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Is the social security bank card a first class account or a second class account?
Coach class. According to the regulations of the People's Bank of China, bank accounts are divided into two types: primary accounts and secondary accounts. Class I accounts refer to general accounts opened by individuals or enterprises in banks for depositing and withdrawing money and handling related businesses, such as demand deposits, time deposits, checks, etc. The second category of accounts refers to accounts opened by government agencies, institutions and social organizations, which are mainly used for the receipt, payment, management and use of public funds such as social security, provident fund and education funds.
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