What does it mean to sign a contract with a bank with a social security card?

1, the combination of social security card and bank card is the first step of multi-card merger, which fundamentally solves the inconvenience of too many cards.

2. Ministry of Human Resources and Social Security and the People's Bank of China signed an agreement. People's Bank of China gradually replaced magnetic stripe cards with chip cards from the perspective of security. The social security card just took this opportunity to be replaced by a financial social security card, which is conducive to the combined use of social data and bank data.

3. After the financial social security card is launched, we will work with health departments, hospitals and banks to develop medical insurance information systems. In the future, all expenses will be deducted directly from the account of the insured, and cash delivery will not be involved, so as to avoid wasting the time of queuing for medical treatment.