Can the money on the social security card be transferred to the bank card?

The money on social security card can be transferred to bank card.

Financial social security card has the dual attributes of bank card and social security card, and can carry out basic banking business such as deposit and withdrawal; If the social security card has financial functions, it can be used as a bank card with financial functions such as cash deposit and withdrawal, transfer and consumption. The financial account of social security card can complete the payment of social insurance benefits, and this part of funds can be withdrawn; However, the funds in the personal account of medical insurance cannot be withdrawn. Therefore, as long as the financial account of the social security card has been activated, the above funds can be transferred to the bank card.

Restrictions on the use of social security cards:

1, nature of social security card bound account: social security card is usually bound to a special medical insurance account to pay medical expenses;

2. Limitation of consumption scope: the funds in the social security card are mainly used for medical service consumption, such as drug purchase and medical service payment;

3. Withdrawal and transfer restrictions: funds in social security cards are usually not allowed to be directly withdrawn or transferred to personal bank cards;

4. Source of account funds: the funds in the social security card come from social insurance premiums paid by individuals and units, and have specific purposes;

5. Supervision and audit: Strictly supervise the use of social security cards, and all transactions will be audited to ensure compliance in the use of funds.

To sum up, as long as the financial account of the social security card is activated, the above funds can be transferred to the bank card to realize financial functions such as cash deposit and withdrawal, transfer and consumption.

Legal basis:

Notice of the People's Bank of Ministry of Human Resources and Social Security and China on Loading Financial Functions into Social Security Cards

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The financial function of social security card is mainly realized by loading bank application on social security card. Social security card loaded with financial function (hereinafter referred to as social security card with financial function), electronic certificate, as a cardholder who enjoys the rights and interests of social security and public employment services, has basic functions such as information recording, information inquiry and business handling of social security card, and can also be used as a bank card with financial functions such as cash deposit and withdrawal, transfer and consumption. The financial application of social security card with financial function is RMB debit application, and the credit function is not supported at present, and its application scope is limited to People's Republic of China (PRC) (PRC). The card medium of social security card with financial function is contact chip card, which can be temporarily transitioned in the form of chip and hidden magnetic stripe composite card. The chip should include both human resources and social security applications (hereinafter referred to as social security applications) and financial applications.