Legal basis: Notice of the People's Bank of China on Printing and Distributing the Measures for the Administration of Bank Card Business Article 28 When applying for a bank card, an individual shall provide the card-issuing bank with his/her valid identity certificate specified by the public security department, and open a registered account for him/her after passing the examination by the card-issuing bank;
To open a basic account, a domestic financial institution shall apply for a corporate card with an account opening permit issued by the People's Bank of China;
Bank cards and their accounts are only used by cardholders approved by the issuing bank, and may not be rented or lent.