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What does social security card bank mean?

Social security card bank refers to the bank that handles social security cards.

Social security card is a kind of card used to manage and use social insurance fund, which can be used for medical insurance, endowment insurance and other related businesses. Social security card bank refers to the bank that handles social security cards, that is, which bank handles social security cards. According to the regulations of the People's Bank of China, the opening bank of social security card should be a bank with the qualification to handle social security card business, generally a bank that cooperates with social security institutions.