Some Ideas On The Law Guarantee For Bankcard Holder's Rights

Bankcard is a kind of credit payment instrument issued by a commercial bank (including post-financial institutions) which has or partially has the functions of consumption,transfer and cash settlement etc. Since Bank of China issued the first RMB credit card in the domestic in June 1985, bankcard business has gained a great development in the last twenty years. However, because the system of the laws and regulations relating to our bankcard industry hasn't been set up timely, the law problems of bankcard business pile up one after another in the past years and haven't reach the consistent opinions yet in the fields of theoretical research and judicial practice. If these problems don't be resolved, it will become the"bottleneck"for positive development of our county's bankcard industry.The bankcard business may involve many law relationships between various parties. The obligations and rights between the cardholder and issued bank, including consumption,transfer and cash settlement etc, composed the foundation of the whole bankcard business law relationship system. The cardholder stands in the special and important position in the whole business system, although, it hasn't reach the consistent opinions about how to validate the cardholder's identity in the fields of the theoretical research and judicial practice. How to criterion and constitute...