Main functions of debit card:
1. Cash deposit and withdrawal: Debit card has the functions of saving local and foreign currency, fixed deposit and demand deposit. Debit cards can be deposited and withdrawn at card-issuing bank outlets and self-service banks, and can also be withdrawn at ATMs (cash machines) throughout the country and even around the world.
2. Transfer and remittance: Cardholders can transfer or remit money to other accounts through bank outlets, online banking, self-service banking and other channels.
3. Credit card consumption: Cardholders can use debit cards to spend money at merchants.
4. Collect and pay on behalf of others: Debit cards can be used to pay wages and pay various fees (such as communication fees, water fees, electricity fees, gas fees, etc.). ).