OREANDA-NEWS. May 11, 2012. Payment cardholders of UniCredit Bank, IBC member, can receive remittances using Fast Funds service. Visa Money Transfer Fast Funds is a system, which allows payment cardholders to transfer money from card to card, not only within the bank that issued the card, but also to send money to payment cards issued by other banks, reported the press-centre of UniCredit Bank.

UniCredit Bank supports this service as a recipient of remittances. To receive remittances through Fast Funds system a cardholder just need to provide the bank with the card number.

Fast Funds transfers are processed immediately. Remittee can receive transfer within 30 minutes after sending money in any country of the world. Cash withdrawal is available at any ATM or POS-terminal all over the world, accepting the cards of international payment system VISA International. Money transfer can be received at any time.

The Bank has set some restrictions on incoming Fast Funds transfers for payment cardholders. The maximum amount of remittances received is 5000 USD per day, and the maximum number of incoming transfers - 2 transfers.

The bank sending transfer can also limit the amounts of the transmitter and the number of transfers. Transmitter should specify the maximum amount of transfer, commission for bank transfer and other terms of banking service from the bank issued his Visa International payment card.