In the Russian Federation, an UniCredit Bank payment card may be used to make the following transactions:
- receipt of cash denominated in rubles for settlements related to the business activities of the company and to business trips made by employees within the Russian Federation
- non-cash ruble expenses related to sending employees on business trips within the Russian Federation
- non-cash payments in rubles in connection with the core business or the running of the company
- non-cash payments in rubles for entertainment expenses
Within the Russian Federation, UniCredit Bank payment card may be used for:
- non-cash payment in foreign currency for expenses related to sending employees on business trips abroad
- non-cash payment of entertainment expenses in foreign currency
- receipt of cash denominated in foreign currency for payment of costs related to sending employees on business trips abroad.
It is not allowed to use the card to receive cash denominated in foreign currency in the Russian Federation, for salary payment and other social payments, and for defraying the personal expenses of an individual cardholder.
The cards offered by UniCredit Bank are debit cards, i.e. they enable the holder to make transactions on the card within the limit of funds available on the card account. The card account is supplemented by transferring funds from the checking foreign currency account or settlement account of the client with the Bank. At the client’s request, the Bank can set a monthly limit on the card restricting the holder from spending funds over and above it. Interest on the balance of the card account is paid on a monthly basis at such rates as are set by the Bank.
Conversion transactions in settlements with cards are carried out:
- At the rate set by the Bank on the date when the amount of the transaction was recorded on the card account — if the transaction is entered into in the Russian Federation in a currency different from that of the card account
- At the payment system rate on the date of its clearing the transaction — if the transaction made outside the Russian Federation in currency different from U.S. dollars. If these transactions are subsequently converted into dollars on a ruble card account, conversion is carried out at the Bank’s rate for the day when the transaction was recorded on the card account