OREANDA-NEWS.  July 05, 2012. Agricultural Bank of China Limited(ABC) recently launched the Kins Huitong Card. This first stage launch, in branches in Jiangsu, Zhejiang, Jiangxi, Guangdong, Xinjiang and Shenzhen, is expected to roll out nationally, reported the press-centre of ABC.

Kins Huitong Card is a UnionPay standard debit card issued by ABC under Chinese government's guidelines that "the financial sector should serve the real economy" to promote rapid and healthy development of SMEs by reducing their capital operating costs.

This card provides packaged financial services to individual customers needing frequent settlement of funds, including professional market traders, individual business owners, private entrepreneurs, and shareholders of private enterprises. The service package covers leading settlement services such as money transfer, funds collection, and automatic transfer. Cardholders also benefit from a transaction fee discount, accelerated capital turnover, and higher operational efficiency.

Through its innovative service delivery model, the Kins Huitong Card provides cardholders with a series of preferential, convenient, and efficient financial services to help them cut down on money transfer costs, meet their settlement demands, and boost rapid and healthy development of private economy. This card enables holders to transfer money via counter, ATM, intelligent service terminals and online banking, thus meeting their demand for settlement anytime and anywhere. Moreover, the service fee for single inter-city transfer is as low as RMB1, a definite cost-saver for cardholders with high volume activity.

Under the "Customer Centered" service concept, the Kins Huitong Card is designed by ABC to constantly meet the demands of customers. Thanks to its considerate and convenient functions, the card is expected to become hugely popular with its target customers.