What is the reason why social security cards are restricted from withdrawing money?

The reasons why social security cards are restricted from withdrawing money are as follows:

1. The social security card has not been activated. If the social security card has a social security account and a financial account, you need to activate the two accounts separately to withdraw money;

2. The social security card financial account is not activated. You can only deposit money into the social security account after it is activated, and you can only withdraw money from the corresponding financial account;

3. The social security card was cancelled by the bank. If the social security card is cancelled, it can only be re-processed, and the financial account of the social security card needs to be re-processed, which means that the funds in the previous social security card cannot be taken out;

4. The chip of social security card has been damaged. If the chip of the social security card has been damaged, you can't take out the funds inside.

The process of buying social security by yourself:

1. After receiving the notice from the service point of the social security agency to which the insured belongs (hereinafter referred to as the service point), apply for a social security card at the service point with the original and photocopy of my ID card;

2. The service point personnel provide the individual with the confirmation form of card issuing service, and after the individual confirms the card issuing bank on site, print the application registration form and submit it to the individual for filling in;

3. If the personal second-generation card photo is printed on the registration form, the individual may authorize the use of the photo for business card printing without collecting electronic photos; If not, the individual needs to take photos of the second-generation card in the photo studio that has been included in the social security card electronic photo collection service unit (see the "Social Security Card" column on the homepage of Huizhou Social Security website for the list of photo studios) and paste the photo receipt in the corresponding position of the application registration form;

4 carefully check, supplement or modify the information on the application registration form and return it to the service point within the prescribed time limit;

5. After checking the application registration form and other related materials submitted by individuals, the staff of the service point shall sign for confirmation by both parties;

6. After successfully submitting the application registration form and other related materials at the service point for 30 working days, I will take my original ID card to the social security card of the issuing bank to get the card and go through the card activation procedures.

To sum up, social security card is a form of social security, covering many functions such as endowment insurance, unemployment insurance, work injury identification, employment training and so on.

Legal basis:

Article 8 of People's Republic of China (PRC) Social Insurance Law

Social insurance agencies provide social insurance services, responsible for social insurance registration, personal rights and interests records, social insurance benefits payment and other work.

Article 72

Set up social insurance agencies in the overall planning area. According to the needs of the work, with the approval of the local social insurance administrative department and the organization management organ, the social insurance agency may set up branches and service outlets in this overall planning area.

The personnel expenses of social insurance agencies and the basic operating expenses and management expenses incurred in handling social insurance shall be guaranteed by the finance at the same level in accordance with state regulations.