Bank credit refers to a form of credit in which banks are used as intermediaries to raise monetary funds by means of deposits and provide funds to various departments and enterprises of the national economy by means of loans. The essence of bank credit is that the bank acts as an intermediary to enable the owner of monetary capital to pass the credit relationship between the bank and functional capital. Bank credit is the credit provided by banks or other financial institutions in the form of money. Bank credit is accompanied by the emergence of modern banks, and bank credit and commercial credit together constitute the main body of modern economic and social credit relations. Bank credit is provided in the form of money. Bank loans are not commodity capital in the process of industrial capital circulation, but temporarily idle monetary capital separated from industrial capital circulation. The borrowers of bank credit are monetary capitalists and functional capitalists. Because the form of providing credit is money, this overcomes the limitations of commercial credit in the direction of use.
Legal basis: Article 196 of the Criminal Law of People's Republic of China (PRC) commits credit card fraud under any of the following circumstances. If the amount is relatively large, it shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention, and shall also be fined not less than 20,000 yuan but not more than 200,000 yuan. If the amount is huge or there are other serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than five years but not more than ten years, and shall also be fined not less than 50,000 yuan but not more than 500,000 yuan. If the amount is especially huge or there are other especially serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than 10 years or life imprisonment, and shall also be fined not less than 50,000 yuan but not more than 500,000 yuan, or his property shall be confiscated: (1) using a forged credit card; (3) Fraudulent use of another person's credit card; The term "malicious overdraft" as mentioned in the preceding paragraph refers to the behavior that the cardholder overdraws beyond the prescribed limit or time limit for the purpose of illegal possession, and refuses to return it after being urged by the issuing bank.