Individuals who open Class II and Class III bank accounts (hereinafter referred to as Class II and Class III households) can bind their Class I bank accounts (hereinafter referred to as Class I households) or credit card accounts for identity verification, and may not bind the payment accounts opened by non-bank payment institutions (hereinafter referred to as payment institutions) for identity verification.

2.

Individuals can open Class I, Class II and Class III accounts through the counters of banking financial institutions (hereinafter referred to as banks) with valid identity documents. Class II and III accounts opened by individuals at bank counters do not need to be bound to Class I accounts or credit card accounts for identity verification. If a bank relies on self-service machines to open a first-class account for an individual, the bank staff shall examine the identity of the account holder in person.

3.

When a bank offers second-class or third-class household business, it shall abide by the provisions of the real-name registration system for bank accounts and the requirements of the anti-money laundering customer identity data preservation system, and keep copies, photocopies or video materials of the applicant's identity certificate. Conditional banks can use safe and effective technical means such as video or face recognition as a way to assist in verifying personal identity information.

4.

When a bank opens a Class II account for an individual through electronic channels, it shall verify the Class II account with the bound bank.

Extended data

Various accounts have functions:

Class I households are "cash boxes". Personal income and other major sources of funds are deposited in this account. Fully functional, you can deposit and loan foreign exchange, investment and financing, local and foreign currency, without any restrictions.

Class II households are "wallets". Class II households can make deposits, purchase financial products such as investment and wealth management, restrict consumption and payment, and restrict transfer to unbound accounts.

The limit of Class II households is 6,543,800 yuan per day and 200,000 yuan per year.

Class III households are "coin purses".

Can handle limited consumption and payment, and limit the transfer of funds to unbound accounts.