Which bank can I withdraw money from with my social security card?

Social security cards can be withdrawn from any bank, as follows:

1, but it must bear the UnionPay logo, and it is limited to the withdrawal of funds from financial accounts, and funds from social security accounts cannot be withdrawn. Without UnionPay logo, cross-bank withdrawal is not allowed;

2. Since the implementation of social security cards, the second-generation social security cards have been gradually popularized, and some places have begun to pilot the third-generation social security cards. As far as the whole country is concerned, the first generation of social security cards is not uniform, and the standards and functions of different places are different. The more common is the single-account magnetic stripe card, that is, there is no card-issuing bank logo and financial account, only one social security account, and this social security card cannot withdraw money from the bank at all.

Legal basis: Article 14 of the Social Insurance Law of People's Republic of China (PRC).

Personal accounts shall not be withdrawn in advance, and the bookkeeping interest rate shall not be lower than the bank time deposit interest rate, and interest tax shall be exempted. If an individual dies, the balance of the individual account can be inherited.

Article 15

The basic pension consists of overall pension and individual account pension.

The basic pension is determined according to factors such as individual cumulative payment years, payment wages, average salary of local employees, personal account amount, average life expectancy of urban population, etc.

Article 16

Individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have paid a total of fifteen years when they reach the statutory retirement age.

Individuals who participate in the basic old-age insurance and pay less than fifteen years when they reach the statutory retirement age can pay for fifteen years and receive the basic pension on a monthly basis; Can also be transferred to the new rural social endowment insurance or urban residents' social endowment insurance, enjoy the corresponding pension insurance benefits in accordance with the provisions of the State Council.