What does the social security card bank account mean?

The social security account number is the number held by the social security card in the local designated bank, and it is an important certificate for the insured to participate in social security. Social security card bank account is a bank account bound by social security card for deposit and withdrawal. After opening a bank account, the cardholder can enjoy the basic functions of the social security card, and at the same time, he can also use the bank's financial services such as cash deposit and withdrawal, transfer and consumption to realize the coordinated handling of social security business and financial payment business. In addition, binding bank accounts can also enjoy more government services, such as the collection and payment of pensions. The social security account number refers to the social insurance agency's establishment for each person who participates in social endowment insurance according to the social security number issued by the State Bureau of Technical Supervision, and records the endowment insurance premium transferred by the unit and all the endowment insurance premiums paid by the individual when the person who participates in social endowment insurance retires, as the basis for calculating and issuing the endowment insurance premium of individual account.

The materials required to pay social security are:

1. Fill in the social insurance registration form and enterprise employee social insurance declaration form;

2. A copy of the business license of the enterprise (original inspection);

3, enterprise organization unified code certificate copy (original inspection);

4. The seal card and photocopy of the social security fee collection bank or the certificate of the social security fee collection bank.

Legal basis: Article 58 of People's Republic of China (PRC) Social Insurance Law. The employing unit shall handle social insurance registration for employees within 30 days from the date of employment. If the social insurance has not been registered, the social insurance agency shall verify the social insurance premium it should pay. Employees-free individual industrial and commercial households who voluntarily participate in social insurance, part-time employees who do not participate in social insurance in the employing unit and other flexible employees shall apply to the social insurance agency for social insurance registration. The state establishes a national unified personal social security number. Personal social security number is a citizen's identity number.