The Full Wiki

JETCO: Wikis

  

Note: Many of our articles have direct quotes from sources you can cite, within the Wikipedia article! This article doesn't yet, but we're working on it! See more info or our list of citable articles.

Encyclopedia

From Wikipedia, the free encyclopedia

JETCO
銀通
Operating area Hong Kong and Macau
Members 36
ATMs Almost 1,700
Founded 1982

JETCO (traditional Chinese: 銀通) (full name: Joint Electronic Teller Services Limited, traditional Chinese: 銀聯通寶有限公司) is the biggest network of automatic teller machines in Hong Kong and Macau, with nearly 1,700 cash machines.

Contents

History

JETCO was founded by the Hong Kong Branch of the Bank of China (now Bank of China (Hong Kong)) in 1982 along with the Bank of East Asia, Chekiang First Bank, Shanghai Commercial Bank and Wing Lung Bank, and at present covers all banks in Hong Kong and Macau, except for HSBC and Hang Seng Bank, which uses a separate system known as ETC.

Use in Mainland China

JETCO connects with the UnionPay network in Mainland China: JETCO cardholders can withdraw RMB cash at UnionPay machines in a number of major cities in Mainland China, while UnionPay cardholders can withdraw HK$ cash (no more than HK$5,000 per day) at JETCO machines in Hong Kong. However, after 1 January 2006, JETCO cardholders can no longer withdraw cash at UnionPay ATMs in Mainland since JETCO and UnionPay could not reach an agreement. Bank of East Asia has now linked its mainland ATM machines to the JETCO network to allow users of the JETCO network to withdraw RMB cash on the mainland and mainland-based banks in Hong Kong have linked their ATMs in Hong Kong to the UnionPay network. Additionally, many banks in Hong Kong now issue UnionPay cards for mainland use.

Members

JETCO is the primary network of the following banks listed below:

Hong Kong

Macau

See also

External links








Got something to say? Make a comment.
Your name
Your email address
Message