An Analysis Of Liability For Loss Of Bank Card Funds

With China’s rapid economic development, the financial services industry has been changing, all kinds of bank cards have become an indispensable part of our life, bank cards carrying savings, consumer credit, transfer, consumer, online third party payment and other functions, for the modern life of the people to provide a great convenience. Let us look back in such cases, what are the fault of the cardholders and the bank for criminals to exploit, in addition to criminals who should also bear the responsibility. The relevant laws in our country have been far behind in the development of today’s financial services industry, such cases due to no definite guidance standards, resulting in the adjudication of the case results in the appearance of large differences. We are going to discuss such cases the relationship between the parties, who bear the burden of proof and the ultimate responsibility to clear the case should be how to discretion.