What is the meaning of social security inside the entrusted on behalf of the bank

Legal analysis: social security entrusted on behalf of the issuance of bank cards, is the social security institutions to the issuance of card affairs to the bank, the bank obtained a financial account, social security payments, social security funds reimbursement also need to go through the bank account, you can get a number of customers and deposits as well as the product, the customer gets the convenience of the service.

Legal basis: the Chinese People's *** and National Code

Article 919 Entrustment contract is the principal and the trustee agreed that the trustee to deal with the affairs of the principal contract.

Article 922 The trustee shall handle the entrusted affairs in accordance with the instructions of the principal. Where it is necessary to change the instructions of the principal, the consent of the principal shall be obtained; where it is difficult to get in touch with the principal due to the urgency of the situation, the trustee shall handle the entrusted affairs properly, but the situation shall be reported to the principal in a timely manner afterwards.