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Can I deposit a large sum of money with my social security card?
Social security cards can deposit large deposits. The premise is that the social security card has opened a bank account with financial functions, and the deposits in the social security card financial account are limited, that is, the maximum single deposit is 5,000, with a total of 20,000. If it's more than 20,000, you can get it at the counter.

The social security card account can be used for deposit, medical treatment and medicine purchase; Deposit accounts can be used for deposits and withdrawals.

Social security card is an integrated circuit card (C card) which is uniformly planned by the Ministry of Labor and Social Security and issued to the society by local labor and social security departments, and is used in various business fields of labor and social security. Social security (individual) cards are issued to urban employees, unemployed people and retirees, and social security (employer) cards are issued to employers.

Eight functions of social security card:

1, personal social security related information records, electronic certificates and information inquiry, etc. ;

2. Record the insured's name, ID number, date of birth, gender, nationality, household registration and other basic information;

3, query my pension, unemployment, medical care, work injury and maternity insurance payment;

4. You can take the card to the hospital and go to the pharmacy to buy medicine;

5 for medical care, unemployment, pension, work injury, maternity and other social security affairs;

6. Query the total amount of endowment insurance and medical insurance;

7. Handle social security affairs such as receiving pensions, job hunting and unemployment registration, and even participate in vocational training;

8. It will have multiple functions of a card, such as paying water and electricity bills, swiping a card by bus and electronic wallet.

legal ground

Social insurance law

Article 68

The social insurance fund shall be deposited in the financial special account, and the specific management measures shall be formulated by the State Council.

Article 69

On the premise of ensuring safety, the social insurance fund shall be invested and operated in accordance with the provisions of the State Council to maintain and increase its value.

Social insurance funds shall not be used for illegal investment and operation, for balancing other government budgets, for building or rebuilding office buildings, and for paying personnel expenses, operating expenses and management expenses, or for other purposes that violate laws and administrative regulations.