China Bank Debit Card Related Provisions:

1. An enterprise or institution can only open one basic deposit account in one bank. Depositors can only withdraw wages, bonuses and other cash through basic account.

2. A bank settlement account opened for special management and use of its special funds. Special deposit accounts are used to handle the receipt and payment of various special funds and allow cash withdrawal.

Must be approved. Capital construction funds, renovation funds, extra-budgetary funds, grain, cotton and oil purchase funds, unit bank card reserve funds, securities trading settlement funds, futures trading deposits, interbank funds deposited by financial institutions, income remittance funds and business expenditure funds, unit party, league and trade union organization funds and other funds that need special management and use according to regulations may apply for opening special deposit accounts.

3. Handling the receipt and payment of funds for temporary business activities of temporary institutions and depositors. Withdrawing cash from a temporary deposit account shall be handled in accordance with the relevant provisions of the state on cash management. The scope of opening a temporary deposit account includes the establishment of temporary institutions, temporary business activities in different places, and verification of registered capital.

4. The daily business activities of depositors, such as the receipt and payment of funds and the withdrawal of wages, bonuses and cash, are handled through this account. The general deposit account is used to handle the deposit of depositors' loans, repayment of loans and other settlement funds. This account can be used for cash deposit, but not for cash withdrawal.

Therefore, the debit card of China Bank cannot be bound to paypal.

Extended data:

China Bank Debit Card Special Service:

One multi-account and local and foreign currency deposits

It can be associated with multiple accounts such as current all-in-one account and fixed all-in-one account, and supports RMB and USD, Euro, Japanese Yen, HKD, GBP, Canadian Dollar, Australian Dollar, Swiss Franc, Singapore Dollar, Macau Dollar, Korean Dollar, Danish Krone, Norwegian Krone, New Zealand Dollar, Philippine peso, Russian ruble, Swedish Krone, Thai Baht and South African Rand, totaling/kloc-0.

ATM deposit and withdrawal convenience

Can handle various businesses such as withdrawal, deposit (deposit and withdrawal machine) and balance inquiry. 24-hour withdrawal and inquiry can also be made at ATMs marked "UnionPay" in other banks at home and abroad, which is convenient and fast, regardless of the business hours of outlets.

Convenience of consumption and online payment

Support domestic and overseas POS consumption, online payment, withholding and ordering. You can easily spend Haitao on many overseas shopping websites, or pay the fees of many overseas schools directly on the online payment platform, effectively saving the telegraph fee and remittance fee in cross-border remittance.

Domestic and international remittance facilities

Support the Bank's "Bank of China Global Wisdom (GPI)" international remittance product (GPI is called GlobalPaymentInnovation Platform, which is an international payment innovation project jointly promoted by SWIFT and member banks);

It has several characteristics, such as remittance priority, tracking feedback, transparent cost and complete information transmission, and can provide faster and more thoughtful international remittance intelligent service.

Pay wages, collect and remit expenses.

You can use this card to handle the service of "paying wages on behalf of others", and you can also provide services for individual customers to pay various utility fees such as water, electricity, gas, telephone and mobile phone.

Easy to apply and get the card immediately.

Customers do not need to provide proof of income, proof of bank financial assets and other financial documents. They can go to the counter of China Bank outlets with their valid identity documents, and apply for the card immediately on the spot, which is simple and convenient without activation.

Smart chips are safer with cards.

Using UnionPay standard financial IC card smart chip technology can effectively prevent the information in the card from being stolen and forged, and the transaction is safer. At the same time, it supports the function of electronic cash payment, and you can pay quickly by swiping your card at the acceptance places with the logo of "QuickPass" such as convenience stores and fast food restaurants. ?

Baidu encyclopedia -paypal

China Bank official website-Debit Card Introduction

Baidu encyclopedia-debit card