and Supplementary) is USD 1,000 or equivalent (maxi) in a day, USD 5,000 or equivalent (maxi) in a month, USD 10, 000 or equivalent (maxi) in six months.

10. Limit for overseas spending 
State Administration of Foreign Exchange rules that international card issued by Chinese banks are totally banned from use under merchant category 14 (casino, quasi-cash). Single transaction is USD 5,000 or equivalent (maxi) under merchant category 65 (overseas charity organization, social services).
Call 95577 or click www.hxb.com.cn for details.

Note: This page is for reference only, part of the business to local outlets announcement with specific provisions prevail.

Notes-2

Sign up Forex Trading 
With document to verify your identity, deposit a sum of FX cash or transfer the FX TT (include remittance from overseas) into Hua Xia FX Card, at Hua Xia counter fill in Hua Xia Bank FX Firm-Bid Trades Service Agreement and Hua Xia Bank FX Firm-Bid Trades Risk Disclosure, enroll Personal Internet Banking and sign up FX Trading Services. Hua Xia Bank will give you a Customer No. and you supply a password. Now you are ready to trade FX through Internet Banking or Phone Banking.

Dealing options

Four Ways:

Spot trade: At the request of the customer, close the order immediately at the Hua Xia quote currently in force. Closing exchange rate is real-time rate that Hua Xia Bank used to close the order, or settlement rate.

Limit order: Sell FX when Hua Xia quote reaches or above the price specified by you. Buy the FX when Hua Xia quote reaches or below the price specified by you. Closing exchange rate is the real-time rate that Hua Xia Bank used to close the order, or settlement rate.

Stop-loss order: Sell FX once Hua Xia quote reaches or falls below first time the price specified by you. Closing exchange rate is real-time rate that Hua Xia Bank used to close the order, or settlement rate.

One-Cancels-Other Order(OCO): A designation for two orders: quotation order and stop loss. OCO order has quotation price and stop-loss price both set in advance: Once Hua Xia quote reaches or better than the price specified by you (quotation/stop-loss), close the order either by (quotation /stop-loss) price. Closing exchange rate is real-time rate that Hua Xia Bank used to close the order, or settlement rate. The other way (stop-loss/quotation) to close the order will be cancelled.

Exchange Rate and Class 
36 exchange rates (currency pairs) are available, 8 are benchmark rates (currency pairs), 28 are cross-rates (currency pairs). Exact pip spreads refers to the rules of local Banking Association. Further, Hua Xia Bank sets up five classes (see below) according to the closing amount (or equivalent in USD) of one single trade.

Class

Trading Amount (or equivalent in USD)

I

Between 10 and 2,000

II

Between 2,000 (inclusive) and 20,000

III

Between 20,000 (inclusive) and 50,000

IV

Between 50,000 (inclusive) and 100,000

V

Between 100,000 (inclusive) and 1,000,000 (inclusive)

Notes:

1. Trading Amount: Minimum FX in one single trade is an amount equivalent to USD 10 (converted at the rate of Hua Xia real-time quote), while maximum is an amount equivalent to USD one million.

2. Transaction Fee: None.

3. You must follow Hua Xia rules when trading online or through phone. Know the steps. You are liablefor all loss arising from operation error.

4. Hua Xia FX firm-bid trades are cleared in T+0 days. Once you close an order, Hua Xia computer system will settle the amount at once automatically. In other words, same FX can be used to trade many times in a day.

Trading Hours of major FX markets in the world (Beijing Time)

Region

City

Opening Hours

Closing Hours

Australasia

Sydney

7:00

15:00

Asia

Tokyo

8:00

16:00

Hong Kong

9:00

17:00

Singapore

9:00

17:00

Bahrein

14:00

22:00

Europe

Frankfurt

16:00

0:00

Zurich

16:00

0:00

Paris

17:00

1:00

London

18:00

2:00

North America

New York

20:00

4:00

Los Angeles

21:00

5:00

Customer Service Hotline: 95577 (in China); 8621- 38839888 (Overseas)
Note: This page is for reference only, part of the business to local outlets announcement with specific provisions prevail.

Awards

I: "2004 Best International Debit Card" from MasterCard International 

II: "2005 Asia Pacific Sales & Marketing Leader (Silver Medal)" from MasterCard International

III:"2005 Best International Debit Card Promotion" from MasterCard International
   

IV: “Win FX at Hua Xia Bank” was one of the winners in the Banker’s “China Financial Marketing Awards” for the year 2008.

Note: This page is for reference only, part of the business to local outlets announcement with specific provisions prevail.

Promotional Programs

Sep 22, 2004- "Hua Xia FX Card Launch Ceremony" held in Shanghai Pudong Jinmao Tower.

Oct 1, 2004 – First "Hua Xia FX Card Overseas Tour" (8 days) departed on the National October holiday.

Sep 22, 2004 – July 31, 2006 - "Hua Xia FX Card Dream Holidays" came with three promotional packages: "New Card, New Gift", "Dream Holidays" and "Three Prizes in-a-row".

Sep 30, 2005-Oct 30,2005 –“Win FX at Hua Xia Bank” - the first competition on Hua Xia FX Simulation..

Nov 15, 2005 – Award ceremony of "First Competition on Hua Xia FX Simulation" and opening ceremony of "First Hua Xia FX Competition", in Beijing.

Nov 15, 2005 – Feb 15, 2006 - "Win FX at Hua Xia Bank - First Hua Xia FX Competition " nationwide.

Apr 10, 2006 – Aug 12, 2006 –" Win FX at Hua Xia Bank - Second Hua Xia FX Competition" running for 4 months.

Sep 18, 2006 – Mar 17, 2007 - " Win FX at Hua Xia Bank - Third Hua Xia FX Competition" running for 6 months.

April 02, 2006 – Dec 28, 2007 - " Win FX at Hua Xia Bank - Fourth Hua Xia FX Competition" running for 9 months.

Jan 28, 2006 –Dec 28, 2007 - " Win FX at Hua Xia Bank - Fifth Hua Xia FX Competition" running for 11 months.

February 25, 2009 – Dec 24, 2009 - " Win FX at Hua Xia Bank - Sixth Hua Xia FX Competition" running for 10 months.

June 15, 2009 – September 15, 2009 – “Trade FX in Summer, Protect the environment”.

October 22, 2009 – April 22, 2010 – “Trade FX at Hua Xia” activity.

January 1, 2010 – Dec 31, 2010 - " Win FX at Hua Xia Bank - Seventh Hua Xia FX Competition" running for 12 months.

Free FX information service for Hux Xia traders by Mr. Li Jun, a FX critics renowned in China and invited by Hua Xia Bank as the “FX Financial Planning Expert.

Seminar on trading forex around the country by Li Jun, An Di, Guo Hui, well-known speakers in the field.

October 22, 2009, “Win FX at Hua Xia Bank”, first speaker group established in the country under a bank, offering FX news and services to Hua Xia traders all year round.

Note: This page is for reference only, part of the business to local outlets announcement with specific provisions prevail.

Operation Flow – Phone Banking

Note: This page is for reference only, part of the business to local outlets announcement with specific provisions prevail.

Operation Flow – Internet Banking

Note: This page is for reference only, part of the business to local outlets announcement with specific provisions prevail.