The Measures for the Supervision and Administration of Credit Card Business of Commercial Banks have corresponding provisions:

Article 55 The issuing bank shall not provide credit card services beyond the credit limit for credit card transfer (transfer-out) and cash withdrawal. The total amount of credit card overdraft transfer (transfer out) and cash withdrawal shall not exceed the credit limit of credit card cash withdrawal.

The issuing bank shall clearly stipulate in the credit card contract (agreement) the specific operation process of repaying the credit card loan with the relevant assets of the cardholder, and shall not directly offset the credit card receivables with the assets of the cardholder without the authorization of the cardholder.

Extended data:

?

Relevant provisions of the Measures for the Supervision and Administration of Credit Card Business of Commercial Banks:

Article 35 The acquiring institution shall immediately terminate the bank card transactions of merchants who accept fake cards, illegally record information, cheat cash and other illegal acts, and report the case to the public security department and the relevant information to the People's Bank of China.

Submit the relevant information of the merchants and their legal representatives or responsible persons to the credit information system of the People's Bank of China, and take the initiative to submit it to the risk information sharing system of China UnionPay bank cards.

Article 36? Due to poor management, the People's Bank of China shall notify the acquiring institutions that have deliberately accepted many illegal and criminal acts such as fake cards, illegal information recording, cashing and fraud, and make rectification within a time limit.

Baidu Encyclopedia-Measures for the Supervision and Administration of Credit Card Business of Commercial Banks