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Why do I need China Merchants Securities to activate my social security card at ICBC?
A: China Merchants Securities is needed to activate the social security card in ICBC, because the social security card has the functions of both a bank card and a securities account. Bank card accounts can be handled in ICBC, and securities accounts need to be opened in securities companies. As a partner of ICBC, China Merchants Securities can provide customers with securities account opening and activation services.

Explanation: Social security card is a kind of card issued by the government to the insured, which has many functions such as paying social insurance, medical insurance and provident fund. In order to facilitate the insured to manage their social security accounts, and to facilitate the inquiry, payment and hospitalization reimbursement, social security cards also have the functions of bank cards and securities accounts. Because banks and securities companies are different institutions, ICBC needs to find a securities company to activate its social security card.

Expansion: China Merchants Securities is a securities company and one of the partners of ICBC, providing a series of financial services together with ICBC. In addition to activating social security cards, China Merchants Securities can also provide customers with securitization services such as stock trading, fixed investment funds and wealth management products.

Steps: To apply for a social security card, you need to fill out an application form at the ICBC counter and provide relevant information and photos. The bank will help the customer open a bank account and bind the social security account to this bank card. After the transaction is completed, you need to go to China Merchants Securities to activate the securities account function of the social security card, and then carry out related operations.

For example, when Xiao Zhang goes to ICBC to apply for a social security card, the bank will tell him that the social security card is both a bank card and a securities account, and he needs to find a securities company to activate it. Xiao Zhang came to China Merchants Securities. With the help of the staff, he filled out the application form for opening a securities account and submitted relevant materials. After the approval of China Merchants Securities, it helped Xiao Zhang activate the securities account function of the social security card, which was convenient for him to conduct stock trading and fund fixed investment.