According to Article 40 of the Measures for the Supervision and Administration of Credit Card Business of Commercial Banks, the issuing bank shall establish and improve the credit review system of credit card applicants, and clarify the management structure and internal control mechanism. The issuing bank shall conduct a credit investigation on the credit card applicant, fully verify and completely record the applicant's valid identity, financial status, consumption and credit records, and confirm that the applicant has a fixed job, a stable source of income or a reliable repayment guarantee.
Commercial banks should establish a credit card business application data management system, and the head office (the head office and foreign-funded corporate banks) should uniformly number the credit card application data, and implement a registration system for information entry, use and destruction of the application data.
Extended data:
The relevant requirements for credit card business stipulate that:
1. The issuing bank shall establish operating procedures for credit card activation and check the identity information of credit card holders before activation. A credit card whose applicant has not signed a contract (agreement) and whose identity has not been confirmed by the activation procedure shall not be activated. The new card, lost card, damaged card and expired card must be activated before the cardholder can use it.
2. No fees shall be deducted from the credit card without the activation of the cardholder. Under special circumstances, except for the cardholder's written charge, customer service telephone recording, electronic signature and the way recognized by both the cardholder and the issuing bank, the creditor-debtor relationship formed when changing the card.
3. The issuing bank shall establish a credit card credit management system, dynamically manage the credit line of the credit card according to the credit status, card usage and risk information of the cardholder, and timely notify the cardholder in the agreed way, and may require the cardholder to implement the second repayment source or provide guarantee when necessary.
Baidu Encyclopedia-Measures for the Supervision and Administration of Credit Card Business of Commercial Banks