The Measures for the Administration of Bank Cards have corresponding provisions on this:

Article 34 The cardholder may apply for account cancellation after paying off all transaction funds, overdraft principal and interest and related expenses. When canceling the account, the funds in the RMB card account of the company shall be transferred to its basic account.

The funds in the foreign currency card account of the company shall be transferred back to the corresponding foreign exchange account, and shall not be withdrawn in advance. The unit RMB card can handle the settlement of commodity trading and labor supply, but it is not allowed to overdraw.

Extended data:

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Relevant laws and regulations of the Measures for the Administration of Bank Cards:

Article 62 The monthly overdraft balance of an individual card in the same account shall not exceed 50,000 yuan, and the unit card shall not exceed 3% of the comprehensive credit line granted by the issuing bank to the unit. The monthly overdraft balance of a company without comprehensive credit line cannot exceed 654.38+10,000 yuan.

If a merchant and its legal representative or person in charge have bad information in the risk information management system designated by the People's Bank of China, the acquiring institution shall be cautious or refuse to provide bank card acquiring services for the merchant.

Article 63? The issuing bank has the right to recourse against the overdraft of the cardholder. If the cardholder fails to return the overdraft within the prescribed time limit, the issuing bank has the right to apply for legal protection and investigate the legal responsibility of the cardholder or related parties according to law.

Baidu Encyclopedia-Bank Card Management Measures