How to transfer money to others with the pension insurance card on the cell phone

Can not directly transfer operations.

The pension insurance card, as an important carrier of personal social security accounts, is mainly used to record personal pension insurance contributions, entitlements and other information, and does not have the function of transferring money to others directly through the cell phone. This is because the funds of the pension insurance card are managed by the individual's social security account and are strictly regulated by relevant laws and regulations to ensure the safety and compliance of the funds.

If you need to transfer funds to another person, it is recommended that you do so through a bank transfer or other legal payment channels. These payment channels usually have a more complete fund management and security mechanism, which can meet the needs of transferring funds between individuals. When transferring funds, you should make sure that you provide accurate information about the payee and the amount of money you are transferring, and comply with the relevant laws and regulations and the rules of the payment channel.

In addition, it should be noted that any operation involving the transfer of funds should be treated with caution to avoid being victimized by fraud or other illegal acts. Before carrying out the transfer operation, it is recommended to carefully verify the identity and account information of the other party to ensure the safety of the funds.

In summary:

There is no way to transfer funds directly from a cell phone to a pension insurance card, as the card is mainly used to manage a person's social security account, and does not have the ability to transfer funds. If you need to transfer funds to others, you should do so through legal payment channels and comply with relevant laws and regulations and the provisions of payment channels. When carrying out the transfer operation, you should ensure the safety of the funds and avoid being victimized by unlawful acts.

Legal basis:

The Social Insurance Law of the People's Republic of China

Article 60 stipulates:

Employers shall declare themselves and pay social insurance premiums in full and on time, and shall not defer or reduce payment except for force majeure and other legal reasons. The social insurance premiums to be paid by employees shall be withheld and paid by the employer on behalf of the employee, and the employer shall inform the employee of the details of the payment of social insurance premiums on a monthly basis.

This legal provision stipulates the method of payment of social insurance premiums and the subject of responsibility, and emphasizes the earmarked nature of social insurance premiums, which cannot be transferred or misappropriated at will.

The Banking Supervision and Administration Law of the People's Republic of China

Article 46 stipulates:

Banking financial institutions that are involved in any of the following situations shall be ordered by the banking regulatory body under the State Council to make corrections and shall be subject to a fine of not less than two hundred thousand yuan and not more than five hundred thousand yuan; where the circumstances are particularly serious or where the corrections are not made after the expiration of the period of time, the banking institution can be ordered to suspend its operation and reorganization, or its business license may be suspended; constituting a crime, it shall be prosecuted in accordance with the law. License; if it constitutes a crime, it shall be investigated for criminal responsibility according to law:

(1) Appointing directors and senior management personnel without qualification examination;

(2) Refusing or obstructing off-site supervision or on-site inspection;

(3) Providing false or concealing important facts of the statements, reports, and other documents and information;

(4) Failing to make information disclosure according to the regulations for information disclosure;

(e) seriously violating prudent business rules;

(f) refusing to implement the measures provided for in Article 37 of this Law.