Article 1: In order to strengthen the management of credit card business, these measures are specially formulated. Article 2 The credit card business referred to in these Measures refers to the credit card business and overseas credit card agency business operated by banks within China (including domestic banks and branches established by overseas banks in China) with the approval of the People's Bank of China. Article 3 Non-financial enterprises and institutions and representative offices of overseas banks in China are not allowed to handle credit card business and act as agents for overseas credit card business. Article 4 All banks in China that engage in credit card business shall comply with the provisions of these Measures. Article 5 Any bank that requires opening credit card business must meet the following conditions:

(1) Qualified managers and operators;

(2) Sound management system and security System;

(3) Necessary business facilities and safety facilities;

(4) Corresponding internal management organizations. Article 6 Any bank that meets the conditions for opening a credit card business must submit an application to the People's Bank of China and can only open the business after approval. Applications from its branches and sub-branches for the issuance of RMB credit cards shall be reviewed by the bank's head office and reported to the local people. Bank filing. Article 7 To apply for opening a credit card business, the following documents and information should be submitted to the People's Bank of China:

(1) Application report;

(2) Credit card business charter;

(3) Resumes and relevant information of the main person in charge of the credit card department;

(4) Information about the name, card sample, issuance scope and target of the credit card to be issued, as well as the information about the overseas credit card to be represented. Relevant information from the entrusting bank or foreign organization;

(5) Other information required by the People's Bank of China. Article 8 When a domestic bank signs a credit card agency business agreement with an overseas bank, a copy of the agreement and relevant materials shall be submitted to the People's Bank of China for record. Article 9 Banks and their branches that apply for credit card business shall submit quarterly statements related to credit card business to the Head Office of the People's Bank of China and its branches respectively. Article 10 All banks that offer credit card business shall, based on the principle of voluntariness and mutual benefit, gradually carry out joint venture cooperation in aspects such as acquiring, equipment, information, and card acceptance in handling RMB credit cards or agency overseas credit card business. The scope of joint venture cooperation can be some banks that offer credit card business in the country, or it can be all banks. Article 11 All domestic banks that handle credit card business may join international credit card organizations with the approval of the People's Bank of China. Article 12: RMB credit card numbers issued by domestic banks shall be compiled in accordance with international standard rules. Article 13 All banks issuing RMB credit cards must attach a charter stating the interest rate of the reserve deposit in the credit card account, the overdraft limit, the overdraft interest rate and other matters, as well as the annual card application fee, loss report fee and other charging standards. Article 14 The interest rate of RMB credit card reserve deposits shall be calculated in accordance with the current deposit interest rate set by the People's Bank of China.

RMB credit card overdraft interest will be calculated as a daily interest rate of 5/10,000 within 15 days from the bank accounting date, and as a daily interest rate of 10/10,000 if it exceeds 15 days. If it exceeds 30 days or the overdraft exceeds the prescribed limit, it will be calculated as a daily interest rate. Calculated based on interest rate 20/10000. Overdraft interest is not calculated in stages, but is calculated based on the highest interest rate bracket for the final term or the maximum overdraft amount. Article 15 The overdraft limit for RMB credit cards is 1,000 yuan for personal ordinary cards and 5,000 yuan for corporate ordinary cards. If each bank sets separate standards, it shall be reported to the People's Bank of China for filing. Article 16 In order to make up for bad debt losses caused by false claims, malicious overdrafts, etc., each bank that handles RMB credit card business must set aside a bad debt reserve of 2‰ of the total amount of credit card transactions. Article 17: When signing contracts with special merchants to accept credit cards and develop the credit card market, banks shall cooperate with each other and shall not adopt any exclusive approach. Special merchants shall not refuse to sign contracts with other banks on the same terms. Article 18 The rate of rebates for credit card transactions that each bank collects from special merchants. The RMB credit card business shall comply with the unified standards for various industries stipulated by the People's Bank of China (see attached table). Without the approval of the People's Bank of China, no bank may reduce or disguise the rate on its own. Reduce rebate rates. Act as an agent for overseas credit card business in compliance with the unified standards stipulated by the International Credit Card Organization.

Article 19 When a domestic bank signs a credit card agency agreement with an overseas bank, its profit distribution ratio and other substantive terms shall be implemented in accordance with the unified regulations of the People's Bank of China. The profit distribution ratio is based on the fact that domestic banks and overseas banks account for 37.5% and 62.5% of the rebates paid by special merchants respectively. Article 20: Each bank must establish corresponding systems and designate specialized agencies and personnel for unified management of blank cards, waste cards to be destroyed, and related business vouchers. The purchase of blank credit cards should be handled by the head office of each bank, and branches are not allowed to purchase them on their own. Article 21 The RMB credit card settlement system shall be formulated uniformly by the People's Bank of China, and each bank may formulate implementation details based on the unified system. Article 22 Anyone who violates these regulations shall be subject to the following penalties by the local People's Bank of China depending on the severity of the case:

(1) Any bank that operates credit card business without approval shall be ordered to immediately cease operating such business. Confiscate their illegal income and notify them of criticism;

(2) Non-financial enterprises and institutions and representative offices of overseas banks in China that engage in credit card business and agency overseas credit card business shall be ordered to cease operations immediately and their illegal income shall be confiscated , and be fined from RMB 1,000 to RMB 10,000;

(3) Anyone who reduces the rebate rate of credit card transactions without authorization or in disguise will be ordered to make corrections immediately and be fined 5% of the transaction amount. Those who refuse to make corrections will be announced to suspend part or all of their credit card business;

(4) Any bank that signs any exclusive agreement with a special merchant to accept credit cards will be ordered to make corrections and will be notified of criticism. and impose a fine of 10,000 yuan to 50,000 yuan. Those who refuse to comply will be announced to suspend part or all of their credit card business;

(5) Those who violate more than two of the above provisions at the same time may be punished together, but the punishment shall not exceed the severity of the punishment.