Financial services in Surea

Financial services in Surea refers to the services provided in the Republic of Surea by the finance industry: banks, investment banks, insurance companies, credit card companies, consumer finance companies, government sponsored enterprises, and stock brokerages.

Foreign banks
The over 50 foreign banks (Citibank, HSBC, Deutsche Bank, etc.) which have a presence in ROS are not international branches, but rather wholly Surean entities, due to Surean law.

International ATMs
Both Surean and foreign citizens may apply for an international ATM card corresponding to an interbank network such as Cirrus or PLUS. However, foreign citizens need to show the Alien Registration Card for account creation.

Interbank ATMs are common throughout the country, especially in densely-populated urban areas such as Konggei and Hondu.

Electronic banking
In 1992, Surea started the "1Card System," enabling cards issued by banks to be used all over the country through a network. The establishment of the Surea Banking Association rapidly promoted the inter-bank card network and by the end of 2000, the inter-region-inter-bank network had reached 600 cities.