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Is the bank responsible for the money stolen from the bank card?
If the victim's bank card is stolen, and the bank fails to fulfill its safety management obligations or is at fault, it shall bear the corresponding liability for compensation. China's "Measures for the Administration of Electronic Banking" stipulates that financial institutions should bear corresponding responsibilities if they provide electronic banking services for non-customer reasons such as security risks in the electronic banking system and illegal operation within the financial institutions.
Legal objectivity:
Provisions of real-name registration system Municipality on Individual Deposit Accounts in this Municipality
Article 7
When opening a personal deposit account in a financial institution, the financial institution shall require him to show his identity document, check and register his name and number on the identity document.
Measures for the administration of electronic banking
Article 89
When providing e-banking services, financial institutions should bear corresponding responsibilities for losses caused by non-customer reasons such as potential safety hazards in the e-banking system and illegal operations inside financial institutions.
People's Republic of China (PRC) Commercial Bank Law
Article 6
Commercial banks should protect the legitimate rights and interests of depositors from any unit or individual.
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