JETCO (), officially Joint Electronic Teller Services Limited () is a network of

automatic teller machine An automated teller machine (ATM) or cash machine (in British English) is an electronic telecommunications device that enables customers of financial institutions to perform financial transactions, such as cash withdrawals, deposits, fund ...

s in

Hong Kong Hong Kong ( (US) or (UK); , ), officially the Hong Kong Special Administrative Region of the People's Republic of China ( abbr. Hong Kong SAR or HKSAR), is a city and special administrative region of China on the eastern Pearl River Delt ...

and

Macau Macau or Macao (; ; ; ), officially the Macao Special Administrative Region of the People's Republic of China (MSAR), is a city and special administrative region of China in the western Pearl River Delta by the South China Sea. With a pop ...

History

JETCO was founded by the Hong Kong Branch of the

Bank of China The Bank of China (BOC; ) is a Chinese majority state-owned commercial bank headquartered in Beijing and the fourth largest bank in the world. The Bank of China was founded in 1912 by the Republican government as China's central bank, repl ...

(now

Bank of China (Hong Kong) Bank of China (Hong Kong) Limited () also known as its short name Bank of China (Hong Kong) or BOCHK (), is a subsidiary of the Bank of China (via a Hong Kong-listed intermediate holding company BOC Hong Kong (Holdings)). Bank of China (Hong K ...

) in 1982 along with the

Bank of East Asia The Bank of East Asia Limited, often abbreviated to BEA, is a Hong Kong banking and financial services company, headquartered in Central, Hong Kong. It is currently the largest independent local Hong Kong bank, and one of two remaining family ...

Chekiang First Bank Chekiang First Bank was a bank in Hong Kong incorporated in 1950 by Li Ming (banker), Li Ming. It is now merged to Wing Hang Bank. At the time of the merger with Wing Hang, Chekiang First Bank had 17 branches in Hong Kong, a wholly owned subsid ...

Shanghai Commercial Bank The Shanghai Commercial Bank (SCB; Chinese: 上海商業銀行) is an international bank based in Hong Kong. Its subsidiary companies offer banking and financial services across the world, but mainly in China, the United Kingdom, and the United S ...

and

Wing Lung Bank CMB Wing Lung Bank () (former stock no: ) is a bank based in Hong Kong. As of December 2018, the Bank has 35 branches in Hong Kong, 4 branches in Mainland China, 1 branch in Macau and 2 overseas branches, located respectively in Los Angeles and Sa ...

, and at present covers all banks in Hong Kong and Macau, except for

HSBC HSBC Holdings plc is a British multinational universal bank and financial services holding company. It is the largest bank in Europe by total assets ahead of BNP Paribas, with US$2.953 trillion as of December 2021. In 2021, HSBC had $10.8 tri ...

and

Hang Seng Bank Hang Seng Bank Limited () is a Hong Kong-based banking and financial services company with headquarters in Central, Hong Kong. It is one of Hong Kong's leading public companies in terms of market capitalisation and is part of the HSBC Group, ...

, which uses a separate system known as

ETC * Etc. or et cetera, a Latin expression meaning "and the other things" or "and the rest". ETC or etc may also refer to: Companies and organizations * ETC (Chilean TV channel), a Chilean cable television channel * ETC (Philippine TV channel), a P ...

( 易通財). JETCO connects with the

UnionPay UnionPay (), also known as China UnionPay () or by its abbreviation, CUP or UPI internationally, is a Chinese state-owned financial services corporation headquartered in Shanghai, China. It provides bank card services and a major card scheme ...

network in

Mainland China "Mainland China" is a geopolitical term defined as the territory governed by the People's Republic of China (including islands like Hainan or Chongming), excluding dependent territories of the PRC, and other territories within Greater China. ...

: JETCO cardholders can withdraw

RMB The renminbi (; symbol: ¥; ISO code: CNY; abbreviation: RMB) is the official currency of the People's Republic of China and one of the world's most traded currencies, ranking as the fifth most traded currency in the world as of April 2022. ...

cash at UnionPay machines in a number of major cities in Mainland China, while UnionPay cardholders can withdraw

HK$ The Hong Kong dollar (, sign: HK$; code: HKD) is the official currency of the Hong Kong Special Administrative Region. It is subdivided into 100 cents or 1000 mils. The Hong Kong Monetary Authority is the monetary authority of Hong Kong and ...

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.

has now linked its mainland ATMs to the JETCO network to allow users of the JETCO network to withdraw RMB cash on the mainland and mainland-based banks and others in Hong Kong have linked their ATMs in Hong Kong to the UnionPay network. Additionally, many banks in Hong Kong now issue UnionPay debit and credit cards for mainland use.

Members

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

Hong Kong

Bank of Communications Bank of Communications Limited (BoComm) (; often abbreviated as ), is the fifth-largest bank in mainland China. Established in 1908, the Bank of Communications claims a long history in China and is one of the banks to have issued banknotes in mo ...

* Bank of Communications Hong Kong Branch *

China Construction Bank (Asia) China Construction Bank (Asia) Corporation Limited (Traditional Chinese: 中國建設銀行(亞洲)股份有限公司) is a licensed bank incorporated in Hong Kong. History The Bank has over 100 years of history in Hong Kong, when its predecessor ...

China Merchants Bank China Merchants Bank (CMB) () is a Chinese bank headquartered in Futian District, Shenzhen, Guangdong, China. Founded in 1987, it is the first share-holding commercial bank wholly owned by corporate legal entities in China. CMB has over five hund ...

Chiyu Banking Corporation Chiyu Banking Corporation Limited also known as Chiyu Bank is a bank incorporated in Hong Kong. History It was founded by Tan Kah Kee on 15 July 1947, and it has 23 branches in Hong Kong and focuses on serving the community of Fujianese peo ...

Chong Hing Bank Chong Hing Bank is a bank founded in Hong Kong in 1948. It is headquartered in Central, while the back offices are located in Western District and Mong Kok. It was owned by the Liu family of Hong Kong until it was acquired by the Chinese state- ...

Citibank (Hong Kong) Citibank (Hong Kong) Limited (Chinese: 花旗銀行, formerly 萬國寶通銀行) is a Citigroup subsidiary, which is a licensed bank incorporated in Hong Kong. History Citibank began operations in Hong Kong in 1902, thus becoming the first ...

CITIC Ka Wah Bank China CITIC Bank International Limited (Chinese: 中信銀行(國際), CNCBI in short) is a full-service commercial bank in Hong Kong. China CITIC Bank Corporation Limited, via its wholly-owned subsidiary CITIC International Financial Holdings ...

Dah Sing Bank Dah Sing Banking Group Limited (DSBG) is a Hong Kong-based banking and financial company, headquartered in Wan Chai. It has been listed on the Hong Kong Stock Exchange since 2004. It has three main banking subsidiaries (Dah Sing Bank, Banco Co ...

DBS Bank DBS Bank Limited, often known as DBS, is a Singaporean multinational banking and financial services corporation headquartered at the Marina Bay Financial Centre in the Marina Bay district of Singapore. The bank was previously known as The Dev ...

* Fubon Bank *

Industrial and Commercial Bank of China (Asia) The Industrial and Commercial Bank of China (Asia), or more commonly known as ICBC (Asia) (Traditional Chinese: 中國工商銀行(亞洲), 工銀亞洲) is a licensed bank incorporated in Hong Kong. It is a subsidiary of the Industrial and Commer ...

Nanyang Commercial Bank Nanyang Commercial Bank (NCB, Chinese: 南洋商業銀行) is a bank based in Hong Kong and a wholly owned subsidiary of China Cinda Asset Management China Cinda Asset Management Co., Ltd. known as China Cinda or just Cinda is a Chinese merc ...

Public Bank (Hong Kong) Public Bank (Hong Kong) Limited ( Chinese: 大眾銀行(香港)有限公司) is a licensed bank in Hong Kong. Originally named Asia Commercial Bank Limited and owned by Asia Financial Holdings Limited (SEHK: 662, it was acquired by Public Financia ...

Standard Chartered Hong Kong Standard Chartered Hong Kong (officially Standard Chartered Bank (Hong Kong) Limited, ) is a licensed bank incorporated in Hong Kong and a subsidiary of Standard Chartered. It is also one of the three commercial banks licensed by the Hong Kong ...

OCBC Wing Hang Bank OCBC Wing Hang Bank Limited (), formerly Wing Hang Bank Limited is a licensed bank with its head office in Hong Kong, where it is the eighth biggest bank by total assets. Since end of July 2014 Wing Hang Bank has been a subsidiary of Oversea-Ch ...

Macau

Banco Comercial de Macau Banco may refer to: Places * Banc (Barcelona Metro), also called Banco, a closed metro stop on the Barcelona metro * Banco, Virginia, an unincorporated community * Banco, West Virginia, an unincorporated community * Banco National Park, a natio ...

Banco Nacional Ultramarino Banco Nacional Ultramarino (, BNU; ; en, National Overseas Bank) is a Macau banking and financial services corporation. It was a Portuguese bank with operations throughout the world, especially in Portugal's former overseas provinces. It ceased e ...

* Banco Weng Hang *

China Construction Bank China Construction Bank Corporation (CCB) is one of the " big four" banks in China. In 2015, CCB was the 2nd largest bank in the world by market capitalization and 6th largest company in the world. The bank has approximately 13,629 domestic bra ...

* Luso International Bank *

Industrial and Commercial Bank of China (Macau) The Industrial and Commercial Bank of China (Macau) Limited () formerly known as the Seng Heng Bank Limited () established in 2009, is the third largest locally incorporated bank in Macau, China. In August 2007, Industrial and Commercial Bank of Chi ...

* Tai Fung Bank

External links

Official homepage
{{DEFAULTSORT:Jetco Financial services companies established in 1982 Banks of Hong Kong Banks of Macau Interbank networks Bank of China Banks established in 1982 1982 establishments in Hong Kong

History

Members

Hong Kong

Macau

See also

External links