China UnionPay (also known as UnionPay) is the world's largest bank card network. Customers can conduct various transactions within China and internationally through UnionPay. You can top up your KCM Trade trading account through UnionPay commission-free.
Here’s what you need to know about using China UnionPay:
Minimum Deposit: USD 420
Maximum Deposit: USD 6,800
Minimum Withdrawal: USD 100
Maximum Withdrawal: USD 1,000,000
Deposit and Withdrawal Processing Fee: Free
Deposit Processing Time: Average: up to 30 minutes
Withdrawal Processing Time: Average: up to 24 hours
Deposit with China UnionPay
•Select 中国银联 from the Deposit section of your CRM Area.
•Choose the trading account you would like to top up and the deposit amount, then click Continue.
•A transaction summary is presented; click Continue.
•Enter your bank card number, then click Pay.
•You will be redirected to a page where your bank card details must be entered. You must click Send Free SMS to receive a verification code (OTP) to your mobile phone. Enter the OTP and click Confirm and Pay once complete.
•A confirmation page will be displayed, and your deposit will begin to be processed.
Withdraw with China UnionPay
•Select 中国银联 in the Withdrawal section of your Personal Area.
•Choose the trading account you would like to withdraw funds from and the withdrawal amount, then click Continue.
•A summary of the transaction will be shown. Click Continue.
•On the next screen, please provide:
Bank name
Account number
Account name
•When done, click Continue.
•A confirmation page will inform you that the Withdrawal is in process.
