CBRC issued new credit card rules not to issue to minors

Require commercial banks to bring credit card business into the internal control system August 11 afternoon news the Banking Regulatory Commission on "Commercial banks credit card business supervision and management measures" open for comments.　　The Banking Regulatory Commission said that the commercial bank credit card business will be included in the bank's internal control and risk management system, performance evaluation can not be a single link with the number of cards, is strictly prohibited to disclose credit card customer information, not to the minors. "Measures" stipulates that, without written authorization, commercial banks may not use the cardholder, the special merchant and other information in the bank's credit card business other ways. "The transaction must be partially shielded from the card number, and the commercial Bank and its cooperating agency shall not store the credit card information in excess of the business demand and fully protect the client's privacy."　　"In addition to the supplementary card, the scheme provides that no minors should be hairpin." In standardizing the service of exceeding the limit card, the "measures" stipulates that the issuing bank to provide a credit card service, the collection of excess fees and other acts must be authorized in advance by the cardholder, before the authorization must provide information on the form of a surcharge and the calculation of the manner of notice, and clearly inform the cardholder has the right to revoke the authorization,　　No surcharge should be charged in a billing cycle. In the first half of 2010, credit card trading volume has reached 2.2 trillion yuan, more than the same period increased by 7,300 yuan. (Ding from Beijing)