What is the penalty of being fined for five years?

Being punished for five years belongs to the administrative punishment made by the public security organs. A bank card is fined for five years, which means that all non-counter business of the user's bank account will be suspended within five years, and all payment account businesses, banks and payment institutions will not be allowed to open new accounts for it. The central bank will transfer the information of the above-mentioned units and individuals to the basic database of financial credit information and record their violations to the credit information system.

What if the bank card is fined for five years?

After the bank card is fined for five years, users can no longer make bank card payment and settlement, nor can they make bank loans. They can only use their bank cards after the disciplinary period is over. Bank card punishment is a very serious matter. Generally, it is to punish users who buy and sell bank cards monitored by the banking system. Bank card punishment will limit the user's bank card consumption, can not use mobile payment, limit high consumption and so on.

Legal basis: Article 29 of the Provisions of the Supreme People's Court on the Sealing-up, Seizure and Freezing of Property in Civil Execution by People's Courts.

The people's court shall not freeze the bank deposits and other funds of the person subjected to execution for more than six months, seal up or detain movable property for more than one year, seal up immovable property for more than two years, and freeze other property rights for more than two years. Except as otherwise provided by laws and judicial interpretations.