Social security card to withdraw the meaning of the provident fund is explained as follows

The housing fund is a kind of long-term housing savings, general housing fund is a unit and individual **** with the deposit, the money will be deposited into the personal account of the fund. The account balance of the provident fund can be withdrawn for use, the withdrawal of the account balance of the provident fund are directly withdrawn to the joint card of the provident fund inside. So what does it mean to withdraw CPF from your social security card? Find out.

What does it mean to withdraw PF from your social security card?

Social security card to withdraw provident fund means that you can directly withdraw the account balance of the provident fund to the financial account of the social security card, the user can directly through the social security card to withdraw the account balance of the housing fund. The main purpose of withdrawing the fund through the social security card is to realize the requirements of the social security card "one card" and provide more convenience for people to handle the housing fund.

There are two main advantages to withdrawing from a social security card, one of which is that you don't need to carry the card to withdraw from the fund. Housing fund employees offline and online for the withdrawal business, the system can automatically get the withdrawer's social security card financial account information, no need to manually enter the bank card number, to avoid the withdrawer did not bring the card, bring the wrong card and other issues; the second is that the social security card a class of financial account transfers, transactions are not restricted.

It should be noted that the social security card to withdraw the housing fund account balance must be activated social security card financial account, if the financial account is not activated, although it will not affect the issuance of provident fund, but in the withdrawal of the time will still be affected. If you want to activate the financial account of the social security card, you only need to bring the declaration card and ID card to any branch of the bank that issued the card.