According to the requirements of the State Administration of Foreign Exchange, a cap on annual cash withdrawal overseas (including Hong Kong, Macao and Taiwan, the same applies hereinafter) is newly imposed for UnionPay RMB cards issued in mainland China, in addition to the currently cap requirement of ten thousand RMB equivalent on cash withdrawal per card per day.
From January 1st 2016 onwards, cumulative annual cash withdrawal overseas for each mainland China-issued UnionPay RMB card shall not exceed the equivalent of one hundred thousand RMB. From October 1st to December 31st 2015, the cap shall be the equivalent of fifty thousand RMB.
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