Never lend your bank cards, SIM cards, or payment accounts to anyone — “money laundering” is not a side hustle
Original: eternity4719 · source details
Original author: eternity4719 · Chinese source: · English adaptation: parveen0029. Translation and grade notes ↗
Bibliographic titles are retained in their original language.
Source author's views and grades; not individually verified by this site.
Cost and benefit at a glance
- Check the cost Cost ↓
- Zero. Some people claim “just lend your card for a few transactions and you’ll get a few hundred yuan” — just say no.
- Then the source benefit Benefit ↓
- Engaging in any activity that involves renting, lending, or selling phone cards, bank accounts, payment accounts, or internet accounts is illegal. Authorities confiscate all illega…
In plain terms
Renting, lending, or selling your bank cards, SIM cards, or payment accounts is illegal on its own. Penalties include confiscation of all illegal earnings plus a fine of 1 to 10 times that amount; if no earnings were made, the maximum fine is 200000 yuan. In serious cases, offenders face up to 15 days in detention, a negative credit record, and restrictions on account functionality. If you knowingly assist criminals by receiving or transferring money using these accounts, you could be convicted of aiding information network criminal activities, punishable by up to 3 years in prison.
This guide's cartoon · show illustration
Enlarge illustrationOriginal illustration with Chinese lettering; the English dialogue is below. Humour is a reading aid, not evidence.
English dialogue
- An unmissable opportunity!
- Let me verify it first.
Cost: what it takes
Zero. Some people claim “just lend your card for a few transactions and you’ll get a few hundred yuan” — just say no.
Benefit: what the source reports
Engaging in any activity that involves renting, lending, or selling phone cards, bank accounts, payment accounts, or internet accounts is illegal. Authorities confiscate all illegal earnings and impose a fine of 1 to 10 times that amount; if no earnings exist, the maximum fine is 200000 yuan. Serious violations lead to detention of up to 15 days, a negative credit record, account restrictions, and suspension of all non-counter banking services. Knowingly providing payment settlement assistance to criminals constitutes aiding information network criminal activities (known as “helping information network crimes”), punishable by up to 3 years in prison and a fine nationwide.
Conditions, limits and disagreements
Claiming “I had no idea what the other person intended to do with my cards” won’t protect you. Law enforcement determines intent based on external circumstances: receiving payment for lending cards or unusually large transaction volumes can be used as evidence of awareness. Even if you ultimately aren’t convicted, accounts used to receive illicit funds get frozen and you face other penalties.
Original references
Original bibliographic titles and links are preserved; some titles are in Chinese.
全国人大常委会 (2022). 反电信网络诈骗法（第三十一、四十四条）. https://www.spp.gov.cn/spp/fl/202209/t20220902_575631.shtml；全国人大常委会 (2015). 刑法修正案（九）（第二十九条，即刑法第二百八十七条之二）. https://www.spp.gov.cn/spp/fl/201802/t20180205_364562.shtml
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