Is it free to withdraw money from social security cards across banks?

Social security card cross-bank withdrawal is free.

Cross-bank withdrawals from social security card financial accounts are free in the province. Not only that, but also free of annual fees, new card issuance fees, counter loss reporting fees, small account management fees and other fees. This means that cardholders can enjoy certain free services when using social security cards for financial transactions, which reduces the use cost. The financial function of social security card provides convenience for cardholders, enabling them to manage and use their own funds more flexibly in their daily lives.

Function and application of social security card;

1. Social security information inquiry: Cardholders can inquire personal social security payment records, medical insurance reimbursement records and other information through social security cards;

2. Use of medical services: The social security card can be used as a medical certificate to register, pay fees and purchase medicines at designated medical institutions.

3. Financial payment function: Some social security cards have the function of bank debit card, which can be used for consumer payment, transfer and remittance.

4. Application of electronic certificate: the social security card is embedded with an electronic license, which can be used for identity authentication and electronic signature;

5. Social welfare collection: social security cards can be used to receive social insurance benefits such as pensions and unemployment benefits;

6. Access to public services: In some cities, social security cards can also be used for public services, such as public transportation and libraries.

To sum up, the financial function of social security card provides convenience for cardholders, enabling them to manage and use their own funds more flexibly in their daily lives, and enjoy certain free services, which reduces the use cost.

Legal basis:

Opinions on strengthening and improving public services in the fields of human resources and social security

3. Accelerate the direct settlement of basic medical insurance for medical treatment in different places. In 20 16, the hospitalization expenses of retirees resettled in different places were basically settled directly, and in 20 17, the hospitalization expenses of insured persons who met the referral conditions were basically settled directly.