What to do if you change your social security card for a bank card

Social security card can change banks. If the cardholder needs to switch agent bank, he should first go to the original social security card issuing bank for cancellation procedures, and withdraw the balance of the original social security card personal financial account, the original social security card by the issuing bank recovery and destruction. The cardholder will finally go to the newly chosen agent bank for claiming procedures, and the balance of the medical account of the original social security card will be automatically transferred to the new social security card after the new social security card account is established.

Legal basis

Article 64 of the Full Text of the Social Insurance Law of the People's Republic of China (《中华人民****和國社會保险法全文》) states that the social insurance fund includes the basic pension insurance fund, the basic medical insurance fund, the industrial injury insurance fund, the unemployment insurance fund and the maternity insurance fund. With the exception of the basic medical insurance fund and the maternity insurance fund, which are combined and accounted for in a single account, the other social insurance funds are accounted for separately according to the type of social insurance risk and are accounted for in separate accounts. The social insurance fund implements the State's unified accounting system. Social insurance funds are earmarked for specific purposes, and may not be appropriated or misappropriated by any organization or individual. The basic pension insurance fund to gradually implement national coordination, other social insurance funds to gradually implement the provincial level, the specific time and steps prescribed by the State Council.