Legal Analysis: If a bank violates Article 57 of the Regulations on Credit Card Management and fails to submit credit card articles of association, filing materials and business statements to the People's Bank of China, the People's Bank of China shall order it to make corrections; If no correction is made within the time limit, a fine of 6,543,800 yuan or more and 6,543,800 yuan or less shall be imposed.

Legal basis: Article 57 of the Measures for the Administration of Credit Card Business If the issuing bank is under any of the following circumstances, it shall be punished in accordance with the Law of People's Republic of China (PRC) Municipality on Commercial Banks and the relevant provisions on cash management:

(1) Failing to implement the prescribed deposit interest rate;

(2) Failing to pay the deposit reserve to the People's Bank of China as required;

(3) helping cardholders to withdraw cash in violation of regulations.