What is the meaning of social security card bank account failure

Legal analysis: when the new social security card for the bank account opening failure is mainly due to the following four reasons:

1, the opening bank branch organization code is wrong.

2, the participant's personal information is incorrect.

3. The participant's status in the account opening bank is abnormal.

4. The participant has too many accounts in the depository bank.

Legal basis: The Social Insurance Law of the People's Republic of China

Article 4 Employers and individuals within the territory of the People's Republic of China shall pay social insurance premiums in accordance with the law, and shall have the right to inquire about the records of contributions and individual rights and interests, and to request social insurance agencies to provide social insurance counseling and other related services. Individuals enjoy social insurance benefits in accordance with the law, and have the right to supervise the payment of contributions for them by their own units.

Article 5: The people's governments at or above the county level shall incorporate the cause of social insurance into their national economic and social development plans. The State raises funds for social insurance through multiple channels. The people's governments at or above the county level give necessary financial support to the social insurance cause. The state supports social insurance through preferential tax policies.